Congresswoman Matsui Announces Release of $1 Million for Sacramento Housing
October 2, 2009 Posted by California RealEstateRama
Money will Help Local Organization Disburse Home Loans to Low-Income Sacramentans. WASHINGTON, DC - October 2, 2009 - (RealEstateRama) — Congresswoman Doris O. Matsui (D-CA) announced today that the U.S. Treasury Department has released $1,000,000 to Sacramento Neighborhood Housing Services, Inc. (SNHS). SNHS is a loan fund that provides gap funding and comprehensive home ownership and foreclosure prevention counseling for local low-income individuals and families. Their work has helped countless families achieve the dream of home ownership, and many more stay in their homes despite the recent economic downturn.
Single-Family Home Construction Up Again in April, CBIA Announces
May 26, 2009 Posted by CBIA
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.
Brown and 14 States Urge Obama Administration to Allow California to Enforce its Greenhouse Gas Emissions Law
April 9, 2009 Posted by California RealEstateRama
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.
U.S. FORECLOSURE INDEX: Foreclosures Surge in February to Reach Highest Monthly Level of the Foreclosure Crisis
March 17, 2009 Posted by California RealEstateRama
SACRAMENTO, CA - March 17, 2009 - (RealEstateRama) — Completed foreclosures in February reached the highest monthly total since the foreclosure crisis began, soaring by more than 67 percent over January’s reduced foreclosures, according to the latest U.S. Foreclosure Index released today by ForeclosureS.com, a leading real estate information provider.
California New Home Market Continued at a Crawl in January, CBIA Announces
March 13, 2009 Posted by CBIA
Association says recent sales spurred by homebuyer tax credits may cause January to be bottom of cycle
California New-Home Market Ends 2008 with a Whimper, CBIA Announces
February 18, 2009 Posted by CBIA
SACRAMENTO, CA - February 18, 2009 - (RealEstateRama) — The pace of home sales at California new-home communities continued to slow in December following deteriorating credit conditions in the closing months of 2008, the California Building Industry Association reported today. CBIA officials urged the Legislature to quickly enact stimulus legislation that the Association believes will help reverse the continued depression in the state’s homebuilding industry.
Foreclosures Slow Dramatically, Down More Than 25% in January; California Foreclosures At Lowest Level Since December 2007
February 12, 2009 Posted by California RealEstateRama
SACRAMENTO, CA - February 12, 2009 - (RealEstateRama) — Foreclosures across the United States plummeted by more than 25 percent in January, with many of the hardest-hit states seeing dramatic drops in the number of homes repossessed by lenders, according to the latest U.S. Foreclosure Index released today by ForeclosureS.com, a leading real estate information provider
California Homebuilding Depression Expected to Deepen in 2009, CBIA Announces
February 4, 2009 Posted by CBIA
Forecast Calls for Record-Low 63,400 Housing Starts; Association Urges Lawmakers to Take Quick Action on Stimulus Measures
Frozen Credit Markets Keep California New Home Market Cold in November, CBIA Announces
January 16, 2009 Posted by CBIA
SACRAMENTO, CA - January 16, 2009 - (RealEstateRama) — The pace of home sales at California new-home communities remained glacially slow in November following the October credit freeze, the California Building Industry Association reported today
