March 30, 2009 - (RealEstateRama) — The City of Long Beach is proposing an update to the Housing Element of the Long Beach General Plan. The Housing Element is a comprehensive assessment of current and projected housing needs for all economic segments of the City. It sets forth various goals, policies, and programs addressing these local housing needs. This Housing Element, which will cover a planning period extending through June 30, 2014, is an update of the City's 2000-2005 Housing Element

WASHINGTON, D.C. - March 30, 2009 - (RealEstateRama) — Congresswoman Lois Capps today announced that several Central and South Coast communities would be receiving Energy Efficiency and Renewable Energy grants totaling over $6.6 million. The funding is being provided by the recently enacted American Recovery and Reinvestment Act (ARRA) through formula grants that are being distributed by the Department of Energy. The money goes to projects that reduce total energy use, cut fossil fuel emissions, and improve energy efficiency nationwide.

WASHINGTON, D.C. - March 30, 2009 - (RealEstateRama) — Congresswoman Lois Capps today announced that several Central and South Coast public housing authorities will be receiving funding through the recently enacted American Recovery and Reinvestment Act of 2009 (ARRA) for improvement projects to promote energy efficiency. Among those communities in the 23rd Congressional District receiving funding are

March 27, 2009 - (RealEstateRama) — On February 17, 2009 President Barack Obama signed the American Recovery and Reinvestment Act, commonly known as the stimulus package. Overall, the stimulus is a mixed bag for the real estate industry, as it provides some significant benefits but several provisions beneficial to the industry were scaled back significantly in the final negotiations between the House and Senate.

A California Court last month ruled that a seller of a condominium could be liable for fraud because that seller did not disclose to the buyer of the condo that water intrusion problems were so bad that two (2) separate lawsuits were filed to address them.

March 26, 2009 - (RealEstateRama) — Governor Arnold Schwarzenegger joined Sacramento Mayor Kevin Johnson today to announce the state’s participation in a plan that will serve as a first step to addressing Sacramento’s homeless issue by helping the city temporarily relocate homeless people living in “Tent City” to Cal Expo

LOS ANGELES, CA - March 25, 2009 - (RealEstateRama) — Home sales increased 83 percent in February in California compared with the same period a year ago, while the median price of an existing home declined 40.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.“Home sales in California continue to be considerably stronger than the nationwide sales figures,” said C.A.R. President James Liptak.

SACRAMENTO - March 25, 2009 - (RealEstateRama) — Housing production continued to decline in February, the California Building Industry Association announced today, but CBIA officials were optimistic as builders reported increased traffic at sales offices in recent weeks and cited the recently enacted state and federal tax credits as the primary cause

BEVERLY HILLS, CA - March 24, 2009 - (RealEstateRama) — Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted an auction of “Queen Anne Hill”, 12 luxury Condominiums situated in Seattle's world class residential district listed on the National Register of Historic Places.

SAN DIEGO, CA - March 24, 2009 - (RealEstateRama) — Attorney General Edmund G. Brown Jr. and the Contractors State License Board (CSLB) have finalized an agreement that will stop a massive service and repair scheme that unfairly overcharged thousands of Californians for "shoddy and woefully inadequate" home repair work.

American Recovery and Reinvestment Act Providing over $9 Million for Senior Nutrition Programs and $145 Million for the Neighborhood Stabilization Program WASHINGTON, D.C. - March 23, 2009 - (RealEstateRama) — Congresswoman Lois Capps today announced that California will receive additional economy recovery funds, including $9,827,504 for senior nutrition programs and $145,000,000 for the Neighborhood Stabilization Program (NPS).

March 20, 2009 - (RealEstateRama) — The California Reinvestment Coalition, Woodstock Institute, Neighborhood Economic Development Advocacy Project and the Community Reinvestment Association of North Carolina are calling on Earvin “Magic” Johnson to stop promoting predatory tax refund anticipation loans this tax season as part of his partnership with Jackson Hewitt, the franchise tax preparer notorious for preying on low-income people.

March 20, 2009 - (RealEstateRama) — Irvington Terrace, designed by MVE & Partners, Inc., a California-based architectural firm, was named Multifamily Community of the Year today by the National Association of Home Builders (NAHB). The winning community, which also was named the winner in the Best Affordable Apartment category, was selected by the judges from the winners of all 17 builder-category awards.

SACRAMENTO, CA - March 17, 2009 - (RealEstateRama) — Completed foreclosures in February reached the highest monthly total since the foreclosure crisis began, soaring by more than 67 percent over January’s reduced foreclosures, according to the latest U.S. Foreclosure Index released today by ForeclosureS.com, a leading real estate information provider.

State To Utilize Federal Economic Stimulus Funds & Public-Private Partnerships For Green Jobs Training Immediately after meeting with President Obama’s Secretary of Labor Hilda Solis in Sacramento to discuss federal economic stimulus funding and job creation, Governor Arnold Schwarzenegger today launched the California Green Corps.

Association says recent sales spurred by homebuyer tax credits may cause January to be bottom of cycle

Part of Nearly $8 billion in American Recovery and Reinvestment Act Funding for Energy Efficiency Efforts Nationwide that will Create Thousands of Jobs and Lower Energy Costs for Families, Schools, and Businesses

SACRAMENTO, CA - March 12, 2009 - (RealEstateRama) — The California Building Industry Association announced today that it is endorsing two voluntary green building programs for its members that wish to build homes that exceed the state’s toughest-in-the-nation energy-efficiency and water conservation standards

Washington, DC - March 11, 2009 - (RealEstateRama) — U.S. Senators Dianne Feinstein (D-Calif.), Barbara Boxer (D-Calif.), Amy Klobuchar (D-Minn.) and Olympia Snowe (R-Maine) today applauded the move by the Environmental Protection Agency (EPA) to issue a draft rule-making to establish an economy-wide greenhouse gas emissions registry, an essential first step towards a cap-and-trade system to reduce emissions

New York, N.Y - March 10, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s leading general builder, today announced that the First Quarter 2009 Turner Building Cost Index, which projects domestic commercial building construction costs, has decreased 5.77% from the Fourth Quarter 2008