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SACRAMENTO, CA - December 24, 2009 - (RealEstateRama) -- Housing construction in California continued to decrease in November and is on track to set a record for the least amount of homes produced in a single year, the California Building Industry Association announced today.

Morgan Hill, CA - December 23, 2009 - (RealEstateRama) -- After much speculation by the general populace (and the real estate industry) and much consternation by Congress, the much-anticipated extension of the First-Time Homebuyer Tax Credit has been passed.

Washington, DC - December 18, 2009 - (RealEstateRama) -- U.S. Senators Dianne Feinstein (D-Calif.) and Jeff Merkley (D-Ore.) today introduced a measure to spur the development of renewable energy employment and construction, such as wind and solar farms and solar panel factories. The bill would primarily extend and expand a popular Treasury Department grant program that was established in Section 1603 of the American Recovery and Reinvestment Act of 2009 in order to help diminish the impact of the economic crisis on the renewable energy sector

SACRAMENTO, CA - December 10, 2009 - (RealEstateRama) -- The pace of home sales at California new-home communities rose above year-ago levels for the first time since December of 2006, the California Building Industry Association reported today

December 7, 2009 - (RealEstateRama) -- Continuing his commitment to California’s veterans, Governor Arnold Schwarzenegger today joined California Department of Veterans Affairs (CDVA) Secretary Roger Brautigan and commanding officer of the Naval Base Ventura County Captain James McHugh to celebrate the grand opening of California Veterans Home, Ventura (CVH-Ventura), the newest state veterans home which will provide housing and long-term care for many of California’s veterans

Events in Ukiah and Lakeport Help Consumers Facing Housing Issues. Ukiah, CA - November 27, 2009 - (RealEstateRama) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco), working with the Mendocino/Lake Housing Foreclosure Prevention Coalition, hosted community housing workshops last weekend in Mendocino and Lake Counties

SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) -- Construction of new homes in California continued to decline in October, prompting California homebuilders to call on state lawmakers to reexamine the benefits of the state new-home buyer tax credit enacted earlier this year in hopes of getting similar legislation passed to stimulate the housing sector and the economy, the California Building Industry Association announced today.

California still home to half of the top 20 least affordable markets. SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) -- Housing affordability continued to creep downward throughout the state during the third quarter of 2009 as a result of incremental price increases due to increased demand for homes, the California Building Industry Association said today

LOS ANGELES, CA - November 23, 2009 - (RealEstateRama) -- Mayor Antonio Villaraigosa today announced the appointment of Douglas Guthrie as the new General Manager of the Los Angeles Housing Department (LAHD). Mr. Guthrie brings with him a wealth of experience in community development, housing affordability and urban policy.

C.A.R. reports entry-level housing affordability reached 64 percent in the third quarter of 2009. LOS ANGELES, CA - November 13, 2009 - (RealEstateRama) -- The percentage of households that could afford to buy an entry-level home in California stood at 64 percent in the third quarter of 2009, compared with 55 percent (revised) for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

MERIT will provide additional services and maintenance programs to enhance the community. Sacramento, CA - October 28, 2009 - (RealEstateRama) -- The Stonelake Homeowners Association has selected MERIT, a leading provider of professional community association and rental management services, to manage their 1,467 single family unit community located in Elk Grove, CA. MERIT will assist the board of directors with daily operations as well as financial budget analysis and planning.

SACRAMENTO, CA - October 26, 2009 - (RealEstateRama) -- New-home construction dipped again in September leading California homebuilders to strengthen the call for the Legislature to extend the successful homebuyer tax credit, the California Building Industry Association announced today

Washington, DC - October 22, 2009 - (RealEstateRama) -- During the House Financial Services Committee mark-up of H.R. 3126, the Consumer Financial Protection Agency Act, the Committee approved an amendment offered by Rep. Gary Miller (R-CA) to sunset the Home Valuation Code of Conduct (HVCC).

October 20, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement after the Obama Administration’s announced move to provide support to housing finance agencies across the nation. This action will help restart the housing market for low to moderate income first-time homebuyers, including in California, which has been among the hardest hit by the real estate crisis.

Washington, DC - October 20, 2009 - (RealEstateRama) -- Congresswoman Maxine Waters (CA-35), Chairwoman of the Financial Services Subcommittee on Housing and Community Opportunity, recognizing the impact foreclosures are having on the country, called on the attorneys general from the nation’s 50 states to bring suit against lenders in order to force more loan modifications.“We need aggressive action to force lenders to modify the predatory loans that they made. State attorneys general and civil rights groups are taking the lead in preventing foreclosures by filing lawsuits against the originators of these predatory loans, and I commend them for their action,” Chairwoman Waters said

Washington, DC - October 16, 2009 - (RealEstateRama) -- Congresswoman Maxine Waters (D-CA), Chairwoman of the Housing and Community Opportunity Subcommittee and a leading advocate for Gulf Coast recovery efforts, issued the following statement today after President Obama visited New Orleans to assess the city’s progress and heard from residents about the challenges they continue to face:“More than four years after Hurricane Katrina, I remain concerned about the recovery of the Gulf Coast in general, and the City of New Orleans, in particular. Katrina was one of the deadliest storms in our nation’s history, taking over 1,800 lives, displacing more than one million people, severely damaging over 300,000 housing units, and causing at least $81 billion in damages.

San Bruno, CA - October 15, 2009 - (RealEstateRama) -- This workshop is designed for inspection professionals including : home inspectors, building contractors, insurance adjustors, roofing contractors, energy auditors, and building maintenance professionals.

San Francisco, CA - October 13, 2009 - (RealEstateRama) -- The U.S. Environmental Protection Agency recently honored innovative green building design ideas that reduce the environmental and energy impacts of buildings. These concepts aim to help architects and builders reduce more than 88 million tons of building-related construction and demolition debris sent to U.S. landfills each year and the climate impacts of buildings and building materials

Sacramento, CA - October 12, 2009 - (RealEstateRama) -- MERIT, a leading provider of professional community association and rental management services, promoted Joe Price to Northern California Vice President of Community Management. Price will be responsible for leading the Northern California division while positioning for growth in the East Bay, Central Valley, Stockton and San Francisco markets.

SACRAMENTO, CA - October 12, 2009 - (RealEstateRama) -- New home sales in California remained at historic low levels in August signaling that the state’s housing sector may be slow to recover from a stubborn recession. The California Building Industry Association reported today that sales in new-home communities of 10 units or more, though better than July’s steep decline, were 13 percent below August 2008