Yearly Archives: 2010

Palm Desert, CA - November 1, 2010 - (RealEstateRama) -- Coldwell Banker Residential Brokerage is pleased to announce Laura Arellano has joined the Palm Desert office. An industry veteran who enjoys working with first-time buyers, Arellano guides her clients through every step of the real estate process, providing information with enthusiasm and superior service.

Bunker Hill, Downtown, Los Angeles, CA - November 1, 2010 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) congratulated the residents and staff of Angelus Plaza on the affordable housing community’s 30th anniversary of serving older adults in Los Angeles

EUGENE, OR - October 28, 2010 - (RealEstateRama) -- IDX, Inc. welcomes Terry Thomas to the growing group of real estate professionals, who are updating their realty websites with the customizable IDX Broker software. These innovative IDX solutions enable thousands of properties to be seamlessly displayed online. Thomas and his custom IDX solution sync Metrolist Sacramento listings directly to his page. By extracting this raw listing data, a multitude of homes are available for clients of Thomas or other Sacramento, California home seekers to search through conveniently on his website.

EUGENE, OR - October 28, 2010 - (RealEstateRama) -- Lisa Sheppard and IDX, Inc. have teamed up to bring Bay Area Real Estate Info Services (BAREIS) listings directly to Northern California potential buyers who are beginning their property search online. Sheppard has synced her website with BAREIS properties in an effort to simplify the home search process for her clients and for herself. By adopting an IDX solution, Sheppard has revolutionized the online home search. Now, home seekers can find their dream property without ever leaving their home or the convenience of the IDX enabled website Sheppard manages.

Torrance, CA - October 27, 2010 - (RealEstateRama) -- Justin Palermo of Keystone Pacific Property Management, a California-based community association management company, has earned the Certified Community Association Manager (CCAM®) designation through the California Association of Community Managers

EUGENE, OR - October 27, 2010 - (RealEstateRama) -- California Real Estate Technology Services (CARETS) listings are now easier to search for than ever before, on the new joint venture between IDX, Inc. and real estate agent Colin Krawitz. Krawitz can now seamlessly display thousands of detailed CARETS listings conveniently on his website. IDX Broker software extracts raw listings data directly from CARETS to ensure up-to-the-minute real estate news and listings. Finding a home in Orange County, California has never been easier or more effective than now, on the professional real estate website of Krawitz.

LOS ANGELES, CA - October 26, 2010 - (RealEstateRama) -- A Downey man has agreed to plead guilty to federal fraud and money laundering charges, admitting that he ran two fraudulent operations—a Ponzi scheme that took in $30 million from more than 300 victims and a mortgage fraud scheme that preyed on homeowners by stealing the equity from their homes and secretly taking title to their properties

SACRAMENTO, CA - October 26, 2010 - (RealEstateRama) -- Total housing production in California posted a decrease for the first time in five months in September, the California Building Industry Association announced today. According to statistics compiled by the Construction Industry Research Board (CIRB), permits were pulled for 2,562 total housing units in September, down 16 percent from the same month a year ago and down 31 percent from August. Permits for single-family homes totaled 1,604, down 30 percent from September 2009 and down 14 percent from the previous month, while multifamily permits totaled 958, up 27 percent from a year ago but down 48 percent from August.

WASHINGTON, DC - October 25, 2010 - (RealEstateRama) -- Rep. Ed Royce (R-CA), a senior member of the House Financial Services Committee, issued a statement following the release of a Federal Housing Finance Agency (FHFA) report stating that Fannie Mae and Freddie Mac’s taxpayer bailout will exceed $360 billion over the next three years.

WASHINGTON, DC - October 21, 2010 - (RealEstateRama) -- Today Congressman Mike Thompson announced that the Rural Community Assistance Corporation will receive $2 million as part of the CDFI’s Capital Magnet Fund Program through the Treasury Department. These funds will allow the Rural Community Assistance Corporation (RCAC) to support local single and multifamily affordable housing projects in rural areas.

LOS ANGELES, CA - October 21, 2010 - (RealEstateRama) -- California home sales posted their second consecutive monthly gain in September, but were down from the same period a year ago, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)

Torrance, CA - October 21, 2010 - (RealEstateRama) -- Lee & Associates Central Coast is pleased to announce that Jason Hart will be joining the company’s San Luis Obispo Office as an associate. Hart joins the Lee team as a broker specializing in office, investment and multifamily brokerage.

LOS ANGELES, CA - October 19, 2010 - (RealEstateRama) -- Real Estate Business Services® (REBS®) today announced that the Downey Association of REALTORS® (DAOR) has signed an agreement to provide Clarus MarketMetrics® as a member benefit to its more than 1,900 REALTOR® and Multiple Listing Service (MLS) members. The Downey Association of REALTORS® uses Southern California Multiple Listings Service (SoCalMLS) as its multiple listing provider to provide Clarus MarketMetrics® as a member benefit.

SAN FRANCISCO, CA - October 13, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. announced today that California has joined a coalition of 50 attorneys general and dozens of state banking regulators in a multi-state effort to demand that lenders find solutions to serious and potentially widespread problems in the foreclosure process across the country.

LOS ANGELES, CA - October 12, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (CBRE) announced that it has negotiated a $2.33 billion sale leaseback on behalf of the State of California’s Department of General Services for a portfolio that includes 11 state office buildings located in Los Angeles, Oakland Sacramento, San Francisco and Santa Rosa. The transaction is expected to close in the fourth quarter of 2010.

October 11, 2010 - (RealEstateRama) -- The California Reinvestment Coalition applauds Bank of America's decision to halt foreclosure sales in all 50 states. The decision comes after reports last week of servicers-- dubbed "robo-signers"-- who signed thousands of foreclosure documents on a daily basis without properly reviewing the information in the documents. Last week, Bank of America, JP Morgan Chase, and GMAC decided to stop all foreclosures in the 23 states where foreclosure must be approved by a judge. The California Reinvestment Coalition urges JP Morgan Chase, GMAC, Wells Fargo, and other banks and servicers to follow Bank of America's lead and immediately freeze all foreclosures in the country

SAN FRANCISCO, CA - October 11, 2010 - (RealEstateRama) -- Following his office's negotiations with the state's top loan servicers and today's announcement by Bank of America that it is temporarily halting foreclosures nationwide, Attorney General Edmund G. Brown Jr. today called on the state's other lenders to halt foreclosing on California homes until the banks can demonstrate that they are complying with state law

SANTA ANA, CA - October 8, 2010 - (RealEstateRama) -- An Orange County attorney has been indicted on charges related to a mortgage fraud scheme in which 30 homes were purchased at inflated prices, with the excess proceeds going to the lawyer and other members of the conspiracy.

FREMONT, CA - October 8, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. announced charges today against two "callous con artists" who took thousands of dollars from dozens of struggling Northern California homeowners for foreclosure services never delivered.

October 8, 2010 - (RealEstateRama) -- California's Building Standards Code will change in 2011, and all development project and permit applications that are submitted to the City of Long Beach on or after January 1, 2011 must comply with the updated code.