Yearly Archives: 2013

WASHINGTON, DC - March 8, 2013 - (RealEstateRama) -- Two Northern California real estate investors have agreed to plead guilty for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced

EUGENE, OR - March 8, 2013 - (RealEstateRama) -- IDX Broker Inc. and Matthew Weinberg have joined forces to create an innovative property search page that allows his website to have direct access to California Real Estate Technology Services (CARETS). With the use of this new groundbreaking software, Peter Lorimer Group Estates is able to truly revolutionize the way potential clients search for properties. IDX Broker software offers the most highly customizable search engine of its kind, allowing home seekers to set the parameters of their search to allow for more accurate search results

EUGENE, OR - March 8, 2013 - (RealEstateRama) -- IDX, Inc. is pleased to announce the latest real estate professional who has chosen to integrate an IDX solution onto their website and search pages: Los Angeles, California Realtor Michele Hall. In her continuing effort to provide her clients with quality real estate services that exceed their expectations, she has collaborated with IDX Inc. to demonstrate these values on her website.

EUGENE, OR - March 8, 2013 - (RealEstateRama) -- Today, Jonathan Marks and IDX, Inc. announce the newly IDX-enabled Alain Pinel Realtors website. San Rafael, California home seekers can now experience a simple and effective online real estate search, conveniently on the Marks’ website. The customized IDX tools Marks now supports automatically display thousands of Bay Area Real Estate Information Services (BAREIS) listings, giving his clients and other online home seekers a comprehensive database of listings to search.

SAN FRANCISCO, CA - March 8, 2013 - (RealEstateRama) -- Hines, the international real estate firm, and Invesco Real Estate, announced today that they have jointly acquired the Rialto Building located at 116 New Montgomery Street in San Francisco’s South Financial District, from Africa Israel USA (AFI USA). Financials on the transaction were not disclosed. Hines will oversee management and leasing of the property on behalf of the partnership

WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- This week CHF|CIRB has released the December California Construction Review to subscribers. Overall, California has seen a 5% increase in housing permits from December 2011. Year-to-date permits have increased 22.46% from the same time frame in 2011, increasing from 47,336 permits issued between January and December 2011 to 57,970 total permits for the same time frame in 2012.

WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (CA-06) introduced legislation to help homeowners who live in FEMA Special Flood Hazard Areas and whose homes have sustained major damage from a fire or other unforeseen event to rebuild their homes. The Fire Damaged Home Rebuilding Act of 2013 would amend the National Flood Insurance Act of 1968 to create a waiver process to consider on a case-by-case basis allowing these homeowners to rebuild their homes without elevation requirements, while ensuring their flood insurance costs remained the same as their neighbors.

Rancho Cucamonga, - March 4, 2013 - (RealEstateRama) -- On Wednesday, Federal Reserve Chairman Ben Bernanke testified before the House Financial Services Committee on the state of the economy. As the Vice Chairman of the Committee, I expressed my concerns about the impact new housing regulations mandated by the Dodd-Frank Act will have on our local economy, job creation and the value of our homes in the 31st Congressional District

Los Angeles, CA - March 4, 2013 - (RealEstateRama) -- At first glance, Pacoima looks like any other quaint neighborhood. What makes this community different is that it’s located in an area that has been significantly affected by the foreclosure crisis. Neighborhood Housing Services of Los Angeles County (NHS) along with Assemblymember Raul Bocanegra, the Pacoima Neighborhood Council and over 100 residents and volunteers will join together with paint brushes, brooms and shovels to beautify a block in Pacoima, CA on Saturday, March 2, 2013 for Neighborhood Pride Day

Los Angeles, CA - February 28, 2013 - (RealEstateRama) -- Los Angeles County Supervisor Don Knabe joined local officials in the groundbreaking celebration for the future 5.5-acre Orange Grove Park. The County entered into a 40-year ground lease and joint use agreement with the owner of the property and the Hacienda La Puente Unified School District to develop the park. Following active community involvement during the three-year planning and design stages, a construction contract award was made to C.S. Legacy Construction to get the project on its way

LOS ANGELES, CA - February 28, 2013 - (RealEstateRama) -- California pending home sales posted the strongest gain in nearly four years during January, rising from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

MONTEREY PARK, CA - February 28, 2013 - (RealEstateRama) -- Construction has begun on the HGA Architects and Engineers-designed Student Success and Retention Center at East Los Angeles College. Part of the campus’ ongoing initiative to build state-of-the-art, sustainable structures, the $55 million, 136,000-square-foot complex will consolidate various once-dispersed departments to create learning environments for the diverse student body. HGA’s project scope includes planning, design, interior design and sustainability, and is slated for completion in late 2014.

WASHINGTON, D.C. - February 28, 2013 - (RealEstateRama) -- The grand opening and ribbon cutting ceremony for Veterans Commons in San Francisco was celebrated by public officials, including San Francisco Mayor Ed Lee and Congresswoman Nancy Pelosi, and more than a hundred supporters on January 30

BAKERSFIELD, CA - February 27, 2013 - (RealEstateRama) -- Vallarta Supermarkets, a Sylmar, California-based company that is one of the region’s largest grocery chains catering to the Hispanic market, has purchased a neighborhood center in Bakersfield, Calif., for $14 million, where it will now become both the anchor tenant and the center’s owner, according to Colliers International’s Commercial Investment Services Group.

EUGENE, OR - February 27, 2013 - (RealEstateRama) -- IDX, Inc. and Nancy Jones are revolutionizing the Rancho Mirage, California real estate search, by enabling IDX Broker software onto the website Jones hosts. As a broker, Jones presents area listings with ease and simplicity on her IDX-enabled website, as Desert MLS (DRMLS) listings are synced to the search she hosts, creating a thorough, comprehensive, and dynamic online database of local listings. By integrating IDX Broker software on her website, Jones has transformed the online real estate marketplace for her clients and her own business

SACRAMENTO, CA - February 26, 2013 - (RealEstateRama) -- U.S. District Judge William B. Shubb sentenced Joel Blanford, 44, of San Ramon, California, to 30 months in prison, to be followed by three years of supervised release, for a mortgage fraud scheme, U.S. Attorney Benjamin B. Wagner announced. On September 19, 2012, following a seven-day trial, a jury found Blanford guilty of six counts of mail fraud

RAMONA, CA - February 25, 2013 - (RealEstateRama) -- C.W. Driver, a leader in Southern California healthcare construction, has completed construction on Palomar Health’s Ramona Ambulatory Care Center, a new $4.5 million satellite clinic in Ramona, Calif. When open to the community in March 2013, the 7,600-square-foot, single-story outpatient medical clinic built on approximately an acre of land will expand the healthcare services for the Ramona community

San Francisco, CA - February 25, 2013 - (RealEstateRama) -- Zephyr Real Estate, San Francisco's largest independent real estate firm, achieved a sales volume of $1.5 billion in 2012, making it the City’s number one real estate brand. Zephyr has consistently been in the forefront in sales volume, technological innovation, and service to the community

LOS ANGELES, CA - February 25, 2013 - (RealEstateRama) -- Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

CANOGA PARK, CA - February 22, 2013 - (RealEstateRama) -- Today, Congressman Brad Sherman (D-Sherman Oaks), a senior member of the House Financial Services Committee, received the “Friend of Affordable Housing Award” from the Federal Home Loan Bank of San Francisco for his long-standing support of affordable housing and preserving and increasing homeownership opportunities in the San Fernando Valley. Sherman also helped announce the recipients of the Affordable Housing Program (AHP) funding competition.