Yearly Archives: 2008
CA Attorney General Urged to Seek Injunction Halting Foreclosure on Deceptive Countrywide Mortgages
CA - August 12, 2008 - (RealEstateRama) — The California Reinvestment Coalition and the Greenlining Institute August 6 sent an urgent letter to California Attorney General Jerry Brown urging him to take immediate action against Countrywide Financial/Bank of America.
HUD settles lawsuit with California hazard reporting company and real estate brokerage
The U.S. Department of Housing and Urban Development today announced that it has settled its federal lawsuit under the Real Estate Settlement Procedures Act (RESPA) against Property I.D. Corporation, a large hazard reporting company in California, Realogy Corporation, Cendant Corporation (now known as Avis Budget Group, Inc.) and Coldwell Banker Residential Brokerage Corporation.
CBIA Thanks Governor for Quickly Signing Another Crucial Industry Recovery Bill
SACRAMENTO - August 7, 2008 - (RealEstateRama) — California homebuilders today thanked Gov. Arnold Schwarzenegger and the Legislature for enacting the last piece of CBIA’s three-part homebuilding stimulus package launched in January to help provide some relief to the battered homebuilding industry.
Community Celebrates Restoration of Historical Home for Homeless
IRVINE, Calif. - August 4, 2008 - (RealEstateRama) — Catholic Worker Isaiah House, a turn of the century Victorian house that nightly provides refuge for the homeless most at risk on the street – families, senior adults and the disabled - was the site of a dedication ceremony hosted by HomeAid Orange County.
C.A.R. reports sales increased 17.5 percent; median home price fell 37.7 percent in June
LOS ANGELES, July 29, 2008 (RealEstateRama) – Home sales increased 17.5 percent in June in California compared with the same period a year ago, while the median price of an existing home fell 37.7 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
CBIA Applauds State’s First-in-Nation Green Building Codes
SACRAMENTO - The California Building Industry Association today said the state’s adoption of new mandatory green building standards will help ensure that California remains at the cutting edge of the green building movement while keeping new homes as affordable as possible.
Insurance Commissioner Poizner Announces $50 Million Rate Cut For Northern California AAA Homeowners Insurance...
Rate Cut to Save Bay Area Homeowners More Than $28 Million
SAN FRANCISCO - Insurance Commissioner Steve Poizner today announced a 10.6% rate cut for California homeowners, a total savings of $50 million for California State Automobile Association Inter-Insurance Bureau (CSAA-IIB, or AAA of Northern California) customers, including more than $28 million in savings for Bay Area homeowners.
Austin Board of REALTORS® Provides Clarus™ MarketMetrics as Member Benefit
LOS ANGELES – Real Estate Business Services Inc. (REBS) and the Austin Board of REALTORS® (ABoR) today announced that ABoR has signed an agreement to provide Clarus™ MarketMetrics as a free member benefit. Clarus™ MarketMetrics retails for $360 for an annual subscription.
Real Estate Business Services, OnlineEd.com to offer continuing education classes
LOS ANGELES – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and its Real Estate Business Services Inc. (REBS) subsidiary today announced a new opportunity to assist REALTORS® with their continuing education requirements through OnlineEd.com.
HUD TO HOST NEIGHBORHOOD NETWORKS WORKSHOP IN SAN FRANCISCO
"Theme of the workshop is “Providing Resources, Producing Results"
WASHINGTON – The U.S. Department of Housing and Urban Development will host a workshop at the JW Marriott in San Francisco July 9–11 to help expand computer access to lower income residents living in government-insured and assisted housing developments.
CBIA Sharply Reduces 2008 Housing Forecast
SAN FRANCISCO – California homebuilders are expected to begin construction on just 72,000 homes, condominiums and apartments this year, significantly lower than earlier forecasts. If that level is correct it will be the lowest production in the Golden State since at least the early 1950s, according to the annual midyear housing forecast released today by the California Building Industry Association
California Association of REALTORS, Costello & Sons Insurance to form “Real Estate Risk Services”
LOS ANGELES – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and Costello & Sons Insurance (CSI) today announced the creation of Real Estate Risk Services LLC (RERS), a subsidiary of Real Estate Business Services Inc. (REBS).
Kennedy Wilson Auction Group Sells 41 Luxury Model Homes
BEVERLY HILLS, Calif. – Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted two auctions of 41 luxury model homes on May 31st, and June 1st, 2008
New Home Sales in Orange County Jump 20 Percent at End of First Quarter
Irvine, CA., – According to recent figures released by Hanley Wood Market Research, new home sales in Orange County spiked roughly 20 percent in March compared to February sales. A total of 206 new home sales were reported for March as compared with a total of 173 new home sales for February.
New-Home Production Remains Weak in April, CBIA Announces
SACRAMENTO — California new-home production in April continued to lag behind last year’s production levels, increasing chances that new-home production would fall to the lowest level in recorded history, the California Building Industry Association reported today.
Insurance Commissioner Steve Poizner Reminds Mandatory Fire Evacuees that Insurance May Cover Some Living...
SACRAMENTO ― Insurance Commissioner Steve Poizner reminded residents and businesses who have been evacuated from the Summit Fire in Santa Cruz that residents may be eligible for reimbursement for additional living expenses due to a mandatory evacuation and businesses may be eligible for reimbursement due to lost business.
California New Home Market Close to the Bottom, CBIA Announces
SACRAMENTO – 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.
California MLS holds first board meeting, appoints board chairman
The statewide MLS approved by C.A.R. has been formed and held its first board meeting May 1. Called the California MLS (CALMLS), the entity adopted bylaws and MLS Rules, and approved a Request for Proposal from the MLS vendors for the computer system operating the statewide service.
Home Builders’ Association of Northern California Opens Urban Division
San Francisco, CA – May 1, 2008 – The Home Builders Association of Northern the Bay Area ’s largest association of home builders and a noted source of public information on home buying issues that affect the public, has opened an urban division at 660 Mission Street in San Francisco.
C.A.R. reports sales decreased 24.5 percent, median home price fell 29 percent in March
LOS ANGELES (April 25) – Home sales decreased 24.5 percent in March in California compared with the same period a year ago, while the median price of an existing home fell 29 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
