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Inman News integrated with My C.A.R. mobile app. LOS ANGELES, CA - August 4, 2009 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and Inman News today announced that Inman News stories will appear as a menu item in My C.A.R, the first native iPhone application for use by a REALTOR® association. The mobile application, available at no charge for members of C.A.R. also features: market data for 21 regions in California, current loan information, highlights from C.A.R’s “Market Matters” newsletter, association resources, the ability to search for license renewal and continuing education courses, hot item news alerts, and links to information that may be of interest to C.A.R. directors

Amador County, Paradise, and Plumas associations of REALTORS® join calREDD™, the statewide Multiple Listing Service. LOS ANGELES, CA - August 4, 2009 - (RealEstateRama) -- calREDD™ today announced that the Paradise Association of REALTORS®, Amador County Association of REALTORS®, and Plumas Association of REALTORS® have joined calREDD™, the statewide Multiple Listing Service (MLS).

July 30, 2009 - (RealEstateRama) -- The Long Beach Housing Development Company is sponsoring a series of free foreclosure workshops all over the City. Taking place in each Council District, the workshop will focus on foreclosure prevention, and will address the foreclosure process, foreclosure loan scams, mortgage refinancing, and loan modification programs. It will be facilitated by the Los Angeles Neighborhood Housing Services (LANHS), a HUD-approved housing counseling agency

Authored by Rep. Miller, the Bill Will Provide Assistance to Struggling Homeowners Washington, DC - July 29, 2009 - (RealEstateRama) -- Today, the House of Representatives unanimously passed H.R. 2529, the Neighborhood Preservation Act. This legislation, authored by Reps. Gary Miller (R-CA) and Joe Donnelly (D-IN), will address the persistence of foreclosures and large unsold housing inventories in order to give families a chance to stay in their homes, stabilize home values, and restore overall confidence in the housing market.

C.A.R. reports June home sales increased 20.1 percent, median home price declined 26.4 percent. LOS ANGELES, CA - July 27, 2009 - (RealEstateRama) -- Home sales increased 20.1 percent in June in California compared with the same period a year ago, while the median price of an existing home declined 26.4 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

SAN FRANCISCO, CA - July 27, 2009 - (RealEstateRama) -- For the first time, the Environmental Protection Agency’s Green Power Partnership recognized 20 partners from across the nation for generating the most green electricity on site. Eight of the organizations are located in California, listed below

SACRAMENTO,CA - July 23, 2009 - (RealEstateRama) -- Total housing starts saw a significant increase in June when compared to May, which the California Building Industry Association said was additional evidence that the state new-homebuyer tax credit enacted earlier this year is helping to generate new-home sales, and in turn, job-generating home construction.

July 22, 2009 - (RealEstateRama) -- Mayor Gavin Newsom and Supervisor Carmen Chu announced today that the Mayor’s Office of Housing has received a special Mortgage Credit Certificate (MCC) allocation of $9.8 million dollars to prevent families from losing their homes to foreclosure under the 2008 Housing Assistance Tax Act. This funding provides homeowners with a vehicle to refinance sub-prime loans into traditional 30 year loans that they can afford. In addition, the funding can be used by first time homebuyers to purchase bank owned and short sale properties.

WASHINGTON, DC - July 21, 2009 - (RealEstateRama) -- Congresswoman Doris Matsui (CA-5) today announced an additional $570,000 to help combat homelessness among Sacramento’s veterans through the Department of Housing and Urban Development’s (HUD) Veterans Affairs Supportive Housing Program (VASH). Vouchers will be made available to the Sacramento Housing and Redevelopment Agency (SHRA) to help provide permanent supportive housing for homeless veterans throughout the Sacramento community. The vouchers will be distributed to 70 displaced veterans and their families in Sacramento immediately

Washington, DC - July 16, 2009 - (RealEstateRama) -- Attorney General Eric Holder today announced that $500,000 in Recovery Act funds have been awarded to the Support for Harbor Area Women’s Lives (SHAWL) House, a program of the Volunteers of America of Los Angeles (VOALA).

July 16, 2009 - (RealEstateRama) -- Mayor Gavin Newsom today announced that the California Department of Housing and Community Development has awarded over $96 million in funds to housing developments in San Francisco seeking to start construction. Awards were from two State programs created through the 2006 passage of Proposition 1C; the Transit Oriented Development and Infill Infrastructure Grant programs.

Three associations of REALTORS® join calREDD™, the statewide Multiple Listing Service. LOS ANGELES, CA - July 15, 2009 - (RealEstateRama) -- calREDD™ today announced that the Mariposa County Board of REALTORS®, Tehama County Association of REALTORS®, and the Yosemite Gateway Association of REALTORS® have joined calREDD™, the statewide Multiple Listing Service (MLS).

Inland County Took Action to Incentivize Homebuilding and Create Jobs. July 16, 2009 - (RealEstateRama) -- Riverside County became the latest California jurisdiction to reduce development impact fees charged to homebuilders, which the California Building Industry Association said is a growing trend that is paying off.

Los Angeles, CA - July 15, 2009 - (RealEstateRama) — As part of a massive federal-state crackdown on loan modification scams, Attorney General Edmund G. Brown Jr. at a press conference today announced the filing of legal action against 21 individuals and 14 companies who ripped off thousands of homeowners desperately seeking mortgage relief.

July 15, 2009 - (RealEstateRama) — The Jordan Downs Recreation Center served as the meeting place for the Jordan Downs Redevelopment planning meetings. Residents,...

Washington, D.C. - July 10, 2009 - (RealEstateRama) — Today, U.S. Senator Barbara Boxer (D-CA) sent a letter to Federal Housing Finance Agency Director James Lockhart applauding the Administration’s recent decision to expand the Home Affordable Refinance plan, which allows responsible borrowers whose home values have declined to refinance their Fannie Mae or Freddie Mac loans and take advantage of historically low mortgage rates.

SACRAMENTO, CA - July 10, 2009 - (RealEstateRama) — The pace of home sales at California new-home communities in May was still below year-ago levels but continued to improve from preceding months, the California Building Industry Association reported today.

Los Angeles, CA - July 8, 2009 - (RealEstateRama) — Attorney General Edmund G. Brown Jr. July 6 sued a foreclosure consultant and an attorney -- Paul Noe Jr. and Mitchell Roth - who conned 2,000 desperate homeowners into paying exorbitant fees for "phony lawsuits" to forestall foreclosure proceedings.

Funds Will Provide Housing for Disabled Families Throughout Sacramento. WASHINGTON, DC - July 8, 2009 - (RealEstateRama) — Congresswoman Doris Matsui (CA-05) today announced $878,784 in federal funds for low-income housing initiatives has been allocated to the Sacramento region. The U.S. Department of Housing and Urban Development (HUD) will provide $878,784 to the Sacramento Housing and Redevelopment Agency through the Housing Choice Vouchers Program to provide housing for local disabled families.

Increased affordability, low mortgage rates motivating home buyers, according to C.A.R.’s “2009 Survey of California Home Buyers”. LOS ANGELES, CA - July 7, 2009 - (RealEstateRama) — Favorable home prices, record-low interest rates, and the belief that rates will rise in the near future were the primary motivators leading home buyers to purchase in 2009 compared with last year, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009 Survey of California Home Buyers” released today. Sixty-eight percent of buyers said price decreases motivated them to buy a home, while 39 percent reported low interest rates helped them move to a better location. Twenty-three percent claimed the likelihood that rates will move up as the motivating factor.