Sunday, May 31, 2009

Forbes Ranks Portland, 7th of America's Fittest Cities

Health Lists & Rankings
America's Fittest Cities
Rebecca Ruiz, 05.26.09
A new report looks at 30 different measures to determine which cities' residents are healthiest.


In Depth: America's Fittest Cities When it comes to healthy living, Washington, D.C., is seldom mentioned in the same breath as cities like San Francisco, Portland, Ore., and Seattle, all of which are known for their active, health-conscious residents.

But according to a new report, the city of pomp and politics is the healthiest in the nation. In the second annual American Fitness Index (AFI), a publication released by the American College of Sports Medicine, Washington, D.C., edged out Minneapolis-St. Paul, Minn., Denver, Boston and San Francisco.

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Thursday, May 14, 2009

HUD Secretary Announces Monetization of Tax Credit at NAR Real Estate Summit

WASHINGTON, May 12, 2009

Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the

Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment.

Donovan’s remarks came in an address to several thousand Realtors® gathered this morning at The Real Estate Summit: Advancing the U.S. Economy, a special daylong session at the Realtors® Midyear Legislative Meetings & Trade Expo here.

Secretary Donovan said that important changes, which the National Association of Realtors® has been calling for, will help consumers purchase a home. “We all want to enable FHA consumers to access the home buyer tax credit funds when they close on their home loans so that the cash can be used as a downpayment,” Donovan said. According to Donovan, the FHA’s approved lenders will be permitted to “monetize” the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing table.


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http://tiny.cc/nJ6wP