It’s Official: California Housing Production Reached New Low in 2009
January 26, 2010 Posted by CBIA
SACRAMENTO, CA - January 26, 2010 - (RealEstateRama) — California homebuilders put up the lowest number of homes for a single year in 2009, beating the previous low that was set in 2008, the California Building Industry Association announced today.
California Housing Affordability Continues to Decrease, CBIA Announces
November 24, 2009 Posted by CBIA
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
Housing Production Dips in July as Tax Credit Expires, CBIA Announces
August 25, 2009 Posted by CBIA
CBIA says state new-home tax credit extension needed to bolster construction.
SACRAMENTO, CA – California homebuilders pulled back on new-home production in July as homebuyers retreated from housing markets around the state following the discontinuation of the successful homebuyer tax credit early in the month, the California Building Industry Association announced today.
California Housing Affordability Inches Downward, CBIA Announces
August 19, 2009 Posted by CBIA
SACRAMENTO, CA - August 19, 2009 - (RealEstateRama) — Housing affordability inched downward throughout the state during the second quarter of 2009 as a result of incremental price increases and increased demand sparked by the state new-homebuyer tax credit, the California Building Industry Association said today.
Riverside County is Latest Jurisdiction to Reduce Development Fees
July 16, 2009 Posted by CBIA
Inland County Took Action to Incentivize Homebuilding and Create Jobs. July 16, 2009 - (RealEstateRama) — Riverside County became the latest California jurisdiction to reduce development impact fees charged to homebuilders, which the California Building Industry Association said is a growing trend that is paying off.
California New-Home Market Slowly Improving, CBIA Announces
July 10, 2009 Posted by CBIA
SACRAMENTO, CA - July 10, 2009 - (RealEstateRama) — The pace of home sales at California new-home communities in May was still below year-ago levels but continued to improve from preceding months, the California Building Industry Association reported today.
Santa Maria Is the Latest City to Reduce Development Fees
June 4, 2009 Posted by CBIA
June 4, 2009 - (RealEstateRama) — The city of Santa Maria this week became the latest California jurisdiction to reduce development impact fees it charges homebuilders, which the California Building Industry Association said is a growing trend that is paying off.
Statement regarding May 19 Special Election Results
May 20, 2009 Posted by CBIA
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
Thousand Oaks Cuts Key Development Fee to Zero
May 18, 2009 Posted by CBIA
Ventura County city suspends affordable housing fees for at least one year to encourage homebuilding . May 18, 2009 - (RealEstateRama) —The city of Thousand Oaks is the latest jurisdiction to reduce development fees in an effort to jump-start homebuilding and its local economy, which the California Building Industry Association noted is a move that is paying off for a growing number of communities around the state
Housing Production Continues Decline in February, CBIA Announces
March 25, 2009 Posted by CBIA
SACRAMENTO - March 25, 2009 - (RealEstateRama) — Housing production continued to decline in February, the California Building Industry Association announced today, but CBIA officials were optimistic as builders reported increased traffic at sales offices in recent weeks and cited the recently enacted state and federal tax credits as the primary cause
