Yearly Archives: 2009

Money will Help Local Organization Disburse Home Loans to Low-Income Sacramentans. WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- Congresswoman Doris O. Matsui (D-CA) announced today that the U.S. Treasury Department has released $1,000,000 to Sacramento Neighborhood Housing Services, Inc. (SNHS). SNHS is a loan fund that provides gap funding and comprehensive home ownership and foreclosure prevention counseling for local low-income individuals and families. Their work has helped countless families achieve the dream of home ownership, and many more stay in their homes despite the recent economic downturn.

October 2, 2009 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) applauded passage in the U.S. House of Representatives today of the appropriations bill that provides federal funding for critical local water projects in the Los Angeles area.

Guarantee Leverages Newly Patented Pattern-Recognition Technology That Identifies Twice the Level of Fraud Verses Alternative Solutions. SANTA ANA, CA - October 1, 2009 - (RealEstateRama) -- First American CoreLogic, a member of The First American Corporation (NYSE: FAF) family of companies and America’s largest provider of advanced property and ownership information, analytics and services, today announced its 2X mortgage fraud guarantee. This first-of-its-kind guarantee assures current and prospective clients that they will identify twice the level of potential fraud using First American CoreLogic’s fraud detection technology than when using technology from any other fraud solutions vendor, or the trial period will be free.

Heritage Park will take advantage of MERIT’s Active Adult Adventure Program Sacramento, CA - September 30, 2009 - (RealEstateRama) -- The Heritage Park Homeowners Association has selected MERIT, a leading provider of professional community association and rental management services, to manage their 965 single family active adult community located in North Natomas area of Sacramento, CA. MERIT will assist the board of directors with daily operations to provide quality service as well as add a new adventure program for active adults.

Project Represents Second Recent Award for Turner At Camp Pendleton. New York, N.Y. - September 25, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s leading general builder, in a joint venture with TB Penick & Sons, Inc., has been awarded a $109 million design-build contract by the United States Marine Corps to construct four Bachelor Enlisted Quarters (BEQ) at Camp Pendleton, California. The project is scheduled for completion in August 2011. This project follows the $104 million contract awarded to the team in August for four additional Bachelor Enlisted Quarters (BEQ) also at Camp Pendleton, California.

SACRAMENTO, CA - September 24, 2009 - (RealEstateRama) -- Demand for new homes slipped again in August, a decline California homebuilders attributed to the discontinuation of the successful state homebuyer tax credit program, the California Building Industry Association announced today.

Stark hails funds for Alameda Point Collaborative to create job opportunities for formerly homeless. WASHINGTON, DC - September 23, 2009 - (RealEstateRama) -- Rep. Pete Stark (D-CA) today announced that the Alameda Point Collaborative (APC) has been awarded a $625,000 Community Economic Development grant from the Office of Community Services in the Department of Health and Human Services. APC is a community that provides housing and services to help formerly homeless families and individuals flourish.

September 22, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today announced that the California Department of Housing and Community Development (HCD) awarded $42.7 million...

SACRAMENTO, CA - September 22, 2009 - (RealEstateRama) -- United States Attorney Lawrence G. Brown announced today that a criminal complaint was filed this morning charging IRENE SOTIRIADIS, 23, and HELEN SOTIRIADIS, 49, both of Manteca, with conducting a mortgage fraud scheme from March 2006 through November 2007 that caused losses to lenders estimated at approximately $5 million. Arrest warrants were issued Sunday afternoon by United States Magistrate Judge Gregory G. Hollows after a special agent of the FBI received information that the two suspects may have been intending to flee to Greece.

September 21, 2009 - (RealEstateRama) -- Homeowners were invited to attend a free, comprehensive Foreclosure Counseling Fair on Saturday, September 12, to learn about foreclosure prevention and homeownership preservation. The event took place at Jordan High School on Atlantic Avenue near Artesia Boulevard in North Long Beach from 10:00 am to 3:00 pm. Registration began at 9:00 am; however, homeowners started lining up at 7:30 am.

Washington, DC - September 21, 2009 - (RealEstateRama) -- On Tuesday, the House unanimously passed the Federal Housing Administration (FHA) Multifamily Loan Limit Adjustment Act, a bill coauthored by Congressman Miller, to address the need for new construction or substantial rehabilitation of multifamily units in extremely high cost areas of the country.

Nearly 40 percent of first-time home buyers report federal tax credit played critical role in decision to purchase a home. LOS ANGELES, CA - September 21, 2009 - (RealEstateRama) -- Nearly 40 percent of first-time home buyers said they would not have purchased a home if the federal tax credit for first-time home buyers was not offered, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009 First-time Home Buyers Tax Credit Survey.” Understanding the significance of the federal tax credit to the housing market’s recovery, C.A.R. surveyed 200 California first-time home buyers to gauge the impact it had on their purchase decisions

New-build property features new sign and brand standards as part of the worldwide brand relaunch. ATLANTA, GA - September 17, 2009 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that the Holiday Inn Irvine South/Irvine Spectrum will open within a month.