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Washington, DC - December 1, 2011 - (RealEstateRama) -- This morning, the House Financial Services Committee held a hearing on the health of the Federal Housing Administration (FHA) Insurance Fund. Prior to this morning’s hearing, Congressman Gary Miller met with Housing and Urban Development (HUD) Secretary Shaun Donovan and FHA Commissioner Carol J. Galante to discuss the impact of California’s Tehachapi Renewable Transmission Project on Chino Hills’ homeowners. Following their discussion, Congressman Miller issued this statement:

Petaluma, CA - December 1, 2011 - (RealEstateRama) -- HydroPoint Data Systems, Inc., The Proven Leader in Smart Water Management announced today its customer PEP Housing has reduced outdoor water consumption by 40 percent with WeatherTRAK Smart Irrigation controllers at 12 senior housing communities in Sonoma County. The 58-unit Casa Grande Senior Apartments in Petaluma, California recently received a Met Life Foundation Award for Excellence in Affordable Housing, recognizing best practices in green, service-enriched housing for low-income seniors. The Casa Grande property is also the county's first Green Point rated multi-family project.

Voit’s Sacramento Team Completes 51 Office Transactions Encompassing 296,103 Square Feet in Greater Sacramento   Voit’s Sacramento office team has completed 20 office sales...

Washington, DC - November 29, 2011 - (RealEstateRama) -- Congresswoman Waters (CA), Ranking Member on the Subcommittee on Capital Markets and Government Sponsored Enterprises,...

San Francisco, CA - November 28, 2011 - (RealEstateRama) -- Last spring, Oliver Burgelman, Realtor with Zephyr Real Estate, developed a new market-tracking website tool called PriceSquares.com. The site originally covered properties in San Francisco, but the demand for expansion quickly became apparent, particularly for the North Bay. Consequently, the site now includes Marin, Napa, Sonoma, Solano and Mendocino counties. The site also has undergone some visual changes for a cleaner and more user-friendly interface.

SACRAMENTO, CA - November 24, 2011 - (RealEstateRama) -- Attorney General Kamala D. Harris announced that Angeline Lisa Lizarrago, 69, of Fremont, was sentenced today to five years for a foreclosure scam in which dozens of struggling Bay Area and Central Valley homeowners paid for foreclosure services that were never delivered.

LOS ANGELES, CA - November 22, 2011 - (RealEstateRama) -- Pending home sales in California rose in October and were up from the previous year for the sixth consecutive month. Additionally, distressed home sales rose in October from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

SACRAMENTO, CA - November 22, 2011 - (RealEstateRama) -- California housing production increased for the third consecutive month in October as builders pulled permits for 17 percent more housing units when compared to October 2010, the California Building Industry Association announced today.

LOS ANGELES, CA - November 18, 2011 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Leadership Team for 2012 is now in place. LeFrancis Arnold is the Association’s 2012 president; REALTOR® Don Faught is president-elect; Chris Kutzkey is treasurer; and Joel Singer is state secretary. The officers for 2012 began their official term earlier this week at the close of the NATIONAL ASSOCIATION OF REALTORS® (NAR) Conference and Expo in Anaheim, Calif.

LOS ANGELES, CA - November 18, 2011 - (RealEstateRama) -- The U.S. Congress late yesterday passed a “minibus” appropriations measure that will continue to fund the government and includes a provision to reinstate the Federal Housing Administration (FHA) loan limit in high-cost areas for two years. President Obama signed the measure into law today.

VOIT REAL ESTATE SERVICES LAUNCHES RETROSPECTIVE CAMPAIGN REFLECTING 40 YEARS IN COMMERCIAL REAL ESTATE   NEWPORT BEACH, Calif.,  (NOVEMBER 8, 2011) –  Voit Real Estate Services...

SACRAMENTO, CA - November 17, 2011 - (RealEstateRama) -- Californians were able to afford a higher percentage of homes sold in the third quarter of 2011 as housing affordability increased in 22 of the state’s 28 metropolitan areas included in the report, the California Building Industry Association announced today.

SACRAMENTO, CA - November 16, 2011 - (RealEstateRama) -- According to a new study released today, the use of residential nexus analysis (RNA) in determining inclusionary housing percentage requirements and in-lieu fees for both residential and commercial development is unreliable and often produces highly inflated affordable housing requirements and in-lieu fees, the California Homebuilding Foundation announced today.

Washington DC - November 16, 2011 - (RealEstateRama) -- This week Congress is expected to pass legislation championed by Congressman Brad Sherman (D-CA) to extend higher housing loan limits as part of a bill that will fund several agencies through 2012 and the rest of the government on a temporary basis. The bill, known as the “minibus conference report,” includes a provision to extend higher Federal Housing Administration (FHA) loan limits for 2 years in high cost areas of the country.

LOS ANGELES, CA - November 16, 2011 - (RealEstateRama) -- California home sales posted a marginal increase in October and also were above year-ago levels, according to figures released today from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

SACRAMENTO, CA - November 14, 2011 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced that Glenn Watkins, 31; Kevin Watkins, 26; and Frederick Davis, 41, all of Elk Grove, pleaded guilty today to mail fraud for a mortgage fraud scheme.

LOS ANGELES, CA - November 11, 2011 - (RealEstateRama) -- Lower home prices and record-low interest rates in the third quarter of 2011 contributed to an improvement in housing affordability for California home buyers, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - November 10, 2011 - (RealEstateRama) -- Real Estate Business Services® (REBS®) today announced that the Downey Association of REALTORS® has signed an agreement to provide zipForm® Mobile Web Edition as a free member benefit to its nearly 1,400 REALTOR® members beginning December 2011.

LOS ANGELES (November 3, 2011) - Enterprise Community Partners (Enterprise) announced today a new partnership with Citi that will expand community revitalization efforts aimed at responding to the effects of the foreclosure crisis in California. The program will involve the use of funds from the U.S. Department of Housing and Urban Development’s Neighborhood Stabilization Program (NSP), which is intended to stabilize communities that have suffered from foreclosures and abandonment.

Washington, DC - October 28, 2011 - (RealEstateRama) -- Congresswoman Waters (CA), Ranking Member on the Subcommittee on Capital Markets and Government Sponsored Enterprises, today led 15 of her colleagues in the House of Representatives, renewing her call for U.S. bank regulators to publicly release information regarding the steps that mortgage servicers are taking to prevent illegal foreclosure practices.