Home Laws & Taxes
SACRAMENTO, CA - February 23, 2009 - (RealEstateRama) — California homebuilders said the $10,000 tax credit for purchasers of new homes included in the new state budget will help jump-start the depressed industry, creating jobs and much-needed tax revenue for state and local governments.
February 12, 2009 - (RealEstateRama) — Sacramento—Attorney General Edmund G. Brown Jr. today issued a Consumer Alert to California homeowners about a “blatant and costly scam” targeting homeowners with declining property values.
Forecast Calls for Record-Low 63,400 Housing Starts; Association Urges Lawmakers to Take Quick Action on Stimulus Measures
WASHINGTON D.C. - October 20, 2008 - (RealEstateRama) — The Natural Resources Defense Council released a report last week applauding the Congressional passage of significant tax credit provisions introduced by U.S. Senators Olympia J. Snowe (R-Maine) and Dianne Feinstein (D-Calif.) within the Emergency Economic Stabilization Act of 2008 that will encourage energy efficient technology and construction.
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 at least the early 1950s, according to the annual midyear housing forecast released today by the California Building Industry Association
The statewide MLS approved by C.A.R. has been formed and held its first board meeting May 1. Called the California MLS (CALMLS), the entity adopted bylaws and MLS Rules, and approved a Request for Proposal from the MLS vendors for the computer system operating the statewide service.
A statewide proposition on the June ballot could hurt an estimated 120,000 Riverside and San Bernardino county residents living in mobile home parks, opponents of the measure say.
January 28, 2008, SANTA ANA, Calif. First American Natural Hazard Disclosures (FANHD), a member of The First American Corporation (NYSE:FAF) family of companies and a leader in the real estate disclosure report industry, announced today that it has launched the FANHD California Property Tax Disclosure Report, creating a cost-effective choice for real estate professionals and their clients.
WASHINGTON, January 4, 2008 - The Justice Department today announced that it has reached an agreement resolving a housing discrimination lawsuit against Gary Luke, Mary Ngo and Hoa Ngo concerning alleged discrimination on the basis of national origin. Under the consent decree filed today in federal court in Santa Ana, Calif., the defendants will pay $270,844 in monetary relief to the complainants and the United States.
Online real estate broker Redfin today announced that by the end of last year the company had refunded more than $10 million in commissions to home buyers. Since the launch of the home-buying service in February 2006, Redfin has helped more than 1,000 people buy a home, with an average refund of $10,106.
TARPON SPRINGS, Fla., Sept. 13 /PRNewswire/ -- Verdict One, developer of the first directory of board certified lawyers of all specialties, announced today the opening of its website to consumers as well as attorneys.
As the residential real estate market cooled and the commercial sector heated up, the total assessed value of property in Santa Clara County grew 8.25 percent last year, to a record $283.51 billion, county assessor Larry Stone said today.