Press Releases

C.A.R. selected as Ambassador Association to Australia

LOS ANGELES, CA - March 3, 2010 - (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently was selected to serve as the Ambassador Association to the Real Estate Institute of Australia (REIA), the Association’s counterpart in Australia, through the NATIONAL ASSOCIATION OF REALTORS®’ (NAR) International Ambassador Association Program.

Clear Capital APPOINTS Mike ousley to lead appraisal Team

30-Year Industry Veteran Brings Extensive Real Estate Assessment Expertise to Top Appraisal Post. Truckee, CA - December 22, 2009 - (RealEstateRama) — Clear Capital, a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, today announced the appointment of Mike Ousley as the company’s Executive Vice President, Appraisal Group, reporting to Duane Andrews, Clear Capital CEO, and Kevin Marshall, Clear Capital President.

California Housing Starts Continue Decline in October, CBIA Announces

SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) — Construction of new homes in California continued to decline in October, prompting California homebuilders to call on state lawmakers to reexamine the benefits of the state new-home buyer tax credit enacted earlier this year in hopes of getting similar legislation passed to stimulate the housing sector and the economy, the California Building Industry Association announced today.

California Housing Affordability Continues to Decrease, CBIA Announces

California still home to half of the top 20 least affordable markets. SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) — Housing affordability continued to creep downward throughout the state during the third quarter of 2009 as a result of incremental price increases due to increased demand for homes, the California Building Industry Association said today

MAYOR VILLARAIGOSA APPOINTS DOUGLAS GUTHRIE AS NEW GENERAL MANAGER OF THE LOS ANGELES HOUSING DEPARTMENT

LOS ANGELES, CA - November 23, 2009 - (RealEstateRama) — Mayor Antonio Villaraigosa today announced the appointment of Douglas Guthrie as the new General Manager of the Los Angeles Housing Department (LAHD). Mr. Guthrie brings with him a wealth of experience in community development, housing affordability and urban policy.

Federal Home Loan Bank of San Francisco Announces 2009 Director Election Results

November 17, 2009 - (RealEstateRama) — The Bank today announced the results of the 2009 election for two nonmember independent director positions and two California member director positions on its Board of Directors.

California New-Home Sales Down Again in September, CBIA Announces

SACRAMENTO, CA - November 13, 2009 - (RealEstateRama) — New-home sales in California continued to remain below levels seen a year ago, but the year-over-year declines have continued to shrink, the California Building Industry Association reported today

September sales and price report

LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) — Home sales increased 2.1 percent in September in California compared with the same period a year ago, while the median price of an existing home declined 7.3 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Pulte Homes Violated State Law in Manipulating Home Sales Prices, Lawsuit Claims

San Francisco, CA - October 27, 2009 - (RealEstateRama) — A California homeowner filed a class-action lawsuit against Pulte Homes Corporation (NYSE: PHM) claiming the company engaged in a sophisticated and integrated fraudulent scheme to artificially prop up sales and home sale prices through convoluted control of the home sale process.

New-Home Construction Dips in September, CBIA Announces

SACRAMENTO, CA - October 26, 2009 - (RealEstateRama) — New-home construction dipped again in September leading California homebuilders to strengthen the call for the Legislature to extend the successful homebuyer tax credit, the California Building Industry Association announced today

C.A.R. calls for extension of federal tax credit

C.A.R. calls for swift adoption of Dodd-Lieberman-Isakson amendment to extend home buyer tax credit. LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today called for the U.S. Senate to swiftly adopt the Dodd-Lieberman-Isakson amendment, which would extend and amplify the hugely successful first-time home buyer tax credit until June 30, 2010.

40 Mortgage Counseling Agencies Receive Aid, Hire More Counselors

SAN FRANCISCO, CA - October 22, 2009 - (RealEstateRama) — Mortgage counseling agencies will receive $2.6 million to hire more counselors over the next two years, and help the hundreds of thousands of California homeowners facing interest rate resets and the threat of foreclosure. The California Reinvestment Coalition (CRC), along with financial institutions and two foundations, today announced grant awards to 40 nonprofit mortgage counseling agencies through the California Home Ownership Preservation Initiative to help them better respond to the overflow of clients their offices are serving

First American CoreLogic Announces Free ePropertyWatch Monitoring Service for Real Estate and Mortgage Professionals

SANTA ANA, CA - October 13, 2009 - (RealEstateRama) — First American CoreLogic, a member of The First American Corporation (NYSE: FAF) family of companies and America’s largest provider of advanced property and ownership information, analytics and services, today introduced its free patent-pending ePropertyWatch Professional service, which is designed to help real estate and mortgage industry professionals stay in touch with customers and drive repeat business and referrals.

First American CoreLogic Announces Mortgage Industry’s Largest National Fraud Data Repository

SANTA ANA, CA - October 13, 2009 - (RealEstateRama) — First American CoreLogic, a member of The First American Corporation (NYSE: FAF) family of companies and America’s largest provider of advanced property and ownership information, analytics and services, today announced that it has built the mortgage industry’s most comprehensive national fraud data repository to help clients combat all types of mortgage fraud and to further enhance the predictive performance of its anti-fraud solutions.

MERIT Promotes Joe Price to Northern California Vice President of Community Management

Sacramento, CA - October 12, 2009 - (RealEstateRama) — MERIT, a leading provider of professional community association and rental management services, promoted Joe Price to Northern California Vice President of Community Management. Price will be responsible for leading the Northern California division while positioning for growth in the East Bay, Central Valley, Stockton and San Francisco markets.