Monthly Archives: July 2008

This morning, President Bush signed into law H.R. 3221, the Foreclosure Prevention Act 2008. The housing rescue plan, which was mired in Congress for the past few months undergoing countless amendment changes, was put on the fast track after concerns about Fannie Mae and Freddie Mac ability to raise capital spread. Treasury Secretary Paulson (pictured [...]

We saw a great public service announcement yesterday from the Apartment Marketing Blog for Los Angeles apartments. Apparently the city of Los Angeles will provide free resources to apartments for rent with 5 or more units. The Department of Public Works in LA will provide free recycling services once a week, free blue bins for [...]

This morning we reported that the Senate had passed H.R. 3221, sending the housing rescue plan to the White House, which is expected to sign the bill into law in short order. Below, we will dig a little deeper into some of the provisions we highlighted. In order for the housing crisis to bottom out, [...]

The Senate, working on a Saturday to finish business before their month long August recess, passed the newly expanded H.R. 3221 by a 72-13 vote. The bill passed the House this past Wednesday and since no new amendments were added, will head directly to the president, who is expected to sign the bill quickly. The [...]

We interrupt the blog presentation of Tim’s Last Day to bring you this breaking news from Capitol Hill: We have been following the federal housing rescue plan, The Foreclosure Prevention Act 2008, H.R. 3221 for some time now, as it has undergone myriad amendment changes, balanced political posturing and eluded veto threats. Surprisingly, it seems [...]

Today is a sad day for MyNewPlace. Tim Riedel, Product Manager extraordinaire, will be leaving us to attend business school in Boston. Since Tim is kind of a big deal around here, we are going to live blog his last day. 9:00 AM -Tim enters office, proudly wearing his ‘I have totally checked out of [...]

We wanted to share this article as a cautionary tale for apartment dwellers. Apparently, a New Jersey man somehow blew up his apartment spraying for bugs. Isias Vidal Maceda was miraculously unhurt after the bug spray he was using blew out the windows in his apartment and started a rapid fire. We hope that although [...]

This morning, we were happy to see that an interview with our founder and CEO, John Helm, was featured at Inman News; John will be speaking this week at the Real Estate Connect San Francisco 2008. He will be on the panel for the discussion about Super Size Search on Thursday morning. We are all [...]

We saw a very interesting article over at the Sellsius Real Estate Blog that detailed some statistics on the effectiveness of including photos with real estate listings. The study, done by Point 2 Technologies, show that, not surprisingly, the amount of photos and the number of views, interest and leads are directly related. What is [...]

Getting to the bottom of headlines and statistics can sometime prove to be quite the laborious endeavor. For instance, in this morning’s Drudge Report, one of the headlines placed at the top of the page was “Housing Starts Unexpectedly Jump…”; the use of the ellipsis should prompt the reader “to do some further research.” The [...]