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

May 13, 2009 - (RealEstateRama) — California homebuilders today recognized the city of Corona as the latest jurisdiction to reduce development fees in an effort to jump-start homebuilding and its local economy

SACRAMENTO, CA - May 12, 2009 - (RealEstateRama) — Thanks in part to the California new-home tax credit that went into effect in March, the pace of home sales at California new-home communities has begun to show signs of stabilizing, California Building Industry Association reported

New Homes Help State Hold Energy Usage Flat During Past 30 Years. April 29, 2009 - (RealEstateRama) — California homebuilders today thanked President Obama for recognizing the outstanding job California has done in reducing energy consumption – due in large part to the energy-efficiency of new homes built during the past 30 years.

SACRAMENTO, CA - April 15, 2009 - (RealEstateRama) — The pace of home sales at California new-home communities continued to be historically slow during February but at least showed a modest improvement over January, the California Building Industry Association reported today. But Robert Rivinius, CBIA’s President and CEO, said he is confident March sales figures will show a significant increase due to the landmark California tax credit for new-home buyers that went into effect at the beginning of the month.

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

Association says recent sales spurred by homebuyer tax credits may cause January to be bottom of cycle

SACRAMENTO, CA - March 12, 2009 - (RealEstateRama) — The California Building Industry Association announced today that it is endorsing two voluntary green building programs for its members that wish to build homes that exceed the state’s toughest-in-the-nation energy-efficiency and water conservation standards

SACRAMENTO, CA - February 23, 2009 - (RealEstateRama) — California homebuilders said the $10,000 tax credit for purchasers of new homes included in the new state budget will help jump-start the depressed industry, creating jobs and much-needed tax revenue for state and local governments.

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.

Forecast Calls for Record-Low 63,400 Housing Starts; Association Urges Lawmakers to Take Quick Action on Stimulus Measures

SACRAMENTO, CA - January 30, 2009 - (RealEstateRama) — Total housing production in California in 2008 was at the lowest level on record, the California Building Industry Association announced today, prompting CBIA officials once again to urge state and federal lawmakers to act immediately to stimulate the housing sector and the economy

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

SACRAMENTO, CA - December 24, 2008 - (RealEstateRama) — Single-family housing production in California in November was the lowest month on record, prompting the California Building Industry Association to urgently call on state and federal lawmakers to act immediately to stimulate the housing sector and the economy. Specifically, homebuilders are proposing a tax credit for new-home buyers, which has proven in the past to be an effective means of reviving depressed housing markets and reinvigorating job-generating home construction.

CRAMENTO, CA - December 16, 2008 - (RealEstateRama) — The pace of home sales at California new-home communities was extraordinarily bad in October, primarily due to the global credit crisis, the California Building Industry Association reported today.

SACRAMENTO, CA - November 18, 2008 - (RealEstateRama) — Housing affordability continued to increase during the third quarter throughout most of the state as a result of sharp price reductions fueled by waves of foreclosures, yet California is still home to five of the 10 least affordable markets in the nation, the California Building Industry Association said today

While the pace of sales at California new-home communities continued to remain slow in March, year-over-year sales declines are steadily shrinking, adding to mounting evidence that the bottom of the current housing cycle is near, the California Building Industry Association reported today.

SACRAMENTO, CA - September 29, 2008 - (RealEstateRama) — California homebuilders continued to cut back on new-home production in August while trying to sell off existing inventory in a housing market that’s still adjusting, leading analysts to further reduce homebuilding projections, the California Building Industry Association reported today.

SACRAMENTO, CA - August 26, 2008 - (RealEstateRama) — – Total new home production in California continued to decline across the board in July as declines were recorded for both single-family and multi-family new home production from month-to-month as well as year over year, further supporting the notion that California will produce the lowest number of new homes in recorded history, the California Building Industry Association reported today.

SACRAMENTO - August 18, 2008 - (RealEstateRama) — The pace of sales at California new-home communities remained sluggish in June, following a resumed trend of deterioration in year-over-year sales declines that began in May, the California Building Industry Association reported today.