Z57, Inc.(R) Announces Partnership with Homescape(R) Increasing Exposure to Client Listings by an Additional...

SAN DIEGO, Jan. 9 /PRNewswire/ -- Z57, Inc.(R), a leading provider of real estate Internet marketing services, announced today that it has partnered with property listings powerhouse Homescape(R) to increase the exposure of Z57's agent and broker listings.

FSBOs do better than agent listings in Wisconsin town

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.

Justice Department Settles Housing Discrimination Case with Orange County, California, Landlords

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.

Redfin Surpasses $10 Million in Commission Refunds

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.

Gadish Properties Finds Success in a Tumbling Real Estate Market

LOS ANGELES, Jan. 7 /PRNewswire/ -- Orit Gadish, in an interview with the Los Angeles Business Journal, discussed the success that Gadish Properties found in the foreclosure market.

California Coastal Communities, Inc. Delivers First Homes at Brightwater

IRVINE, Calif., Dec. 27 /PRNewswire-FirstCall/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced that it recently delivered the first nine homes at its 356-home Brightwater community. These nine homes generated cash proceeds of $11 million, or $1.2 million per home.

Hines Acquires Hawthorne Plaza in San Francisco

SAN FRANCISCO, CA - December 26, 2007 - Hines, the international real estate firm, announced today that in partnership with RREEF’s Real Estate Opportunity Fund (REOF), it has acquired Hawthorne Plaza in San Francisco’s South Financial District. The two-building office complex, located at 75 Hawthorne Street and 95 Hawthorne Street, was purchased from TMG Partners and Farallon Capital Management. The San Francisco office of Eastdil Secured represented TMG and Farallon Capital in the sale. Hines will assume property management and leasing responsibilities

Kennedy Wilson Auctions and Sells 31 New Homes In Oxnard in 90 Minutes

BEVERLY HILLS, Calif. (December 3, 2007) – Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted a special close out auction of 31 new homes in the gated community of Westwind in Oxnard, California on December 2, 2007.

Another Internet Expert Lands at Move, Inc.

LOS ANGELES, Dec. 19 /PRNewswire-FirstCall/ -- Move, Inc. (Nasdaq: MOVE), the leader in online real estate, continues to attract world class talent with the appointment of Gilbert FitzGerald as vice president of analytics. FitzGerald, who brings a 20-year track record of success to Move in evidence-based data analysis management and optimization of business outcomes and ecommerce, will lead site-wide analysis projects to further enhance the consumer and advertiser experience on the Move network of sites

Olson Homes’ Depot Walk is First Attached New-Home Community in California to Earn LEED(R)...

ORANGE, Calif., Dec. 17 /PRNewswire/ -- Olson Homes, a pioneer in sustainable building practices and a leader in California's move towards in-town, urban living since 1988, is the first attached, new-home community in California to earn LEED Certification from the US Green Building Council (USGBC) and attain a Silver rating. The model homes at Depot Walk feature green construction materials, eco-smart interiors and solar efficiencies.

California Foreclosure Report Notes Big Lender Discounts In November

ForeclosureRadar today issued today its California Foreclosure Report which showed a total of 12,282 properties with a loan value of $4.91 Billion dollars sold at auction in November. In addition to a review of foreclosure stats and county rankings, the California Foreclosure Report notes a significant rise in lender discounts at the foreclosure auctions. This is an important precedent not only for investors, but for Realtors working to get short sale and REO offers approved.

Comerica Bank Offers Two New Mortgage Programs to Rebuild Homes Damaged or Destroyed in...

SAN DIEGO, Dec. 12 /PRNewswire-FirstCall/ -- Comerica Bank today announced two new mortgage programs especially designed for California homeowners whose primary homes suffered wildfire damage.

HOLIDAY HOME TOUR EVENT RAISES BIG MONEY FOR SAN DIEGO’S STEP-UP PROGRAM

SAN DIEGO, CA, 12/12/2007 – Rex Downing & Associates, a leading real estate firm, and interior decorating firm, Fine Living, announce their donation to the Step-Up Program from the proceeds of the Kensington Holiday Home Tour, which they co-sponsored.

J.D. Power and Associates Reports: Despite Recent Turmoil in the Mortgage Market, Overall Satisfaction...

WESTLAKE VILLAGE, Calif.: 12 December 2007 — Although the housing market has been in turmoil for much of 2007, most borrowers have not been negatively impacted and overall satisfaction across the mortgage lending industry has remained stable since 2006, according to the J.D. Power and Associates 2007 Primary Mortgage Origination Study released today.

Hendricks & Partners Announces Sale of 406-Unit Apartment Community in Santa Ana, CA for...

SANTA ANA, Calif., Dec. 10 /PRNewswire/ -- Hendricks & Partners is pleased to announce the sale of the 406-unit Villas at Tustin Apartments, located on the west side of North Tustin Avenue (daily drive-by traffic count of 30,000 cars per day) in Central Orange County.

Grubb & Ellis Company Enters Into $75 Million Credit Facility

SANTA ANA, Calif., Dec. 10 /PRNewswire-FirstCall/ -- Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment management firm, today announced that it closed its $75 million senior secured revolving credit facility with Deutsche Bank Trust Company Americas.

BRE Properties Sets Dates for Fourth Quarter and Full-Year 2007 Earnings Release and Conference...

SAN FRANCISCO, Dec. 10 /PRNewswire-FirstCall/ -- BRE Properties, Inc. (NYSE: BRE) today announced the following schedule for its fourth quarter and full-year 2007 earnings release and conference call (please note new time for Conference Call)

Countrywide Wants to Help Dispel Home Buying Myths

Calabasas, CA – (December 6, 2007) — It's not hard to have questions about today's real estate market – especially if you're the one considering purchasing your first home or making a move. With all the recent news reports about mortgage lending options, refinancing and interest rates, there is plenty of information floating around. To help provide some clarity, Countrywide Home Loans offers some tips from its nearly 40 years of experience.

Countrywide Applauds Mortgage Freeze Plan

CALABASAS, Calif., Dec. 6 /PRNewswire/ -- Countrywide Financial Corporation (NYSE: CFC) applauds the Administration's endorsement of the industry's HOPE NOW initiative to provide loan modification assistance to borrowers at risk of delinquency due to interest rate resets.

Nehemiah Corporation of America Responds to President’s Foreclosure Relief Plan

SACRAMENTO, Calif., Dec. 6 /PRNewswire-USNewswire/ -- The following statement was issued today by Scott Syphax, President and CEO of Nehemiah Corporation of America in response to President Bush's foreclosure relief plan. Nehemiah Corporation of America is the largest and oldest private downpayment assistance provider.

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Real Estate Investor Sentenced to 30 Months in Prison for Rigging...

A real estate investor was sentenced today for his role in conspiracies to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced. Michael Marr was charged on Nov. 19, 2014, in an indictment returned by a federal grand jury in the Northern District of California.