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California Housing Starts Post Decline in September, CBIA Announces

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.

California home sales post second consecutive monthly gain in September; median price down from...

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.)

CALIFORNIA ASSOCIATION OF REALTORS releases its California Housing Market Forecast for 2011: Small increases...

LOS ANGELES, CA - October 4, 2010 - (RealEstateRama) -- A weaker-than-expected economic recovery will result in a projected decline in California home sales for 2010, although home sales are expected to edge up slightly in 2011, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) “2011 California Housing Market Forecast” released today

August sales and price report

LOS ANGELES, CA - September 22, 2010 - (RealEstateRama) -- California home sales edged up 1.8 percent from July, but were down 14.9 percent from August 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The statewide median home price also increased 1.2 percent from July and was up 8.6 percent from a year ago.

Total Housing Starts Rise for Fourth Straight Month in August, CBIA Announces

SACRAMENTO, CA - September 22, 2010 - (RealEstateRama) -- Total housing production in California continued to rise for the fourth month in a row in August even as single-family production posted the lowest monthly total since February 2009, the California Building Industry Association announced today.

C.A.R. reports July median price increased 10.4 percent; home sales decreased 20.8 percent

LOS ANGELES, CA - August 25, 2010 - (RealEstateRama) -- California home sales decreased 20.8 percent in July compared with the same period a year ago, while the median price of an existing home rose 10.4 percent from July 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

C.A.R. reports entry-level housing affordability at 64 percent in the second quarter of 2010

LOS ANGELES, CA - August 19, 2010 - (RealEstateRama) -- The percentage of households that could afford to buy an entry-level home in California stood at 64 percent in the second quarter of 2010, compared with 67 percent for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)

California Housing Affordability Declines in Second Quarter, CBIA Announces

SACRAMENTO, CA - August 19, 2010 - (RealEstateRama) -- After posting a slight increase last quarter, housing affordability in California decreased in the second quarter of 2010 with 15 of the state’s 28 metropolitan areas included in the report showing affordability levels creeping downward, the California Building Industry Association said today

Study Shows Housing Industry’s Economic Output Down 80 Percent Since 2005

SACRAMENTO, CA - August 16, 2010 - (RealEstateRama) -- An updated version of The Economic Benefits of Housing report released today by the California Homebuilding Foundation (CHF) in conjunction with the Center for Strategic Economic Research (CSER), confirms that the housing industry’s economic output has fallen approximately 80 percent since 2005, representing a loss of tens of billions of dollars and hundreds of thousands of jobs to the state’s economy.

California Tops Regions Where Homes Sell Most Over List Price, While Florida Still Languishes,...

EMERYVILLE, CA - July 26, 2010 - (RealEstateRama) -- Despite slowdowns in home sales across the country, California is still the nation’s hottest spot for home buying activity, with homes fetching multiple offers and selling above list price, according to the Q2 2010 Home Hunter report released today by ZipRealty (ZIPR).

Housing Starts Rise Again in June, CBIA Announces

SACRAMENTO, CA - July 26, 2010 - (RealEstateRama) -- Total housing starts in California continued to gain ground in June and posted the largest monthly total since December of 2008, the California Building Industry Association announced today

C.A.R. reports June median price increased 13.6 percent; home sales decreased 4.2 percent

LOS ANGELES, CA - July 23, 2010 - (RealEstateRama) -- Home sales decreased 4.2 percent in June in California compared with the same period a year ago, while the median price of an existing home rose 13.6 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

C.A.R. reports May median price increased 23.2 percent; home sales increased 1.2 percent

LOS ANGELES, CA - June 23, 2010 - (RealEstateRama) -- Home sales increased 1.2 percent in May in California compared with the same period a year ago, while the median price of an existing home rose 23.2 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

California New-Home Market Down in April, CBIA Announces

SACRAMENTO, CA - June 17, 2010 - (RealEstateRama) -- The pace of home sales at California new-home communities continued to be notably lower than levels seen a year ago, the California Building Industry Association reported today.

C.A.R. reports April median price increased 21 percent; home sales decreased 8.1 percent

LOS ANGELES, CA - May 25, 2010 - (RealEstateRama) -- Home sales decreased 8.1 percent in April in California compared with the same period a year ago, while the median price of an existing home rose 21 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

California Housing Starts Dip in April, CBIA Announces

SACRAMENTO, CA - May 24, 2010 - (RealEstateRama) -- After three straight months of gains, total housing starts in California dipped slightly in April, but year-to-date totals were still above 2009, the California Building Industry Association announced today

Four Arrested, Five Wanted for Fleecing Hundreds of Homeowners Seeking Foreclosure Relief

LOS ANGELES, CA - May 20, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. today announced that nine men engaged in a Southern California boiler room, tricked out in high-roller style with a roulette wheel and other casino equipment, have been charged with 97 criminal counts for stealing at least $2.3 million from more than 1,500 desperate homeowners who were promised loan modifications but received no relief.

California Housing Affordability Increases in First Quarter, CBIA Announces

SACRAMENTO, CA - May 20, 2010 - (RealEstateRama) -- Housing affordability in California increased overall in the first quarter of 2010, but 13 of the state’s 28 metropolitan areas included in the report saw decreases, the California Building Industry Association said today.

C.A.R. reports entry-level housing affordability at 66 percent in the first quarter of 2010

LOS ANGELES, CA - May 14, 2010 - (RealEstateRama) -- The percentage of households that could afford to buy an entry-level home in California stood at 66 percent in the first quarter of 2010, compared with 69 percent for the same period a year ago

California New-Home Sales Rise From February, CBIA Announces

Still below year-ago levels however. SACRAMENTO, CA - May 13, 2010 - (RealEstateRama) -- The pace of home sales at California new-home communities rose a bit in March from February but continued to be notably lower than levels seen a year ago, the California Building Industry Association reported today

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