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Congresswoman Laura Richardson Announces that HUD is Set to Provide $6.15 Million to Combat...

WASHINGTON, DC - January 12, 2010 - (RealEstateRama) -- With the dramatic increase in homeless families caused by the current economic downturn affecting California and the nation, Congresswoman Laura Richardson is pleased to announce that the U.S. Department of Housing and Urban Development (HUD) is providing $6,152,772 to the City of Long Beach for preventing and decreasing homelessness.

calREDD, the statewide Multiple Listing Service, launches in Lake County

LOS ANGELES, CA - January 12, 2010 - (RealEstateRama) -- calREDD™ today announced that members of the Lake County Association of REALTORS® now can view properties for sale, place listings, prepare CMAs, and access agents for referrals via calREDD™, the statewide Multiple Listing Service (MLS), which officially launched in Lakeport, Calif. today

Residents Invited to Free “Home Ownership and Credit” Workshop on Jan. 13

January 7, 2010 - (RealEstateRama) -- Long Beach residents are invited to a "Home Ownership and Credit" workshop on Wednesday, January 13, from 6:00 to 7:30 pm at the Neighborhood Resource Center, 425 Atlantic Ave.

Homebuilders Applaud Governor Schwarzenegger for Prioritizing Jobs, Economic Recovery and Housing in State of...

SACRAMENTO, CA - January 7, 2010 - (RealEstateRama) -- California homebuilders applauded Governor Schwarzenegger for his determination to reinvigorate the state’s economy by focusing on jobs, streamlining the construction permitting process and establishing a new homebuyer tax credit.

Orange County Association of REALTORS renews Clarus MarketMetrics and Clarus Investor as member benefits

LOS ANGELES, CA - January 5, 2010 - (RealEstateRama) -- Real Estate Business Services Inc. (REBS) today announced that the Orange County Association of REALTORS (OCAR) has signed an agreement to provide both Clarus MarketMetrics and Clarus Investor as free member benefits for an additional 12 months. Clarus MarketMetrics and Clarus Investor®, together, retail for $480 for an annual subscription.

Housing Production Posts Decrease in November, CBIA Announces

SACRAMENTO, CA - December 24, 2009 - (RealEstateRama) -- Housing construction in California continued to decrease in November and is on track to set a record for the least amount of homes produced in a single year, the California Building Industry Association announced today.

Homebuyer Tax Credit – Morgan Hill Real Estate Update

Morgan Hill, CA - December 23, 2009 - (RealEstateRama) -- After much speculation by the general populace (and the real estate industry) and much consternation by Congress, the much-anticipated extension of the First-Time Homebuyer Tax Credit has been passed.

C.A.R. reports November home sales increased 4.7 percent; median home price increased 5.8 percent

LOS ANGELES, CA - December 23, 2009 - (RealEstateRama) -- Home sales increased 4.7 percent in November in California compared with the same period a year ago, while the median price of an existing home rose 5.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Clear Capital APPOINTS Mike ousley to lead appraisal Team

30-Year Industry Veteran Brings Extensive Real Estate Assessment Expertise to Top Appraisal Post. Truckee, CA - December 22, 2009 - (RealEstateRama) -- Clear Capital, a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, today announced the appointment of Mike Ousley as the company's Executive Vice President, Appraisal Group, reporting to Duane Andrews, Clear Capital CEO, and Kevin Marshall, Clear Capital President.

Mortgage Protection Program extended through 2010

Program has benefited more than 3,100 first-time home buyers in California. LOS ANGELES, CA - December 22, 2009 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today announced it is extending its Mortgage Protection Program (MPP) for first-time home buyers through Dec. 31, 2010. To date, C.A.R. has approved benefits for 3,122 first-time home buyers at no cost to the consumer.

Senators Feinstein and Merkley Introduce Measure to Spur Renewable Energy Development

Washington, DC - December 18, 2009 - (RealEstateRama) -- U.S. Senators Dianne Feinstein (D-Calif.) and Jeff Merkley (D-Ore.) today introduced a measure to spur the development of renewable energy employment and construction, such as wind and solar farms and solar panel factories. The bill would primarily extend and expand a popular Treasury Department grant program that was established in Section 1603 of the American Recovery and Reinvestment Act of 2009 in order to help diminish the impact of the economic crisis on the renewable energy sector

MORTGAGE WORKOUT SOLUTIONS FOR AT-RISK CALIFORNIA HOMEOWNERS OUTPACE FORECLOSURE SALES 2-1

Washington, D.C.- December 16, 2009 - (RealEstateRama) -- Faith Schwartz, Executive Director, of the HOPE NOW Alliance, testified today before the State Assembly Select Committee on the Safety and Protection of At-Risk Communities in California. Schwartz testified that through October 2009, more than 279,000 California homeowners received mortgage workout solutions. This compared to about 139,000 foreclosure sales in the state this year shows that workout solutions outpace foreclosures in sales 2 to 1 in California

Matsui Anti-Foreclosure Amendment Adopted Into Wall Street Reform Act

Fights to Keep American Families in Their Homes. WASHINGTON, DC – The House of Representatives passed an amendment offered by Congresswoman Doris Matsui (D–California) to the Wall Street Reform and Consumer Protection Act (H.R. 4173) yesterday, which requires mortgage servicers or lenders participating in the Making Home Affordable Program to publicly report their progress in helping responsible homeowners stay in their homes. The amendment was introduced by Congresswoman Matsui with Rep. Betty Sutton (D–Ohio) and Rep. Kathy Castor (D–Florida), and debated on the House floor. Passage of H.R. 4173 is expected today.

$4 Billion In TARP Funds To Help With Foreclosures

WASHINGTON, DC - December 14, 2009 - (RealEstateRama) -- Congress took significant action to reform the nation’s financial system today with the passage of The Wall Street Reform and Consumer Protection Act. Passed with Congressman Cardoza’s support, the bill also includes provisions he requested that take aim at the nation’s continuing foreclosure crisis.

California New-Home Market Breaks into Positive Territory, CBIA Announces

SACRAMENTO, CA - December 10, 2009 - (RealEstateRama) -- The pace of home sales at California new-home communities rose above year-ago levels for the first time since December of 2006, the California Building Industry Association reported today

Gov. Schwarzenegger Celebrates Grand Opening of Ventura Veterans Home

December 7, 2009 - (RealEstateRama) -- Continuing his commitment to California’s veterans, Governor Arnold Schwarzenegger today joined California Department of Veterans Affairs (CDVA) Secretary Roger Brautigan and commanding officer of the Naval Base Ventura County Captain James McHugh to celebrate the grand opening of California Veterans Home, Ventura (CVH-Ventura), the newest state veterans home which will provide housing and long-term care for many of California’s veterans

Federal Home Loan Bank of San Francisco, Local Organizations Host Foreclosure Prevention Workshops

Events in Ukiah and Lakeport Help Consumers Facing Housing Issues. Ukiah, CA - November 27, 2009 - (RealEstateRama) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco), working with the Mendocino/Lake Housing Foreclosure Prevention Coalition, hosted community housing workshops last weekend in Mendocino and Lake Counties

California Housing Starts Continue Decline in October, CBIA Announces

SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) -- Construction of new homes in California continued to decline in October, prompting California homebuilders to call on state lawmakers to reexamine the benefits of the state new-home buyer tax credit enacted earlier this year in hopes of getting similar legislation passed to stimulate the housing sector and the economy, the California Building Industry Association announced today.

California Housing Affordability Continues to Decrease, CBIA Announces

California still home to half of the top 20 least affordable markets. SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) -- Housing affordability continued to creep downward throughout the state during the third quarter of 2009 as a result of incremental price increases due to increased demand for homes, the California Building Industry Association said today

MAYOR VILLARAIGOSA APPOINTS DOUGLAS GUTHRIE AS NEW GENERAL MANAGER OF THE LOS ANGELES HOUSING...

LOS ANGELES, CA - November 23, 2009 - (RealEstateRama) -- Mayor Antonio Villaraigosa today announced the appointment of Douglas Guthrie as the new General Manager of the Los Angeles Housing Department (LAHD). Mr. Guthrie brings with him a wealth of experience in community development, housing affordability and urban policy.

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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