Arizona RealEstateRama

Legislation to Extend, Expand Homebuyer Tax Credit Headed to President's Desk WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- The House voted overwhelmingly today for a measure backed by U.S. Rep. Harry Mitchell to extend the homebuyer tax credit beyond its current November 30 expiration date and broaden eligibility for the tax break. The measure passed the House with a bipartisan vote of 403-12 after passing the Senate 98-0. It now moves to the White House for the President's signature, which is expected this week.

Phoenix, AZ - November 2, 2009 - (RealEstateRama) -- The Land Advisors Organization presents an interactive discussion of Metro Phoenix's housing and land conditions affecting real estate development now and in the future. Experts from the homebuilding, brokerage, financial and research industries will share the most up-to-date data, analysis and industry insight, providing a better understanding of where we are headed as the industry anticipates recovery through future real estate cycles.

Phoenix, AZ - October 19, 2009 - (RealEstateRama) -- McCarty on Monroe today officially opened its doors to seniors age 62 and older. The new, modern, 69-unit apartment complex is on the property where Phoenix real estate broker Leon McCarty originally built quality and affordable housing for low-income families, particularly families of color, in 1963.

PHOENIX, AR - October 13, 2009 - (RealEstateRama) -- McCoy’s Building Supply was recognized by Home Channel News (HCN) magazine as the 2009 Pro Dealer of the Year during their annual Pro Dealer Industry Summit, held October 7 to 9 in Phoenix, Arizona.From HCN’s listing of the top 500 building supply pro dealers in the nation, McCoy’s was the largest retailer to show an increase in sales during 2008, despite the current economic recession and upset in the U.S. housing market

October 8, 2009 - (RealEstateRama) -- Learn about fair housing practices and laws at a free three-hour workshop from 9 a.m. to noon Thursday, Oct. 15, at the city of Phoenix, Calvin C. Goode Municipal Building, 251 W. Washington St., 7th Floor.

WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- U.S. Reps. Harry Mitchell and Ken Calvert (R-CA) are inviting their colleagues in the House to join them in support of the bipartisan Homebuyer Tax Credit Act, H.R. 1245, to extend and expand the Homebuyer Tax Credit.

Amid Foreclosure Crisis, Local Prosecutors Lack the Resources, Manpower to Fight New Wave of Mortgage Scams New National Legislation Would Empower DOJ To Award Competitive Grants To States and Localities Seeking to Establish ‘Real Estate Fraud Units’

September 28, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development awarded Phoenix $3.4 million in competitive American Recovery and Reinvestment (ARRA) grants that will allow the city of Phoenix Housing Department to make public housing units more energy efficient. The $3,408,000 “stimulus” grant will green-retrofit the 374 Marcos de Niza units at 305 W. Pima St.

Washington, D.C. - September 23, 2009 - (RealEstateRama) -- Congressman Raúl M. Grijalva is pleased to announce that several communities in Congressional District 7 have been awarded grants from the U.S. Department of Housing and Urban Development (HUD) for public housing under the American Reinvestment and Recovery Act (ARRA)

September 23, 2009 - (RealEstateRama) -- Potential homebuyers may qualify for $15,000 in down payment and closing cost assistance to help buy a foreclosed single family home, townhouse or condominium in the city of Phoenix

Washington, D.C. - September 17, 2009 - (RealEstateRama) -- Arizona Attorney General Terry Goddard met this morning with Treasury Secretary Tim Geithner, U.S. Attorney General Eric Holder, other senior Obama Administration officials and 11 other state Attorneys General to coordinate proactive strategies and strengthen efforts to fight consumer fraud in the housing markets

WASHINGTON, D.C. - September 17, 2009 - (RealEstateRama) -- Rep. Ann Kirkpatrick is continuing her efforts on behalf of Native Americans who have served in our military, introducing the Indian Veterans Housing Opportunity Act of 2009 last Thursday. H.R. 3553 would correct an oversight in the Native American Housing Assistance and Self-Determination Act (NAHASDA) that has caused disabled Veterans, their families and their survivors to be denied help because they are receiving Veterans’ and survivor benefits.

September 11, 2009 - (RealEstateRama) -- USAA Real Estate Company, in development partnership with Seefried Industrial Properties, Inc., announced the acquisition of 46.12 acres of land in Tolleson, Arizona for the build-to-suit development of a 465,600-square-foot regional distribution center. Home improvement specialty retailer Home Depot, Inc. signed a 20-year lease to occupy the space upon completion. The transaction price has not been disclosed.

PHOENIX, AZ - September 9, 2009 - (RealEstateRama) -- Mario Bernadel, 51, of Phoenix, was convicted yesterday on 19 counts of Conspiracy to Commit Mail, Wire, and Bank Fraud; Mail Fraud; Wire Fraud; Bank Fraud, and Transactional Money Laundering as a result of his involvement in a cash back mortgage fraud scheme. Sentencing is set before U.S. District Judge Stephen M. McNamee on November 30, 2009.

September 3, 2009 - (RealEstateRama) -- Learn about fair housing practices and laws at a free three-hour workshop from 9 a.m. to noon Monday, Sept. 14, at the city of Phoenix, Calvin C. Goode Municipal Building, 251 W. Washington St., 7th Floor

September 3, 2009 - (RealEstateRama) -- Abla Zumot Najjar was recognized today as the first Phoenix homebuyer to purchase a foreclosed single family home through the city of Phoenix Neighborhood Stabilization Program (NSP) Homeownership Assistance. She used a $15,000 loan from the program for down payment and closing cost assistance.

August 25, 2009 - (RealEstateRama) -- The Phoenix Public Transit Department announced it was awarded $88.8 million in American Recovery & Reinvestment Act (ARRA) funds for projects in the Phoenix/Mesa urbanized area. The portion of these funds dedicated to city of Phoenix projects totals more than $29.1 million in improvements to its transit system and infrastructure, including $3.9 million for METRO light rail improvements in Phoenix. Also, as the region’s federal grant recipient for the Phoenix/Mesa urbanized area, the city of Phoenix was awarded additional funds to disburse to grant sub-recipients.

PHOENIX, AZ - August 19, 2009 - (RealEstateRama) -- Jake David Abegg Whitman, 33, of Mesa, Ariz., pleaded guilty on August 18, 2009, to one count of Conspiracy to Commit Bank Fraud and seven counts of Bank Fraud.

August 18, 2009 - (RealEstateRama) -- Phoenix Mayor Phil Gordon will celebrate the first Phoenix home renovated under the American Recovery and Reinvestment Act’s “Weatherization Program” 10 a.m. Wednesday, Aug. 19, at the home of Arthur and Rosa Lovato, 1711 W. Mitchell Dr. The city of Phoenix received 7.2 million federal dollars to fund this program, administered by the city’s Neighborhood Services Department

Phoenix, AZ - August 17, 2009 - (RealEstateRama) -- Attorney General Terry Goddard today announced that he has filed a lawsuit and obtained a temporary restraining order to stop the perpetrators of an alleged fraud that claimed a homeowner’s property qualified for a “property tax reduction review.” The official-looking advertisement appeared to be an attempt to scam homeowners who were looking to reduce their property tax bill.