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It’s Official: 2011 Marks Third-lowest Year on Record for California Housing Production

SACRAMENTO, CA - January 25, 2012 - (RealEstateRama) -- California saw the third-lowest yearly housing permit total and the worst yearly total on record for single-family units in 2011, the California Building Industry Association announced today.

Single-Family Housing Starts Hold Their Own in May, CBIA Announces

CBIA says state new-home tax credit is generating demand for new homes and construction. SACRAMENTO, CA - June 24, 2009 - (RealEstateRama) — May single-family home starts held their own compared to April, offering additional evidence that the state new-home tax credit is generating demand for new homes and leading to a resumption of job-generating construction, the California Building Industry Association reported today

State’s existing home sales increased 100.8 percent

LOS ANGELES, CA - February 27, 2009 - (RealEstateRama) — Home sales increased 100.8 percent in January in California compared with the same period a year ago, while the median price of an existing home fell 40.5 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

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.

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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