California RealEstateRama

La Jolla, CA. - February 14, 2013 - (RealEstateRama) -- Turnaround trends continued apace in the Bay Area housing market last month with the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price, a real estate information service reported

Washington - February 14, 2013 - (RealEstateRama) -- Senator Dianne Feinstein and Congressman Henry A. Waxman (both D-Calif.) sent a letter to Acting Director of the White House Office of Management and Budget Jeffery Zeints urging the president to include funding to fully renovate two West LA VA buildings to house some of Los Angeles’ sizable homeless veteran population

La Jolla, CA - February 13, 2013 - (RealEstateRama) -- Southern California's housing market started 2013 with the highest January home sales in six years as sales to investors and cash buyers hovered near record levels and move-up activity remained relatively brisk. The median price paid for a Southland home dipped slightly from December, as it normally does, but jumped 23.5 percent above the year-ago level, a real estate information service reported.

ONTARIO, CA - February 13, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, closed a $2.69 million, 43,900 square foot industrial building at 2778-2788 Pomona Blvd in Pomona, California.

OAKLAND - February 12, 2013 - (RealEstateRama) -- Governor Edmund G. Brown Jr. will join Bank of America CEO Brian Moynihan to speak at the “Summit Meeting on the Future of Housing in California,” presented by the Fisher Center for Real Estate and Urban Economics at the UC Berkeley Haas School of Business on Tuesday

LOS ANGELES, CA - February 8, 2013 - (RealEstateRama) -- A former inspector with the Los Angeles Department of Building and Safety (LADBS) has been named in a federal bribery case that alleges he took more than $30,000 in bribes in relation to at least a dozen properties in and around the Koreatown District of Los Angeles

La Jolla, CA. - February 8, 2013 - (RealEstateRama) -- The number of California homes purchased with cash reached an all-time high last year, the result of high investor interest, a difficult mortgage environment, and perceived higher returns on investment, a real estate information service reported.

WASHINGTON, D.C. - February 8, 2013 - (RealEstateRama) -- A Fountain Valley native who earned his bachelor’s degree at USC, Albert Del Rio has a passion for Southern California, which is evidenced by the incredible amount of work he’s done from the Southern border all the way up to Ventura County.

Cupertino, CA - February 8, 2013 - (RealEstateRama) -- Intero Real Estate Services is happy to announce the closing of another Prestigio property. The property, 2313 Bay View Ave. in Carmel, sold for $4,095,000 and closed escrow on January 30th. The transaction was all cash. The buyers, from Southern California, have purchased the property as a second home

SAN FRANCISCO, CA - February 7, 2013 - (RealEstateRama) -- Insurance Commissioner Dave Jones today announced an average of 8.5 percent insurance rate reduction for San Francisco area homeowners insured with State Farm General Insurance Company. The reduction will result in an average annual savings of $100 for homeowners statewide.

Washington, DC - February 7, 2013 - (RealEstateRama) -- Today, the House Financial Services Committee convened a hearing about the role of the Federal Housing Administration (FHA) in the mortgage insurance market.

Washington, DC - February 6, 2013 - (RealEstateRama) -- Congresswoman Maxine Waters, ranking member of the House Financial Services Committee, today sent the attached letter to Jeb Hensarling, chairman of the committee, requesting that he hold a hearing about the abrupt end of the Independent Foreclosure Review (IFR) process

WASHINGTON, DC - February 5, 2013 - (RealEstateRama) -- A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

Rancho Cucamonga, CA - February 4, 2013 - (RealEstateRama) -- The Randy Charlton Real Estate Group, lead by Randy Charlton, a Certified Short Sale Specialist in the Inland Empire, under the brokerage of Keller Williams Realty Rancho Cucamonga, uses a comprehensive plan to help sellers facing foreclosure make informed decisions about what is best for their situation. Homeowners facing foreclosure can request an appointment with Randy Charlton for a confidential consultation about their needs. Although Randy Charlton never encourages a Short Sale, many homeowners in Rancho Cucamonga and the surrounding areas of Fontana, Ontario, Corona, Upland, Chino, and Chino Hills, are facing true hardships that force them to attempt a Short Sale rather than face a foreclosure

SACRAMENTO, CA - February 1, 2013 - (RealEstateRama) -- Insurance Commissioner Dave Jones announced today a 35 percent rate reduction for lender-placed (also called force-placed) homeowner insurance coverage offered by QBE Insurance Corporation. The rate reduction will result in an estimated $19.4 million savings to QBE policyholders, with an average savings of $626 per policyholder annually.

La Jolla, CA. - January 31, 2013 - (RealEstateRama) -- The number of Golden State homes sold for a million dollars or more rose to its highest level since 2007, fueled by a recovering economy, rising home prices and a record number of cash purchases. The number of homes sold for more than $5 million rose to an all-time high, a real estate information service reported.

WASHINGTON, D.C. - January 31, 2013 - (RealEstateRama) -- In 2012, Hill & Co. Real Estate enjoyed a 41 percent increase in revenues over the previous year, thanks in large measure to a rebounding San Francisco real estate market and the efforts of the company’s brokers and REALTORS

Los Angeles, CA - January 30, 2013 - (RealEstateRama) -- Los Angeles County property owners will now be able to protest the Clean Water, Clean Beaches Measure online, thanks to a motion by Supervisor Don Knabe that was unanimously approved at yesterday’s Board of Supervisors meeting.

BEALE AIR FORCE BASE, CA - January 30, 2013 - (RealEstateRama) -- Yesterday, Congressman John Garamendi (D-Fairfield, CA), a Member of the House Armed Services Committee, inspected the damage at Beale Air Force Base’s 9th Civil Engineer Squadron building before attending a briefing with senior base personnel.

SAN FRANCISCO, CA - January 30, 2013 - (RealEstateRama) -- The Board of Directors of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is pleased to announce the appointment of Donald Falk to its Affordable Housing Advisory Council (AHAC). The Bank’s 15-member AHAC provides expert guidance on affordable housing and economic development issues and helps shape the Bank’s community investment grant programs and credit products.