Author Archive
Secretary Preston and Governor Schwarzenegger announce $105 million for affordable housing and community development in California
August 19, 2008 Posted by California Real Estate
WASHINGTON - August 19, 2008 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Steve Preston and California Governor Arnold Schwarzenegger today announced that the California State Program will receive more than $105 million to support community development and produce more affordable housing in the GoldenState.
California New Home Market Stays Cold in Summer Heat, CBIA Announces
August 18, 2008 Posted by California Real Estate
SACRAMENTO - August 18, 2008 - (RealEstateRama) — The pace of sales at California new-home communities remained sluggish in June, following a resumed trend of deterioration in year-over-year sales declines that began in May, the California Building Industry Association reported today.
Kennedy Wilson Multifamily Returns to its Southern California Roots in Joint Venture with PCCP, LLC
August 15, 2008 Posted by California Real Estate
Partnership Acquires Townhome Rental Community in Montclair
MONTCLAIR, CA - August 15, 2008 - (RealEstateRama) — Seeing opportunity where others in the real estate industry only see challenges, Kennedy Wilson Multifamily Management Group (KW Multifamily), a Beverly Hills, CA-based apartment investor, and its partner PCCP, LLC (PCCP), an integrated real estate finance and investment management firm, have acquired […]
CA Attorney General Urged to Seek Injunction Halting Foreclosure on Deceptive Countrywide Mortgages
August 12, 2008 Posted by California Real Estate
CA - August 12, 2008 - (RealEstateRama) — The California Reinvestment Coalition and the Greenlining Institute August 6 sent an urgent letter to California Attorney General Jerry Brown urging him to take immediate action against Countrywide Financial/Bank of America.
HUD settles lawsuit with California hazard reporting company and real estate brokerage
August 11, 2008 Posted by California Real Estate
HUD also wins ruling giving it authority to recover illegal profitsWASHINGTON, D.C. - August 11, 2008 - (RealEstateRama) —
The U.S. Department of Housing and Urban Development today announced that it has settled its federal lawsuit under the Real Estate Settlement Procedures Act (RESPA) against Property I.D. Corporation, a large hazard reporting company in California, Realogy […]
CBIA Thanks Governor for Quickly Signing Another Crucial Industry Recovery Bill
August 7, 2008 Posted by California Real Estate
SACRAMENTO - August 7, 2008 - (RealEstateRama) — California homebuilders today thanked Gov. Arnold Schwarzenegger and the Legislature for enacting the last piece of CBIA’s three-part homebuilding stimulus package launched in January to help provide some relief to the battered homebuilding industry.
Community Celebrates Restoration of Historical Home for Homeless
August 4, 2008 Posted by California Real Estate
IRVINE, Calif. - August 4, 2008 - (RealEstateRama) — Catholic Worker Isaiah House, a turn of the century Victorian house that nightly provides refuge for the homeless most at risk on the street – families, senior adults and the disabled - was the site of a dedication ceremony hosted by HomeAid Orange County.
C.A.R. reports sales increased 17.5 percent; median home price fell 37.7 percent in June
July 29, 2008 Posted by California Real Estate
LOS ANGELES, July 29, 2008 (RealEstateRama) – Home sales increased 17.5 percent in June in California compared with the same period a year ago, while the median price of an existing home fell 37.7 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
CBIA Applauds State’s First-in-Nation Green Building Codes
July 24, 2008 Posted by California Real Estate
Homebuilders say standards will help the environment and protect housing affordability
SACRAMENTO - The California Building Industry Association today said the state’s adoption of new mandatory green building standards will help ensure that California remains at the cutting edge of the green building movement while keeping new homes as affordable as possible.
Insurance Commissioner Poizner Announces $50 Million Rate Cut For Northern California AAA Homeowners Insurance Policyholders
July 21, 2008 Posted by California Real Estate
Rate Cut to Save Bay Area Homeowners More Than $28 Million
SAN FRANCISCO - Insurance Commissioner Steve Poizner today announced a 10.6% rate cut for California homeowners, a total savings of $50 million for California State Automobile Association Inter-Insurance Bureau (CSAA-IIB, or AAA of Northern California) customers, including more than $28 million in savings for Bay […]
