California RealEstateRama

NEWPORT BEACH, CA–The St. Joe Company has selected Internet real estate auction marketing firm, the LFC Group of Companies, to auction more than 3,000 acres of its prime land in the Florida Panhandle. What makes this opportunity so rare is that The St. Joe Company, one of Florida’s largest landowners and developers, has taken an innovative approach in choosing to sell its land through an online auction.

There's some good news on the horizon for homeowners in cities like San Diego, Washington D.C. and Sacramento, Calif., where the real estate boom and bust has left those markets reeling from the effects of overbuilding, bad loans and foreclosures.

LOS ANGELES (Feb. 25) – Home sales decreased 29.8 percent in January in California compared with the same period a year ago, while the median price of an existing home fell 21.9 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Countrywide Financial’s shoddy lending practices have left hundreds of thousands of mortgage borrowers at risk of losing the single most important asset in their lives – their homes. If Bank of America acquires Countrywide, these mortgage borrowers could either benefit or suffer greatly from the merger

A statewide proposition on the June ballot could hurt an estimated 120,000 Riverside and San Bernardino county residents living in mobile home parks, opponents of the measure say.

DALLAS -- (Feb. 4, 2008) Mortgage fraud activity jumped past $4.0 billion last year -- with California and Ohio leading the way, according to the FraudBlogger Index published and maintained by

All homes open for inspection from 10AM to 5PM on 02/23/08 and 02/24/08.

Emboldened by a national outcry against the use of eminent domain to seize property for private developments like Brooklyn's Atlantic Yards, California landlords have devised an ingenious attack on the state's local rent-control laws: Disguising a statewide referendum to ban them as a measure to reform eminent domain.

LOS ANGELES, Feb. 11 /PRNewswire/ -- Actor, director and Enterprise Community Partners Board Trustee Edward Norton, Mayor Antonio Villaraigosa, dignitaries and formerly homeless residents gathered today at 9:30 a.m. at the St. George Hotel in downtown Los Angeles to celebrate the first solar electric system installation for a low-income, multiunit building on the West Coast.

All homes open for inspection from 10AM to 5PM on 02/02/08, 02/09/08 and 02/10/08. 1000+ FORECLOSED HOMES MUST BE SOLD!!

San Francisco – The Federal Home Loan Bank of San Francisco announced today that it is developing a new affordable housing set-aside program, the Homeownership Preservation Subsidy (HPS) program, to help provide a long-term solution for low- to moderate-income homeowners who are at risk of losing their homes because of increases in their monthly mortgage payments.

SANTA ANA, Calif. (Feb. 6, 2008) – Grubb & Ellis Company (NYSE: GBE), one of the world’s leading commercial real estate services and investment management firms, has renamed Triple Net Properties, LLC, its subsidiary, Grubb & Ellis Realty Investors, LLC.

SAN FRANCISCO, Calif., Feb. 5 /PRNewswire-USNewswire/ -- America's housing market may be fledging but with interest rates hitting historic lows and home prices falling, now is a great time to buy. With the market in their favor, more buyers are heading to foreclosed real estate auctions because they can purchase property at significant discounts. Hudson & Marshall, the country's largest foreclosed real estate auction firm, will auction over 200 bank owned homes in the San Francisco area on February 16th at 11:00am and February 17th at 1:00pm at the Hilton Oakland Airport

Fairfield, Calif., February 4, 2008 - The Fairfield Redevelopment Agency announces an invitation to purchase 4.29 acres of Agency-owned real property. The site offers prime commercial and residential development opportunities and is at 2030 North Texas Street, the former Fairfield Bowl property.

LOS ANGELES, Jan. 30 /PRNewswire/ -- Plagued by a persistent tide of foreclosures, a surplus of inventory and falling prices, California's housing market is one of the worst in the nation. Yet in this knocked out market buyers rule the roost and can find lots of deals on properties, particularly at auctions of bank-owned homes.

January 28, 2008, SANTA ANA, Calif. First American Natural Hazard Disclosures (FANHD), a member of The First American Corporation (NYSE:FAF) family of companies and a leader in the real estate disclosure report industry, announced today that it has launched the FANHD California Property Tax Disclosure Report, creating a cost-effective choice for real estate professionals and their clients.