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Washington, D.C. - September 12, 2011 - (RealEstateRama) -- U.S. Senator Boxer (D-CA) today praised the announcement by the Federal Housing Finance Agency that it will work to identify and reduce barriers to refinancing for millions of American homeowners who are current on their mortgage payments but underwater on their homes.

Los Angeles, CA - September 7, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of a 34,320-square-feet mixed use property located at 312 E 1st Street Los Angeles, Calif. The transaction is valued at $3.935 Million.

LOS ANGELES, CA - September 5, 2011 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown for signing AB 771, a bill that prevents home buyers in a common interest development (CID), such as a condominium or townhome, from being charged excess document fees

San Francisco, CA - September 1, 2011 - (RealEstateRama) -- Democratic Leader Nancy Pelosi released the following statement today after the Department of Housing and Urban Development announced a $30.5 million Choice Neighborhoods grant to revitalize, redevelop, and expand the Alice Griffith Housing Development, a community of 256 units of multi-family public housing in San Francisco.

LOS ANGELES, CA - August 31, 2011 - (RealEstateRama) -- Under current law, the Department of Real Estate (DRE) cannot hold an office manager responsible for failing to supervise licensees within the office. Current law only allows the DRE to hold the principal broker responsible even in situations where that broker has delegated supervisorial responsibilities to an office manager.

Woodland Hills, CA - August 30, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently directed the sale of a 34,321-square-foot industrial building located at 6033 De Soto Ave., Woodland Hills, Calif. to Sky High Sports a unique trampoline fun center for kids of all ages. The sale was valued at approximately $5.35 million.

Fresno, CA - August 29, 2011 - (RealEstateRama) -- U.S. Senator Barbara Boxer (D-CA) today reacted favorably to press reports that the Obama Administration is considering new measures to slow down foreclosures and boost the economy by taking steps similar to S.170, the Helping Responsible Homeowners Act. This bipartisan bill will help up to two million Americans to refinance their mortgages at historically low interest rates, keeping them in their homes and boosting economic growth.

SACRAMENTO, CA - August 29, 2011 - (RealEstateRama) -- California housing production fell sharply in July and posted the lowest monthly permit total since January of 2009, the California Building Industry Association announced today.

LOS ANGELES, CA - August 26, 2011 - (RealEstateRama) -- Recognizing that short sales will be a part of the California real estate landscape for years to come and with more REALTORS® continuing to experience difficulty in closing short sales, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently sent letters to the heads of the nation’s four top lenders and servicers, urging more improvements in the short-sale process.

LOS ANGELES, CA - August 26, 2011 - (RealEstateRama) -- California pending home sales dipped in July, as did the share of sales of distressed properties, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

SAN FRANCISCO, CA - August 19, 2011 - (RealEstateRama) -- Attorney General Kamala D. Harris today announced that the California Department of Justice, in conjunction with the State Bar of California, has sued multiple entities accused of fraudulently taking millions of dollars from thousands of homeowners who were led to believe they would receive relief on their mortgages.

SACRAMENTO, CA - August 19, 2011 - (RealEstateRama) -- Housing affordability in California decreased in the second quarter of 2011 as 16 of the state’s 28 metropolitan areas included in the report showed declines, the California Building Industry Association announced today.

August 17, 2011 - (RealEstateRama) -- The National Association of Housing and Redevelopment Officials (NAHRO) announced that the Housing Services Department received six Awards of Merit. Housing Services submitted Awards of Merit applications to NAHRO for noteworthy programs that can be replicated by other Housing Authorities throughout the country. The Awards of Merit were awarded to the following programs:

SACRAMENTO, CA - August 16, 2011 - (RealEstateRama) -- A real estate investor pleaded guilty today in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Sharis A. Pozen, Acting Assistant Attorney General of the Department of Justice’s Antitrust Division, and Benjamin B. Wagner, U.S. Attorney for the Eastern District of California, announced.

LOS ANGELES, CA - August 16, 2011 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched a new consumer advertising campaign that employs testimonials from consumers in order to promote the value of working with a REALTOR®. The campaign’s new theme -- “California REALTORS®. Champions of Home.” -- also will raise awareness of the REALTOR® brand and reinforce the professionalism of REALTORS® who belong to C.A.R.

LOS ANGELES, CA - August 15, 2011 - (RealEstateRama) -- California home sales fell in July but were up from the previous year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - August 11, 2011 - (RealEstateRama) -- Housing affordability fell throughout most areas of the state in the second quarter of 2011, primarily due to a seasonal increase in home prices, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - August 10, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.22 million sale of an 18-unit multifamily property that was built in 2002 and is located at 821 Wilcox Ave. in Los Angeles.

San Luis Obispo, CA - August 9, 2011 - (RealEstateRama) -- Today Congresswoman Lois Capps (CA-23) announced that the San Luis Obispo County Housing Authority has been awarded three grants from the U.S. Department of Housing and Urban Development to ensure the availability of affordable housing, including a $1.9 million Community Development Block Grant (CDBG), $1.2 million HOME grant, and nearly $92,000 Emergency Shelter Grant.

LOS ANGELES, CA - August 5, 2011 - (RealEstateRama) -- More REALTORS® characterized closing short-sale transactions as “difficult” or “extremely difficult” than late last year, indicating that lenders’ and servicers’ short-sale procedures have shown little improvement in the past six months, according to the latest Lender Satisfaction Survey conducted by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).