Development

California Again Sees Decrease in Housing Production in August, CBIA Announces

CIRB Revises Forecast Downward to 70,000 Units
SACRAMENTO, CA - September 29, 2008 - (RealEstateRama) — California homebuilders continued to cut back on new-home production in August while trying to sell off existing inventory in a housing market that’s still adjusting, leading analysts to further reduce homebuilding projections, the California Building Industry Association reported today.

Gov. Schwarzenegger Continues Commitment to Expand Charter Schools in California

September 26, 2008 - (RealEstateRama) — Governor Arnold Schwarzenegger today announced he has signed SB 658 by Senator Gloria Romero (D-Los Angeles) and AB 2033 by Speaker Emeritus Fabian Núñez (D-Los Angeles), which will expand opportunities for charter schools to open in California.

CALIFORNIA ADOPTS GROUNDBREAKING LONG TERM ENERGY EFFICIENCY STRATEGIC PLAN AS ROADMAP TO ACHIEVE MAXIMUM SAVINGS

SAN FRANCISCO, CA - September 25, 2008 - (RealEstateRama) —The California Public Utilities Commission (CPUC) today adopted California’s first Long Term Energy Efficiency Strategic Plan, presenting a single roadmap to achieve maximum energy savings across all major groups and sectors in California.

California New Home Market Stays Cold in Summer Heat, CBIA Announces

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.

CBIA Thanks Governor for Quickly Signing Another Crucial Industry Recovery Bill

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.

CBIA Applauds State’s First-in-Nation Green Building Codes

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.

HUD TO HOST NEIGHBORHOOD NETWORKS WORKSHOP IN SAN FRANCISCO

“Theme of the workshop is “Providing Resources, Producing Results”
WASHINGTON – The U.S. Department of Housing and Urban Development will host a workshop at the JW Marriott in San Francisco July 9–11 to help expand computer access to lower income residents living in government-insured and assisted housing developments.

CBIA Sharply Reduces 2008 Housing Forecast

Production Likely to Be Lowest on Record; Homebuilders Call on Lawmakers to Take Quick Action
SAN FRANCISCO – California homebuilders are expected to begin construction on just 72,000 homes, condominiums and apartments this year, significantly lower than earlier forecasts. If that level is correct it will be the lowest production in the Golden State since […]

New-Home Production Remains Weak in April, CBIA Announces

Projected new-home starts for 2008 would be lowest yearly total on record
SACRAMENTO — California new-home production in April continued to lag behind last year’s production levels, increasing chances that new-home production would fall to the lowest level in recorded history, the California Building Industry Association reported today.

California New Home Market Close to the Bottom, CBIA Announces

As pace of decline slows, CBIA calls for more stimulus legislation to facilitate quick and seamless recovery
May 15, 2008. SACRAMENTO – While the pace of sales at California new-home communities continued to remain slow in March, year-over-year sales declines are steadily shrinking, adding to mounting evidence that the bottom of the current housing cycle […]