WASHINGTON, D.C. – December 3, 2013 – (RealEstateRama) — A program that is helping more than 14,500 North Carolina homeowners keep their homes is available in our area through Johnston-Lee-Harnett Community Action, Inc. The Smithfield counseling agency has joined 40 counseling organizations statewide in offering the N.C. Foreclosure Prevention Fund, a mortgage assistance program offered through the N.C. Housing Finance Agency using funds from U.S. Treasury. more »
Outer Banks, NC – December 19, 2011 – (RealEstateRama) — For those interested in selling their Kill Devil Hills oceanfront home, right now is not a bad time to give it a try. Jumbo loans are available and there are plenty of people with down payment money and good credit who are looking to do something with their money. The conventional wisdom of investing in the stock market is starting to lose favor among a lot people with the stock market becoming too scary for a lot of people, especially after watching stock holdings evaporate overnight.
Homeowner Flood Insurance Affordability Act would protect NC coastal homeowners & businesses from sharp flood insurance rate increases
Washington, D.C. – December 2, 2013 – (RealEstateRama) — U.S. Senator Kay Hagan announced this week that she is co-sponsoring a bipartisan bill to delay steep flood insurance rate increases for North Carolina’s coastal communities. The Homeowner Flood Insurance Affordability Act of 2013 would block implementation of certain provisions in the Biggert-Waters Flood Insurance Reform Act until the Federal Emergency Management Agency (FEMA) completes a study on the affordability of new flood insurance rates and proposes solutions to avoid severe increases. If Congress does not act quickly, steep rate increases could put flood insurance out of reach for as many as 4 million homeowners and businesses across the country. more »
WASHINGTON, D.C. – November 26, 2013 – (RealEstateRama) — Congressman G. K. Butterfield (NC-01) will present a $400,000 check to the New Bern Housing Authority and the City of New Bern at a press conference on Tuesday, November 26, 2013 at 9:30 a.m. at the New Bern Housing Authority, 837 South Front Street. more »
Washington, D.C. – November 20, 2013 – (RealEstateRama) — Representative Mark Meadows (R-NC-11) released the following statement after introducing H.R. 3529, the Protecting Habitat Homeownership Act of 2013, with Representatives Shelley Moore Capito (R-WV-2), Patrick Murphy (D-FL-18) and G.K. Butterfield (D-NC-1). more »
Open Door Ministries of High Point was awarded a grant to purchase a van
Washington, DC – November 20, 2013 – (RealEstateRama) — U.S. Senator Kay Hagan announced today three federal transportation grants that will be used to aid homeless veterans in North Carolina. Three organizations in North Carolina were awarded grants to purchase a van to provide outreach to homeless veterans and to assist with transportation to medical appointments and employment opportunities. more »
Raleigh, NC – November 15, 2013 – (RealEstateRama) — North Carolina’s housing market remained relatively stable in the post-recession years of 2010-12 according to the American Community Survey (ACS) conducted by the U.S. Census Bureau.
The survey determined the median home value for North Carolina was $152,800, up from $151,800 during the recession period of 2007-2009. Dare County had the distinction of having the highest median home value of $291,800, yet it led all North Carolina counties in the largest decrease of value at $54,700. Robeson County had the lowest median home value at $68,500. more »
WASHINGTON, D.C. – November 8, 2013 – (RealEstateRama) — Last night, the United States Senate passed S. 287, the Helping Homeless Veterans Act of 2013 which contained several provisions cosponsored by Senator Richard Burr (R-NC), Ranking Member of the Senate Committee on Veterans’ Affairs. This important legislation will help the Department of Veterans Affairs (VA) meet its goal to eliminate veteran homelessness by 2015 and address barriers homeless veterans face accessing VA’s homeless programs and becoming permanently housed. more »
Raleigh, NC – November 8, 2013 – (RealEstateRama) — Governor Pat McCrory and First Lady Ann McCrory invite you to a Dog Adoption and Humane Awards event at the Executive Mansion on Saturday, November 16, 10:30 a.m. – 12:30 p.m. Pets are the heart of many North Carolina homes. An estimated 70 percent of households in North Carolina have at least one companion animal more »
RALEIGH – October 25, 2013 – (RealEstateRama) — North Carolina needs a 21st century approach to economic development that is focused on increasing household incomes and ensuring that all regions of the state are able to benefit from economic growth, according to a new report from the Budget & Tax Center, a project of the NC Justice Center. more »
*Establishes local development team with top talent
WASHINGTON, D.C. – October 22, 2013 – (RealEstateRama) — Fort Lauderdale, Fla. and Charlotte, NC – October 22, 2013 – Stiles, a full-service real estate company based in Fort Lauderdale, Fla., announced today the opening of a new office in Charlotte, NC along with its core team who is executing all development operations in the region. This is the company’s first office in the Carolinas and will help to facilitate its expansion plans in the Southeast. The Charlotte office operates as a hub for all business within North Carolina and surrounding states, and offers a range of commercial real estate development services for the office, residential, retail and mixed-use market segments. more »
Raleigh, NC – October 16, 2013 – (RealEstateRama) — The Office of Governor Pat McCrory announced the following appointments today:
North Carolina Coastal Resources Commission
Frank Gorham (New Hanover County) – Gorham fills the coastal property owner or experience in land development seat. He will serve as chairman of the Commission. Gorham is currently the owner of Sandstone Properties LLC. He earned a J.D. from the University of New Mexico School of Law. Gorham is active in numerous charities and public service. He will serve a two-year term. more »
WASHINGTON, D.C. – October 9, 2013 – (RealEstateRama) — The North Carolina Housing Finance Agency is pleased to announce the availability of funding for its Supportive Housing Development Program 2014 funding cycle.
The Supportive Housing Development Program helps nonprofits and local governments develop emergency, transitional, and permanent housing for persons who are homeless and/or have disabilities. The program provides interest-free loans up to $600,000 per development. more »
Program has already helped nearly 14,000 keep their homes
WASHINGTON, D.C. – October 1, 2013 – (RealEstateRama) — The successful N.C. Foreclosure Prevention Fund has been expanded to help veterans recently separated from service and military or civilian workers who are currently furloughed or facing an impending furlough. The state-designed foreclosure prevention program has already helped nearly14,000 workers who have lost their jobs save their homes. Funding is available to assist another 7,000. more »
WASHINGTON, D.C. – September 30, 2013 – (RealEstateRama) — U.S. Representative Mike McIntyre announced today $9,330,613 in federal funds to make improvements to six different multi-family housing units in Bladen County.
Congressman McIntyre stated, “Making sure that citizens and families have a nice place to call home is a priority, and these federal funds will make a difference in improving lives and communities. These are our taxpaying dollars coming home to make a difference, and this is a great day for Bladen County residents!” more »
Durham, NC – September 20, 2013 – (RealEstateRama) — Governor Pat McCrory and the Commerce Department’s Division of Workforce Solutions are participating in a Stand Down event in Durham today to help homeless veterans find employment and obtain needed medical, dental, and other services. more »