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Housing Production Continues Decline in November, CBIA Announces

SACRAMENTO, CA - December 24, 2008 - (RealEstateRama) — Single-family housing production in California in November was the lowest month on record, prompting the California Building Industry Association to urgently call on state and federal lawmakers to act immediately to stimulate the housing sector and the economy. Specifically, homebuilders are proposing a tax credit for new-home buyers, which has proven in the past to be an effective means of reviving depressed housing markets and reinvigorating job-generating home construction.

Popular Government & Nonprofit Press Releases

Pajaro River Flood Project Gets $54.83 Million Federal Check as El...

Rep. Zoe Lofgren (D-CA) delivered a $54,830,000 check for the Pajaro River Flood Risk Management Project in Watsonville, California.

Recent Government & Nonprofit Press Releases

Mullin Introduces READI Act to Improve Wireless Emergency Alerts Before El...

Rep. Kevin Mullin (D-CA) introduced the Reliable Emergency Alert Delivery Integrity (READI) Act at a press conference in San Mateo County as officials…