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Victor Valley Association of REALTORS® renews Clarus MarketMetrics for additional two years

LOS ANGELES, CA - June 8, 2010 - (RealEstateRama) -- Real Estate Business Services Inc. (REBS) today announced that the Victor Valley Association of REALTORS® (VVAR) has signed an agreement to provide Clarus MarketMetrics® as a free MLS member benefit for an additional two years. Clarus MarketMetrics® retails for $240 for an annual subscription

Rep. Matsui Announces $650,000 in Federal Funding to Help House Homeless Veterans in Sacramento

SACRAMENTO, CA - June 7, 2010 - (RealEstateRama) -- Congresswoman Doris O. Matsui (D-Sacramento) today announced that Sacramento County will receive $650,637 this year from the Department of Housing and Urban Development’s (HUD) Veterans Affairs Supportive Housing (VASH) Program. This amount represents a 14-percent increase over last year’s funding for the VASH Program, which makes vouchers available for Sacramento-area displaced veterans and their families. Funds will be available through the Sacramento Housing and Redevelopment Agency (SHRA).

Congresswoman Laura Richardson Announces $881,808 Grant for Long Beach Housing Authority to Provide Housing...

WASHINGTON, DC - June 7, 2010 - (RealEstateRama) -- Congresswoman Laura Richardson announced a grant of $881,808 from the U.S. Department of Housing and Urban Development (HUD) and Veterans Affairs Supportive Housing (VASH) has been awarded to the Long Beach Housing Authority to assist homeless U.S. veterans returning from the wars in Iraq and Afghanistan.

Victory for consumers as California Senate approves SB 1178 extending anti-deficiency protection

LOS ANGELES, CA - June 4, 2010 - (RealEstateRama) -- The California Senate this morning approved SB 1178 (D-Corbett) by a 30 to 4 vote, extending anti-deficiency protection for consumers who have refinanced their original mortgage loans and now are facing foreclosure. The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is the sponsor of the consumer protection legislation.

Gov. Schwarzenegger Launches Operation Welcome Home for California’s Veterans

June 3, 2010 - (RealEstateRama) -- Building on his commitment to strengthen employment, economic opportunities and services for California’s veterans and their families, Governor Arnold Schwarzenegger today launched Operation Welcome Home, a first-in-the-nation, statewide campaign to connect every returning veteran with the services they need to transition successfully from the battlefront to the home front.

AFFORDABLE HOUSING FOR OUR MOST NEEDY

May 31, 2010 - (RealEstateRama) - Mayor Antonio Villaraigosa today celebrated the Grand Opening of the Manchester- a senior public housing community in South Los Angeles."One of my highest priorities is to increase our City's supply of affordable housing," said Mayor Villaraigosa. "And today, we're putting words into action."

Federal and State Public Assistance Grants to assist Imperial County with clean-up and rebuilding

Pasadena, CA - May 28, 2010 - (RealEstateRama) -- After a federally declared disaster, like the magnitude 7.2 earthquake that struck Imperial County April 4, getting money to reimburse communities for emergency response and debris removal, and to repair or rebuild damaged public facilities is a critical part of the response and recovery process

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

Washington, DC - May 24, 2010 - (RealEstateRama) -- Representatives from more than a dozen mortgage servicers plus several local HUD-approved housing counselors were on hand last week in Anaheim and San Bernardino, California to assist struggling homeowners with their mortgages

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. calls for swift passage of SB 1178 extending anti-deficiency protection for consumers

LOS ANGELES, CA - May 20, 2010 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is calling on California state senators to vote “yes” and approve SB 1178 (D-Corbett), which will extend anti-deficiency protection for consumers who have refinanced their original mortgage loans and now are facing foreclosure. C.A.R. is the sponsor of the legislation

CALIFORNIA ASSOCIATION OF REALTORS issues alert to warn consumers about liability associated with refinanced...

LOS ANGELES, CA - May 19, 2010 - (RealEstateRama) -- Facing the possibility of foreclosure, California homeowners may be hit with more than just losing their homes. Due to a loophole in state law, they also can be sued by their lender. For people who have refinanced a property, even if the money is used for home improvements, there is no protection should the borrower default on a mortgage that’s greater than the property’s value. Called a “deficiency” liability, under current California law, the lender can sue the former homeowner for the amount of the deficiency even after taking back the property

Residents can Learn how U.S. Housing and Urban Development Money is Spent in their...

May 18, 2010 - (RealEstateRama) -- Long Beach residents can learn how federal Housing and Urban Development money is spent in their neighborhood by attending the Anaheim Street Community Police Center's monthly meeting on Tuesday, May 18, from 5:00 to 6:30 pm at the Mark Twain Neighborhood Library Community Room, 1401 E. Anaheim St.

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

Californians invited to share “Your Piece of California” stories via Facebook, Twitter

LOS ANGELES, CA - May 11, 2010 - (RealEstateRama) -- Californians have an opportunity to share what living here means to them as part of the CALIFORNIA ASSOCIATION OF REALTORS®’ “Your Piece of California. Your Peace of Mind.” 2010 Consumer Advertising Campaign.

Oroville Association of REALTORS® offers Clarus MarketMetrics as a member benefit

LOS ANGELES, CA - May 11, 2010 - (RealEstateRama) -- Real Estate Business Services® (REBS®) today announced that the Oroville Association of REALTORS® has signed an agreement to provide Clarus MarketMetrics® as a member benefit to its more than 100 REALTOR® members. The Oroville Association of REALTORS® joins the Chico, Lake County, and Merced County associations of REALTORS®, all part of the calREDD® MLS system, in offering this member benefit.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR CALIFORNIA EARTHQUAKE VICTIMS

WASHINGTON, DC - May 11, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to Imperial County in California and provide support to homeowners and low-income renters forced from their homes following last month's earthquake.

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Napolitano’s Statement on Trump Administration’s Attack on Clean Water

Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans