Archives
Veterans Homes of California Cut Water Usage
Sacramento - January 20, 2013 - (RealEstateRama) -- Today the eight Veterans Homes of California have begun implementing water conservation measures in compliance with Governor Brown’s directive to cut water usage and prepare for the ongoing drought conditions in California
Garamendi Praises Colusa & Fairfield for Securing Housing Grants for First-Time Homebuyers and Owner-Occupied...
WALNUT GROVE, CA - January 20, 2013 - (RealEstateRama) -- Today, Congressman John Garamendi (D-Fairfield, CA), whose Sacramento Valley-based District was one of the areas hardest hit by the housing crisis, congratulated the cities of Colusa and Fairfield on obtaining grants to improve housing for their residents. The California Department of Housing and Community Development awarded HOME Investment Partnership grants to Colusa of $350,000 for its First-Time Homebuyer Program and $350,000 for its Owner-Occupied Rehabilitation Program. Fairfield was awarded $400,000 for its First-Time Homebuyer Program and $100,000 for its Owner-Occupied Rehabilitation Program.
Real Estate Fraud Resources in Yolo County
Woodland, CA - January 17, 2013 - (RealEstateRama) -- The dream of home ownership remains one of the most important goals of many Yolo County citizens. The Yolo County Real Estate Fraud Advisory Team (“REFAT”) brings together industry professionals and law enforcement to protect residents of Yolo County from becoming victims of real estate fraud. Yolo REFAT is comprised of the Yolo County District Attorney’s Office, the Yolo County Board of Realtors, the Yolo County Clerk-Recorder’s Office, the Yolo County Assessor’s Office and industry professionals from across Yolo County.
Home sellers excited about the market again; have confidence to repurchase, C.A.R. survey finds
LOS ANGELES - January 16, 2013 - (RealEstateRama) -- Home sellers are more optimistic about repurchasing a home than in the past few years, thanks to strong growth in home prices, record-low interest rates, and better personal financial situations, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2013 California Home Sellers Survey.”
Bay Area Home Sales Drop to Six-Year Low; Prices Still Up Sharply Yr/Yr
La Jolla, CA. - January 16, 2013 - (RealEstateRama) -- Last month’s Bay Area home sales were the slowest for a December in six years, the result of a constrained supply of homes for sale. Prices continued to rise on a year-over-year basis, although at a slower pace than earlier in 2013, a real estate information service reported.
Pircher, Nichols & Meeks Hires Philip Hyun As New Associate
LOS ANGELES - January 15, 2013 - (RealEstateRama) -- Pircher, Nichols & Meeks, a national real estate law firm with offices in Los Angeles and Chicago, announced that Philip Hyun has joined the firm as an associate in the Los Angeles office. Hyun has a diverse law background, which includes a range of experience in due diligence for commercial real estate sales and purchase transactions.
Lee & Associates Riverside Releases Fourth Quarter Industrial Market Summary
Torrance, CA - January 14, 2013 - (RealEstateRama) -- The Riverside office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, has released its fourth quarter 2013 Industrial Market Summary for manufacturing/distribution buildings for the East Valley Market in Southern California’s Inland Empire
Southland December Home Sales at Six-Year Low; Median Price Jumps
La Jolla, CA - January 14, 2013 - (RealEstateRama) -- Southern California home sales fell to a six-year low for the month of December as investor activity eased again and buyers struggled with a tight inventory of homes for sale. The median price paid for a home jumped to the highest level in nearly six years, the result of demand outstripping supply, declining distress sales and a slight increase in the share of sales in mid- to high-end areas, a real estate information service reported
Lee & Associates Negotiates $6.9 Million Sale at Auto Retail Park in Covina
COVINA, Calif. - January 13, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has negotiated the $6.9 million sale of an automotive/retail park and storage facility in Covina, Calif. Brian Garbutt, Adam Wicker and Dave Smith, all senior vice presidents in Lee’s Irvine office, represented the seller, RJ Covina Investors, LLC. The buyer, Monrovia Stor-All, LLC, was represented by Edward Matevosian of CBRE.
BH Properties Ends 2013 With A Record Year
LOS ANGELES - January 9, 2013 - (RealEstateRama) -- BH Properties, LLC, demonstrating its expertise in repositioning real estate through resolving difficult transactions and overcoming time-sensitive closing factors, is reporting a banner year with $100 million in transaction volume and $82 million in acquisitions, a 57 percent increase over the previous year’s results
Lee & Associates Negotiates $5.5 Million Industrial Sale in Lake Forest
LAKE FOREST, Calif. - January 8, 2013 - (RealEstateRama) -- Kurt Bruggeman, senior vice president at Lee & Associates Irvine, has negotiated the $5.5 million sale of a 37,520-square-foot industrial building, located at 20662 Prism Pl., in Lake Forest, Calif. This deal comes on the heels of a $37 million sale that Bruggeman and Ryan Swanson, also a senior vice president with Lee Irvine, brokered in Costa Mesa.
Lee & Associates Negotiates $3.9 Million Sale of West Covina Freeway Center
WEST COVINA, Calif. - January 6, 2013 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has negotiated the $3.9 million sale of the 19,320-square-foot West Covina Freeway Center in West Covina, Calif
Trent France Joins Lee & Associates – North San Diego
SAN DIEGO - January 3, 2013 - (RealEstateRama) -- Lee & Associates – North San Diego County is pleased to announce Trent France has joined the firm as senior vice president.
Lee & Associates Completes $7.2 Million Multifamily Sale in Glendora
GLENDORA, Calif. - January 3, 2013 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has completed the $7.2 million sale of 114,998-square-foot multifamily property in Glendora, Calif.
Lee & Associates Names Todd Launchbaugh Recipient of Leaders of Lee Award
ONTARIO, Calif. - January 3, 2013 - (RealEstateRama) -- With over 24 years of industrial brokerage experience at Lee & Associates, Todd Launchbaugh, SIOR, senior vice president and principal at Lee’s Ontario office, was one of the recipients of the 2013 Leaders of Lee award at the Lee broker’s summit, which was held recently in Las Vegas. The award was created to give recognition to those who have made exceptional contributions to the firm and the industry as a whole
California pending home sales decline in November; share of equity sales grows, C.A.R. reports
LOS ANGELES - December 26, 2013 - (RealEstateRama) -- Seasonal factors, combined with shrinking housing affordability, cooled California pending home sales from both the previous month and year in November, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today
Lee & Associates Brokers $15 Million Industrial Lease in Carson
CARSON, Calif. - December 23, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has brokered a 10-year lease for a 207,538-square-foot industrial building, located at 1241-1245 Watsoncenter Rd. in Carson, Calif., for $15 million.
California November Home Sales
WASHINGTON, D.C. - December 18, 2013 - (RealEstateRama) -- An estimated 33,429 new and resale houses and condos sold statewide last month. That was down 8.3 percent from 36,468 in October, and down 10.8 percent from 37,481 sales in November 2012, according to San Diego-based DataQuick.
Diminishing housing affordability continues to slow down home sales in November
LOS ANGELES - December 16, 2013 - (RealEstateRama) -- A run-up in home prices, coupled with higher interest rates, put downward pressure on housing affordability and led to the fourth straight month of sales declines in November, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.
Southland Home Sales Drop; Median Sale Price Edges Sideways – Again
WASHINGTON, D.C. - December 16, 2013 - (RealEstateRama) -- Southern California’s housing market downshifted last month, with sales falling well below a year earlier as investor activity waned again and buyers continued to struggle with higher prices and a thin supply of homes for sale. The median sale price held nearly steady for the sixth consecutive month, though it was still almost 20 percent higher than a year ago, a real estate information service reported.


