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Thursday, May 17, 2012
Latest Affordable Housing News
AP Top Business News

As Facebook grows, millions say, 'no, thanks'
5/17/2012
NEW YORK (AP) -- Don't try to friend MaLi Arwood on Facebook. You won't find her there.... Details

Lower oil prices ease load on consumers and Obama
5/17/2012
NEW YORK (AP) -- What only weeks ago was seen as a serious threat to the economic recovery could now turn into a stimulus everyone can love.... Details

Report: Fewer US homes foreclosed upon in April
5/17/2012
LOS ANGELES (AP) -- National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.... Details

Asia stocks rise after Greece sets election date
5/17/2012
BANGKOK (AP) -- Asian stocks were mostly higher Thursday as markets adjusted to Greece's possible exit from the euro common currency and traders hunted for bargains after sharp selling in recent days.... Details

Companies ask: Does advertising on Facebook pay?
5/16/2012
NEW YORK (AP) -- Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest automakers: Does it pay to advertise on the social network?... Details

Topix Real Estate

Lewisboro Weighs Changes in Rules for Real Estate Signs
5/17/2012

Keith Levey of William Raveis Real Estate shows the town board what kind of For Sale signs he thinks should be allowed in Lewisboro.

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CRE pros are slightly pessimistic
5/16/2012

Is the future of the local commercial real estate market half full, or half empty? According to the University of St.

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Survey: Mass. Realtors gaining more confidence
5/16/2012

Realtor confidence in Massachusetts last month reached its highest level in the three years a statewide advocacy group has been measuring it.

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A Low-Risk Naked Put Strategy For Freeport-McMoRan
5/16/2012

Selling naked puts is a great way to purchase shares in companies you like at a predetermined price.

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Realtor Says More Homes Selling Locally
5/16/2012

A Three reports which came out Tuesday brought good news for the real estate market for the first time in a long time.

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MSNBC.com Real Estate

Back from foreclosure to homeownership
5/16/2012

Daniel and Robin Akerman inspect their new house after buying in short sale in Pensacola, Fla.When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners.




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Housing starts rev up, although permits slip
5/16/2012

The nation's homebuilders broke ground on a higher-than-expected number of homes in April, laying the foundation for what could be an improving housing market after a long housing slump. The nation's homebuilders broke ground on a higher-than-expected number of homes in April, laying the foundation for what could be an improving housing market after a long housing slump.




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5/16/2012

Mortgage delinquency rate hits four-year low
5/16/2012
The delinquency rate on U.S. home mortgages fell in the first quarter to the lowest level since 2008, though the share of homes in the foreclosure process inched higher.

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Listing of The Week: A 'Hobbit House' at Lake Tahoe
5/15/2012


885 Hill Lane, Lake Tahoe, Nevada
For sale: $3,700,000
When Paul Arnold and his wife Elizabeth decided to build their custom home, they wanted something beyond fun. They wanted something fantastic.
Hence, "The Hobbit House" was born.885 Hill Lane, Lake Tahoe, Nevada For sale: $3,700,000 When Paul Arnold and his wife Elizabeth decided to build their custom home, they wanted something beyond fun. They wanted something fantastic. Hence, "The Hobbit House" was born.




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HUD Newsroom

Basic Environmental Review Training
5/9/2012
HUD Region 8's 2012 edition of the annual, comprehensive, environmental review training course with be offered from June 20-22, 2012 live in Denver. Also via video-conference to the five HUD Region 8 Field Offices. Register online for Basic Environmental Review Training Event Date, June 20, 2012 - June 22, 2012. Details

Housing Choice Voucher (HCV) – Homeownership Option 10 Year Asset Exclusion
1/27/2012
January 27, 2012 HUD published Notice PIH 2012-2 (HA). The notice provides guidance on including the value of a home in net family assets starting in the eleventh year of homeownership under the HCV program. Details

Family Unification Program (FUP) Survey
1/27/2012
On January 27, 2012, HUD published an information collection notice in the Federal Register regarding its intent to conduct a survey for research on the role of FUP vouchers in providing housing for youth aging out of foster care. The comment due date is March 27, 2012. Details

Study of PHA Engagement with Homeless Households
1/25/2012
On January 25, 2012, HUD published a Federal Register notice regarding a study to explore and document how PHAs currently serve and interact with homeless households. The comment due date is February 24, 2012. Details

Family Unification Program (FUP) Application Forms
1/25/2012
On January 25, 2012, HUD published an information collection notice in the Federal Register regarding FUP application forms to be used as part of the HUD SuperNOFA process. The comment due date is February 24, 2012. Details

   
New York Times Real Estate

Square Feet: Westchester’s Cross County Shopping Center Gets a Makeover
5/16/2012
At a busy intersection, the 58-year-old Cross Country Shopping Center withstood the recent recession, but is now trying to lure more upscale businesses and customers.

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Developers Cease to Offer Condo Incentives
5/12/2012
A lack of inventory is largely responsible for a decline in incentives to buy into new developments in New York.

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Habitats: Habitats | The Fun Starts Here
5/16/2012
Eric Zimmerman and Nathalie Pozzi live in a colorful apartment that reflects her architectural background and his career as a game designer.

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Living Around | Madison Square Park: Madison Square Park/Living Around - A Square Comes Full Circle
5/11/2012
In this part of Manhattan, once-commercial buildings are being transformed as residential real estate enjoys a back-to-the-future moment.

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Square Feet: The Business of Retired Planes Attracts Investors
5/16/2012
Marana Aerospace Solutions in Arizona is one of a number of maintenance and repair operations where retired airliners are sent to be refurbished or broken up for scrap.

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Wall Street Journal Real Estate

On the (Old) Road to New York
This 18th-century estate in New York's Westchester County includes a centuries-old milestone used to direct stagecoach drivers and once had its own baseball team. Details

If Kids Can Play, Will Mom Shop?
In their bid to keep shoppers from deserting to the Internet, more malls are adding sprawling play spaces. Details

CBRE Taps New Vein From Old Deal
The real-estate company's top-of-the-market acquisition of Trammell Crow Co. has turned out to be the deal that keeps on giving, in the form of incoming CEO Robert Sulentic. Details

Florida's Next Frontier
A parcel of timberland in Florida that is nearly the size of Rhode Island and owned by a who's who of elites from the worlds of business and diplomacy is now slated to be the next frontier in the state's real-estate development. Details

Billings Slip Back
After five months of positive readings, the Architecture Billings Index slipped back into negative territory during April, an indication that demand for design services declined. Details

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