California RealEstateRama
CÁRDENAS LEADS DEFENSE OF MORTGAGE INTEREST TAX DEDUCTION
Washington, DC - March 15, 2013 - (RealEstateRama) -- During Wednesday’s hearing of the House Budget Committee, U.S. Rep. Tony Cárdenas (D-San Fernando Valley) introduced an amendment protecting the most important tax deduction for middle class Amer...
Bay Area Home Sales Ease Amid Tight Supply; Median Price Up Again from 2012
La Jolla, CA - March 14, 2013 - (RealEstateRama) -- Bay Area home sales eased back a notch while prices continued their upward off-bottom bounce last month, the result of a slow rebalancing act in a market environment of constrained supply and finicky ...
Costa Announces More Than $5.3 Million to Combat Valley Homelessness
Washington, DC - March 14, 2013 - (RealEstateRama) -- Rep. Jim Costa announced more than $5.3 million has been awarded to Fresno and Madera County organizations from the U.S. Department of Housing and Urban Development (HUD). The funds were made availa...
Waters and Capuano Reintroduce Bill to Strengthen Federal Housing Administration
Washington, DC - March 14, 2013 - (RealEstateRama) -- Today Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, reintroduced the FHA Emergency Fiscal Solvency Act. The legislation, co-sponsored by Representative Mi...
NHS of Los Angeles County Helps Launch National “Home Matters” Movement
Washington D.C. - March 14, 2013 - (RealEstateRama) -- On Capitol Hill, NHS of Los Angeles County helped launch a new national movement called Home Matters™, which aims to build public support for the essential role that Home plays as the bedrock for...
Southland Home Sales at Six-Year High; Median Price Up Again Yr/Yr
La Jolla, CA - March 14, 2013 - (RealEstateRama) -- Southern California logged the highest February home sales in six years last month amid relatively strong sales of mid- to high-end properties and a record share of homes sold to absentee buyers. The ...
Reclassifying Real Estate Agents as Employees (DeLong, Lowenthal, O’Donnell)
WASHINGTON, D.C. - March 11, 2013 - (RealEstateRama) -- Request that the City Attorney draft an ordinance amending the appropriate section of the Long Beach Municipal Code to reclassify realtors from independent contractors to employees.
Neighborhood Housing Services of Los Angeles County (NHS) Along With the City of Pico...
Los Angeles, CA - March 8, 2013 - (RealEstateRama) -- Neighborhood Housing Services of Los Angeles County is joining forces with City of Pico Rivera to help families with homeownership. Home affordability is higher now than in the past, this is a great...
Two Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at...
WASHINGTON, DC - March 8, 2013 - (RealEstateRama) -- Two Northern California real estate investors have agreed to plead guilty for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern Cali...
Hines and Invesco Acquire Historic Rialto Building in San Francisco’s South Financial District
SAN FRANCISCO, CA - March 8, 2013 - (RealEstateRama) -- Hines, the international real estate firm, and Invesco Real Estate, announced today that they have jointly acquired the Rialto Building located at 116 New Montgomery Street in San Francisco’s So...
CHF|CIRB December 2012 California Construction Review
WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- This week CHF|CIRB has released the December California Construction Review to subscribers. Overall, California has seen a 5% increase in housing permits from December 2011. Year-to-date permi...
Congresswoman Matsui Introduces Legislation to Allow Homeowners in a Flood Zone to Rebuild Following...
WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (CA-06) introduced legislation to help homeowners who live in FEMA Special Flood Hazard Areas and whose homes have sustained major damage from a fire or other unfo...
Neighborhood Housing Services of Los Angeles County (NHS), Assemblymember Raul Bocanegra and Pacoima Neighborhood...
Los Angeles, CA - March 4, 2013 - (RealEstateRama) -- At first glance, Pacoima looks like any other quaint neighborhood. What makes this community different is that it’s located in an area that has been significantly affected by the foreclosure crisi...
Hacienda Heights Community Breaks Ground on New Orange Grove Park
Los Angeles, CA - February 28, 2013 - (RealEstateRama) -- Los Angeles County Supervisor Don Knabe joined local officials in the groundbreaking celebration for the future 5.5-acre Orange Grove Park. The County entered into a 40-year ground lease and j...
CSH Provides Predevelopment Support to Veterans Commons in San Francisco
WASHINGTON, D.C. - February 28, 2013 - (RealEstateRama) -- The grand opening and ribbon cutting ceremony for Veterans Commons in San Francisco was celebrated by public officials, including San Francisco Mayor Ed Lee and Congresswoman Nancy Pelosi, and ...
Bank Executive Sentenced to 30 Months in Prison for Mortgage Fraud Scheme in California
SACRAMENTO, CA - February 26, 2013 - (RealEstateRama) -- U.S. District Judge William B. Shubb sentenced Joel Blanford, 44, of San Ramon, California, to 30 months in prison, to be followed by three years of supervised release, for a mortgage fraud schem...
Zephyr Real Estate Is Number One Brand in San Francisco
San Francisco, CA - February 25, 2013 - (RealEstateRama) -- Zephyr Real Estate, San Francisco's largest independent real estate firm, achieved a sales volume of $1.5 billion in 2012, making it the City’s number one real estate brand. Zephyr has consi...
Congressman Sherman Honored for Support of Affordable Housing and Homeownership Preservation
CANOGA PARK, CA - February 22, 2013 - (RealEstateRama) -- Today, Congressman Brad Sherman (D-Sherman Oaks), a senior member of the House Financial Services Committee, received the “Friend of Affordable Housing Award” from the Federal Home Loan Bank...
Congressman Denham Introduces Bill to Reduce Federal Real Estate Footprint, Save Billions
WASHINGTON, DC - February 15, 2013 - (RealEstateRama) -- U.S. Representative Jeff Denham (R-Turlock) today re-introduced H.R. 695, the Civilian Property Realignment Act (CPRA), legislation which would streamline the process for disposing of unneeded an...
Bay Area Housing Market Continues Off—Bottom Bounce
La Jolla, CA. - February 14, 2013 - (RealEstateRama) -- Turnaround trends continued apace in the Bay Area housing market last month with the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price, a...
