California State Government and Public Real Estate News

LOS ANGELES, CA – September 27, 2012 – (RealEstateRama) — Attorney General Edmund G. Brown Jr. today directed Ally Financial, Inc., formerly known as GMAC, to prove immediately that it is complying with state law or, if it cannot, to cease and desist from foreclosing on California homes. CommunityBank- home lender in California and ALLRMC.COM more »

Sothebys

Bay Area continues to experience low inventory and strong price and sales growth

LOS ANGELES – November 19, 2014 – (RealEstateRama) — The lowest mortgage rates in 18 months failed to spark the California housing market in October as sales stayed flat and home prices increased at the slowest pace since early 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. more »

LOS ANGELES – November 6, 2014 – (RealEstateRama) — U.S. Department of Housing and Urban Development Secretary Julián Castro will be the keynote speaker for “The Real Estate Summit: Partnering for Change in California,” a day-long conference hosted by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and its partners from California’s top university-based real estate research centers. Held, Friday, Nov. 14, in Los Angeles, the invitation-only summit will examine the state’s biggest economic and real estate challenges, including infrastructure, foreign investment, consumer trends, housing finance, affordability, and the business environment. more »

LOS ANGELES – October 30, 2014 – (RealEstateRama) — California pending home sales rose higher in September to post the first increase in six months, reversing the sales drop usually observed between August and September. Meanwhile, equity home sales made up nine in 10 home sales for the fourth straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. more »

BETTER MEASUREMENTS NEEDED FOR HOME LOANS, MORTGAGE MODIFICATIONS, MULTI-FAMILY AFFORDABLE HOUSING, HELOCS FOR SMALL BUSINESS AND “ASIAN” CATEGORY

San Francisco CA – October 28, 2014 – (RealEstateRama) — Today, 41 California organizations join with the California Reinvestment Coalition (CRC) in calling on the Consumer Financial Protection Bureau (CFPB) to strengthen the Home Mortgage Disclosure Act (HMDA) through greater transparency. more »

LOS ANGELES – October 23, 2014 – (RealEstateRama) — California home sales remained steady in September, as home price gains eased back from an unusually high increase in August, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. more »

THOUSANDS OF FORECLOSURES HAVE DESTABALIZED CALIFORNIA COMMUNITIES

San Francisco – October 17, 2014 – (RealEstateRama) — As part of a five-day awareness campaign about the potential impacts of a new, Too Big To Fail bank merger, a nonprofit bank advocacy coalition raised questions today about OneWest’s track record of helping (or not helping) distressed homeowners. more »

BANK MERGER BREAKS NEW GROUND IN CORPORATE WELFARE

San Francisco – October 17, 2014 – (RealEstateRama) — As part of a five-day public awareness campaign, activists in California are asking bank regulators questions about possible impacts of a Too Big To Fail Bank merger that would combine CIT Group and OneWest Bank. more »

SACRAMENTO, – October 15, 2014 – (RealEstateRama) — The California Housing Finance Agency announced today that it will begin providing an additional $6,500 in down payment assistance through its CalPLUS Conventional program. The change is part of the Agency’s ongoing efforts to make home purchasing more accessible for first-time homebuyers. more »

WASHINGTON, D.C. – September 18, 2014 – (RealEstateRama) — Today, Congressman Jerry McNerney (CA-09) introduced the Fast Help For Homeowners Act, to help speed up the short sale process and aid homeowners who may otherwise be facing foreclosure. more »

LOS ANGELES – September 18, 2014 – (RealEstateRama) — California home sales pulled back in August, reversing two months of increases, as the median home price rose from the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. more »

WASHINGTON, D.C. – September 17, 2014 – (RealEstateRama) — Congressman Scott Peters (CA-52) continued his effort to convince Speaker John Boehner that the House of Representatives should not adjourn at the end of this week, as has been widely reported. Today, Rep. Peters called for the passage of H.R. 1975, the “Pregnant Workers Fairness Act,” which ensures that pregnant women are not forced out of their jobs or denied reasonable accommodations that would allow them to keep working and supporting their families. more »

WASHINGTON, D.C. – September 17, 2014 – (RealEstateRama) –More than $2.3 million in flood damage can be attributed to about 50 homes within Los Angeles County unincorporated areas, according to recent findings by LA County Public Works engineers. more »

WASHINGTON, D.C. – September 5, 2014 – (RealEstateRama) — California’s private building activity is measured by building permits issued and building permit valuation totals.

 

July 2014

June 2014

July 2013

% Change From

June

2014

July

2013

Housing Permits

    Single-Family Units

3,366

4,511

3,159

-25%

6%

    Multi-Family Units

3,585

3,308

3,688

8%

-3%

Total Units

6,951

7,819

6,487

-11%

2%

Dollar Volume

    Residential

    (New + Alterations)

$ 2,166,134,110

$ 2,306,813,449

$ 1,850,886,526

-6%

17%

    Nonresidential

    (New + Alterations)

$ 2,221,867,742

$ 1,846,159,110

$ 1,609,965,659

20%

38%

To order the full California Construction Review report or for information on other CHF|CIRB products and services, please contact CHF|CIRB at (916) 340-3309. Visit the CHF|CIRB website http://www.mychf.org/go/cirb/.

Data requests may be emailed to CHF-CIRB (at) mychf (dot) org. For information on all CHF|CIRB products and services, or for placing an order, please refer to our website at http://www.mychf.org/go/cirb/ or call us at (916) 340-3340.

 

About the California Homebuilding Foundation
Founded in 1978, the California Homebuilding Foundation (CHF) invests in the future of the homebuilding industry through endowments that provide college and graduate school scholarships and fund research on key public policy issues; compiles and publishes timely construction and new home statistics; provides training seminars; and supports high school courses to encourage young people to choose careers in the industry. The Foundation is the presenter of California’s top industry award, the Hall of Fame, which recognizes industry leaders and offers their career examples as an inspiration to others.

CHF|CIRB Report is funded in-part through grants provided by: The Davidson Family Foundation, Steve and Lynne Doyle Family Foundation, The Harry C. & Deborah L. Elliott Family Foundation, Dennis and Gloria O’Brien Foundation, North State Building Industry Foundation.

Media Contact:
Megan MacNee

(916) 340-3352
mmacnee (at) cbia (dot) org

If Megan cannot be reached contact
Frank de Lima at
(916) 340-3338.

LOS ANGELES – August 29, 2014 – (RealEstateRama) — Despite ultra-low interest rates, California’s real estate market continued to underperform in July, with pending home sales posting lower for the fourth straight month.  At the same time, equity home sales improved further, as both short sales and REO sales continued to decline, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. more »

CHANDLER, AZ – August 28, 2014 – (RealEstateRama) — A 69,429 SF fl ex manufacturing facility and an adjacent 2.97 AC parcel at 1800 S. Price Rd. in Chandler has been sold for $12,650,000. The building is fully-leased to Iridium Communications with an estimated 10 years remaining on their lease. more »

 
Government and Public Real Estate News by State
Real Estate News by Alabama
Real Estate News by Colorado
Real Estate News by Georgia
Real Estate News by Iowa
Real Estate News by Maryland
Real Estate News by Missouri
Real Estate News by New Jersey
Real Estate News by Ohio
Real Estate News by South Carolina
Real Estate News by Vermont
Real Estate News by Alaska
Real Estate News by Connecticut
Real Estate News by Hawaii
Real Estate News by Kansas
Real Estate News by Massachusetts
Real Estate News by Montana
Real Estate News by New Mexico
Real Estate News by Oklahoma
Real Estate News by South Dakota
Real Estate News by Virginia
Real Estate News by Arizona
Real Estate News by Delaware
Real Estate News by Idaho
Real Estate News by Kentucky
Real Estate News by Michigan
Real Estate News by Nebraska
Real Estate News by New York
Real Estate News by Oregon
Real Estate News by Tennessee
Real Estate News by Washington
Real Estate News by Arkansas
Real Estate News by DC
Real Estate News by Illinois
Real Estate News by Louisiana
Real Estate News by Minnesota
Real Estate News by Nevada
Real Estate News by North Carolina
Real Estate News by Pennsylvania
Real Estate News by Texas
Real Estate News by West Virginia
Real Estate News by California
Real Estate News by Florida
Real Estate News by Indiana
Real Estate News by Maine
Real Estate News by Mississippi
Real Estate News by New Hampshire
Real Estate News by North Dakota
Real Estate News by Rhode Island
Real Estate News by Utah
Real Estate News by Wisconsin
Real Estate News by Wyoming