California RealEstateRama

Today, Congressman John Garamendi (D-Fairfield, CA), a Member of the House Committee on Transportation and Infrastructure, led a letter urging the Department of Transportation to issue – without delay – strong safety standards for oil-by-rail transportation. Working with Congresswoman Doris Matsui (D-Sacramento, CA), Congressman Garamendi co-wrote the letter and circulated it among House Members. The letter responds to news that the Department may be considering weakening oil-train safety regulations and delaying the deadline for companies to comply with important safety guidelines. Last month in West Virginia, a train carrying crude oil derailed and exploded – just the latest in a series of increasingly frequent incidents

Unire Real Estate Group is proud to announce it celebrates 15 years in business this year, marking what founder and president Mark Harryman thinks will be its most successful year yet. With a team of dedicated colleagues, Unire Group has grown from managing 1-million square feet in 2000 to more than 35-million square feet in the beginning of 2015, adding more than six million square feet to its portfolio last year

Today, Congresswoman Maxine Waters (CA-43), Ranking Member of the Committee on Financial Services, announced that the Housing Authority of the County of Los Angeles (HACoLA) will receive a $738,000 federal grant to continue employing its “Resident Service Coordinators” who are integral in connecting public housing residents with much-needed supportive services and resident empowerment activities in the community. Even more important, these coordinators link the County’s seniors to resources and services that will enable them to live independently and age-in-place.

The Land Use Services Department will continue to solicit public input on the future of renewable energy development throughout the County’s unincorporated areas during a special listening session from 2 to 4 p.m. on March 5

A 53-year-old Long Beach man pleaded no contest today to the attempted murder of a Long Beach city code enforcement inspector and then holding police at bay for hours in 2012, the Los Angeles County District Attorney’s Office announced

American Realty Advisors, an institutional real estate investment manager with more than $6 billion in assets under management, has acquired the Shoemaker Distribution Center, a 175,000 square-foot Class A industrial warehouse in Santa Fe Springs, California

The Long Beach Continuum of Care (CoC), led by the Long Beach Department of Health and Human Services – Homeless Services Division, has been awarded $8.17 million, the largest competitive grant it has received from the U.S. Department of Housing and Urban Development (HUD). The funding includes $1.06 million to expand housing and support services, and $7.11 million to support ongoing homeless projects and add new planning capabilities

A $4 million boost is coming to the Los Angeles economy when more than 1,800 community development professionals from around the country convene in the city for the NeighborWorks Training Institute (NTI) Feb. 23-27. The conference is hosted by NeighborWorks America, a national, congressionally chartered nonprofit that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities

The California Housing Finance Agency commented today on a decision by Moody's Investor Service to upgrade its rating on the agency's Home Mortgage Revenue Bonds from Baa2 to A3.

Senator Dianne Feinstein (D-Calif.) and Representative Doris Matsui (D-Calif.) today introduced the Fire-Damaged Home Rebuilding Act to ensure California homeowners who live in a flood plain could rebuild their homes in the event of a fire

WASHINGTON, D.C. - February 10, 2015 - (RealEstateRama) -- Sacramento: Assemblymember Susan Talamantes Eggman has introduced AB 244, legislation that would strengthen the California Homeowner Bill of Rights (HBOR) by clarifying that widowed homeowners and other heirs who have legal interest in a home after a loved one passes away enjoy the same legal protections afforded to homeowners. HBOR was passed in January 2013, and has been widely credited with evening the playing field between individual homeowners and their mortgage servicers. Similar laws have also been enacted in Minnesota and Nevada.

WASHINGTON, D.C. - December 9, 2014 - (RealEstateRama) --Rep. Lois Capps (CA-24) applauded the bipartisan, unanimous passage of her bill, H.R. 5562, which would designate the U.S. Post Office building at 801 W. Ocean Avenue in Lompoc as the Federal Correctional Officer Scott J. Williams Memorial Post Office Building

LOS ANGELES - November 19, 2014 - (RealEstateRama) -- The lowest mortgage rates in 18 months failed to spark the California housing market in October as sales stayed flat and home prices increased at the slowest pace since early 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

San Francisco CA - October 28, 2014 - (RealEstateRama) -- Today, 41 California organizations join with the California Reinvestment Coalition (CRC) in calling on the Consumer Financial Protection Bureau (CFPB) to strengthen the Home Mortgage Disclosure Act (HMDA) through greater transparency.

San Francisco - October 17, 2014 - (RealEstateRama) -- As part of a five-day awareness campaign about the potential impacts of a new, Too Big To Fail bank merger, a nonprofit bank advocacy coalition raised questions today about OneWest’s track record of helping (or not helping) distressed homeowners.

San Francisco - October 17, 2014 - (RealEstateRama) -- As part of a five-day public awareness campaign, activists in California are asking bank regulators questions about possible impacts of a Too Big To Fail Bank merger that would combine CIT Group and OneWest Bank.

SACRAMENTO, - October 15, 2014 - (RealEstateRama) -- The California Housing Finance Agency announced today that it will begin providing an additional $6,500 in down payment assistance through its CalPLUS Conventional program. The change is part of the Agency’s ongoing efforts to make home purchasing more accessible for first-time homebuyers

WASHINGTON, D.C. - September 17, 2014 - (RealEstateRama) -- Congressman Scott Peters (CA-52) continued his effort to convince Speaker John Boehner that the House of Representatives should not adjourn at the end of this week, as has been widely reported. Today, Rep. Peters called for the passage of H.R. 1975, the “Pregnant Workers Fairness Act,” which ensures that pregnant women are not forced out of their jobs or denied reasonable accommodations that would allow them to keep working and supporting their families

WASHINGTON, D.C. - September 17, 2014 - (RealEstateRama) --More than $2.3 million in flood damage can be attributed to about 50 homes within Los Angeles County unincorporated areas, according to recent findings by LA County Public Works engineers

CHANDLER, AZ - August 28, 2014 - (RealEstateRama) -- A 69,429 SF fl ex manufacturing facility and an adjacent 2.97 AC parcel at 1800 S. Price Rd. in Chandler has been sold for $12,650,000. The building is fully-leased to Iridium Communications with an estimated 10 years remaining on their lease