Archives

Los Angeles, CA - March 8, 2013 - (RealEstateRama) -- Neighborhood Housing Services of Los Angeles County is joining forces with City of Pico Rivera to help families with homeownership. Home affordability is higher now than in the past, this is a great time for families to purchase their first home. Although foreclosure filings in California reached the lowest it’s seen in six years during the fourth quarter of 2012, there are still families struggling to save their homes. Southern California residents can take the first step in the home buying process or saving the home they already own from foreclosure, by attending this FREE event on Saturday, March 9, 2013

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) -- 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

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

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.

La Jolla, CA. - February 14, 2013 - (RealEstateRama) -- Turnaround trends continued apace in the Bay Area housing market last month with the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price, a real estate information service reported

OAKLAND - February 12, 2013 - (RealEstateRama) -- Governor Edmund G. Brown Jr. will join Bank of America CEO Brian Moynihan to speak at the “Summit Meeting on the Future of Housing in California,” presented by the Fisher Center for Real Estate and Urban Economics at the UC Berkeley Haas School of Business on Tuesday

LOS ANGELES, CA - February 8, 2013 - (RealEstateRama) -- A former inspector with the Los Angeles Department of Building and Safety (LADBS) has been named in a federal bribery case that alleges he took more than $30,000 in bribes in relation to at least a dozen properties in and around the Koreatown District of Los Angeles

Washington, DC - February 7, 2013 - (RealEstateRama) -- Today, the House Financial Services Committee convened a hearing about the role of the Federal Housing Administration (FHA) in the mortgage insurance market.

Rancho Cucamonga, CA - February 4, 2013 - (RealEstateRama) -- The Randy Charlton Real Estate Group, lead by Randy Charlton, a Certified Short Sale Specialist in the Inland Empire, under the brokerage of Keller Williams Realty Rancho Cucamonga, uses a comprehensive plan to help sellers facing foreclosure make informed decisions about what is best for their situation. Homeowners facing foreclosure can request an appointment with Randy Charlton for a confidential consultation about their needs. Although Randy Charlton never encourages a Short Sale, many homeowners in Rancho Cucamonga and the surrounding areas of Fontana, Ontario, Corona, Upland, Chino, and Chino Hills, are facing true hardships that force them to attempt a Short Sale rather than face a foreclosure

BEALE AIR FORCE BASE, CA - January 30, 2013 - (RealEstateRama) -- Yesterday, Congressman John Garamendi (D-Fairfield, CA), a Member of the House Armed Services Committee, inspected the damage at Beale Air Force Base’s 9th Civil Engineer Squadron building before attending a briefing with senior base personnel.

SAN FRANCISCO, CA - January 30, 2013 - (RealEstateRama) -- The Board of Directors of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is pleased to announce the appointment of Donald Falk to its Affordable Housing Advisory Council (AHAC). The Bank’s 15-member AHAC provides expert guidance on affordable housing and economic development issues and helps shape the Bank’s community investment grant programs and credit products.

January 17, 2012 - (RealEstateRama) -- Earlier this week, Raul Bocanegra (R-Pacoima) introduced a measure that will save CBIA's members millions of dollars and ensure projects critical to the state's housing and economic recovery move forward.

January 11, 2012 - (RealEstateRama) --Today Mayor Edwin M. Lee and Supervisor Malia Cohen celebrated the completion of Phase One of the HOPE SF Hunters View public housing project, the first of five public housing sites slated to be redeveloped as part of the City’s HOPE SF initiative, and welcomed 25 San Francisco families (14 former Hunters View public housing families and 11 new families) to their new homes in one of the most ambitious, nationally-recognized public housing revitalization initiatives

December 17, 2012 - (RealEstateRama) -- CBIA is pleased to announce bestselling author Dan Pink will be the Opening Keynote Speaker on Thursday, June 6 at PCBC 2013. Dan is the author of several provocative, bestselling books about the changing world of work.

Torrance, CA - December 17, 2012 - (RealEstateRama) -- A new 208-unit multifamily complex that is the first of a Young Urban Community series planned by AMF Development, LLC (AMFD) has officially topped out, moving it closer to its opening in the early spring of 2013. The project, named Elevé Lofts & Skydeck, is designed specifically for the social and economic dynamics of the Gen Y crowd – those between 20 and 34 years old – many of whom have been forced to either move home or have multiple roommates given the soft job market and weak economy.