Press Releases
Laws & Taxes

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.

Single-Family Home Construction Up Again in April, CBIA Announces

Homebuilders hope for a second round of the homebuyer tax credit. SACRAMENTO, CA - May 26, 2009 - (RealEstateRama) — Single-family home construction in California showed a significant increase in April when compared to March and was the largest monthly total since October of 2008, which the California Building Industry Association said provided more evidence that the homebuyer tax credit enacted in the beginning of March is helping to clear out inventory and generate new-home construction.

Statement regarding May 19 Special Election Results

May 20, 2009 - (RealEstateRama) — Robert Rivinius, President and CEO of the California Building Industry Association (CBIA), made the following statement on the results of the decision of California voters to reject the budget reforms and tax increases contained in Propositions 1A through 1E

Congress Passes Housing Bill with Boxer Measures to Protect Taxpayers, Homeowners

Washington, DC - May 20, 2009 - (RealEstateRama) — Today, the House and Senate gave final approval to a broad housing bill that would help homeowners refinance to stay in their homes, increase funding for foreclosure prevention efforts and establish new protections for renters who face eviction because they are living in foreclosed properties.

Brown Sues to Block Property Tax Rip-Off

May 13, 2009 - (RealEstateRama) — San Diego-Continuing his fight to stop scams against homeowners, Attorney General Edmund G. Brown Jr. today filed suit against two brothers who “ripped off homeowners” seeking help in reducing their property tax assessments.

Brown and 14 States Urge Obama Administration to Allow California to Enforce its Greenhouse Gas Emissions Law

SACRAMENTO, CA - April 09, 2009 - (RealEstateRama) — Attorney General Edmund G. Brown Jr. and 14 other states yesterday urged the Obama Administration to overturn the Bush EPA’s “shameful denial” of California’s request to enforce its automobile greenhouse gas emissions law.

You too, Magic? Jackson Hewitt partnership puts Earvin “Magic” Johnson in a league with financial predators

March 20, 2009 - (RealEstateRama) — The California Reinvestment Coalition, Woodstock Institute, Neighborhood Economic Development Advocacy Project and the Community Reinvestment Association of North Carolina are calling on Earvin “Magic” Johnson to stop promoting predatory tax refund anticipation loans this tax season as part of his partnership with Jackson Hewitt, the franchise tax preparer notorious for preying on low-income people.

California New Home Market Continued at a Crawl in January, CBIA Announces

Association says recent sales spurred by homebuyer tax credits may cause January to be bottom of cycle

Pelosi: With This Housing Bill, We Can Protect the American Dream and Preserve It for America’s Families

Washington, D.C. - March 10, 2009 - (RealEstateRama) — Speaker Nancy Pelosi released the following statement on the House’s passage of HR 1106, the Helping Families Save Their Homes Act, by a vote of 234 to 191

Brown Urges Obama Administration to Allow California to Enforce Tough Greenhouse Gas Emissions Law

SACRAMENTO, CA - March 06, 2009 - (RealEstateRama) — Attorney General Edmund G. Brown Jr. today urged the Obama Administration to overturn the Bush EPA’s “illegal and shortsighted” denial of California’s request to carry out its state law requiring a 30% reduction in tailpipe greenhouse gas emissions.

Homebuilders Hail Passage of Homebuyer Tax Credit

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.

Attorney General Brown: Homeowners Should be on High Alert for Property Tax Scams

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.

California Homebuilding Depression Expected to Deepen in 2009, CBIA Announces

Forecast Calls for Record-Low 63,400 Housing Starts; Association Urges Lawmakers to Take Quick Action on Stimulus Measures

Snowe, Feinstein Tax Credit to Improve Energy Efficiency, Save Money and Reduce Pollution

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.