Holiday Inn Express Adds Two New Hotels to L.A. Market
September 1, 2009 Posted by California RealEstateRama
Holiday Inn Express Los Angeles-LAX Airport is brand’s 135th hotel to open in the Americas region this year. ATLANTA, GA - September 1, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world’s largest hotel group by number of rooms, announced today that two Holiday Inn Express® hotels will be added to the Los Angeles market. The Holiday Inn Express Los Angeles-LAX Airport and Holiday Inn Express Hotel & Suites Los Angeles Airport Hawthorne are both conveniently located near Los Angeles International Airport and will create more than 60 job opportunities to the local community
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Federal and State Agencies Target Mortgage Foreclosure Rescue and Loan Modification Scams
July 13, 2009 Posted by FTC
‘Operation Loan Lies’ Aims to Help People At Risk of Losing Their Homes. July 13, 2009 - (RealEstateRama) — As part of a federal/state law enforcement initiative, the Federal Trade Commission will hold a press conference in Los Angeles, California, on Wednesday, July 15, 2009, at 10 a.m., Pacific Coast Time to announce an effort to crack down on mortgage-related scams. FTC Chairman Jon Leibowitz and California Attorney General Jerry Brown will be available to answer reporters’ questions.
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Brown Sues Foreclosure Consultant and Attorney Who Conned Homeowners into Paying Thousands for Phony Lawsuits
July 8, 2009 Posted by California RealEstateRama
Los Angeles, CA - July 8, 2009 - (RealEstateRama) — Attorney General Edmund G. Brown Jr. July 6 sued a foreclosure consultant and an attorney — Paul Noe Jr. and Mitchell Roth - who conned 2,000 desperate homeowners into paying exorbitant fees for “phony lawsuits” to forestall foreclosure proceedings.
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C.A.R. releases “2009 Survey of CA Home Buyers”
July 7, 2009 Posted by CAR
Increased affordability, low mortgage rates motivating home buyers, according to C.A.R.’s “2009 Survey of California Home Buyers”. LOS ANGELES, CA - July 7, 2009 - (RealEstateRama) — Favorable home prices, record-low interest rates, and the belief that rates will rise in the near future were the primary motivators leading home buyers to purchase in 2009 compared with last year, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009 Survey of California Home Buyers” released today. Sixty-eight percent of buyers said price decreases motivated them to buy a home, while 39 percent reported low interest rates helped them move to a better location. Twenty-three percent claimed the likelihood that rates will move up as the motivating factor.
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Six NorCal AORs offer new member benefit
July 7, 2009 Posted by CAR
Clarus MarketMetrics® is available for free to members of six Northern California AORs. LOS ANGELES, CA - July 7, 2009 - (RealEstateRama) — Real Estate Business Services Inc. (REBS®) today announced that more than 15,000 members of six local associations of REALTORS® in Northern California now have access to Clarus MarketMetrics® as a free member benefit. Members of the Coastal Mendocino, Marin, North Bay, Northern Solano County, San Francisco, and Solano associations of REALTORS® join the more than 100,000 California real estate professionals who have member benefit access. Bay Area Real Estate Information Services (BAREIS) and the San Francisco MLS (SFARMLS) are the multiple listing providers to members of the aforementioned local associations.
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Turner Completes $480 Million Terranea Resort in Rancho Palos Verdes, Calif.
July 6, 2009 Posted by California RealEstateRama
Turner Completes Project in 23 Months - 18 Days Ahead of Schedule. New York, N.Y. - July 6, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s leading general builder, has completed the $480 million Terranea Resort project in Rancho Palos Verdes, Calif. in 23 months, 18 days ahead of schedule. Turner served as the manager of preconstruction and construction services for the resort on behalf of owner/developer Los Angeles-based Lowe Enterprises.
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Property Tax Savings from Assessor’s Valuation Review
June 1, 2009 Posted by California RealEstateRama
June 01, 2009 - (RealEstateRama) — Los Angeles County Assessor Rick Auerbach today announced completion of a decline in value review of 473,000 homes and condominiums in Los Angeles County. Auerbach stressed that due to the declining real estate market, it was his responsibility to review values to make sure homes are properly assessed.
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April sales and price report
May 29, 2009 Posted by CAR
C.A.R. reports April home sales increased 49.2 percent, median home price declined 36.5 percent. LOS ANGELES, CA - May 29, 2009 - (RealEstateRama) — Home sales increased 49.2 percent in April in California compared with the same period a year ago, while the median price of an existing home declined 36.5 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
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San Mateo County AOR offers new member benefit
April 7, 2009 Posted by California RealEstateRama
San Mateo County Association of REALTORS® Offers Clarus MarketMetrics® as a Member Benefit. LOS ANGELES, CA - April 07, 2009 - (RealEstateRama) — Real Estate Business Services Inc. (REBS) today announced that the San Mateo County Association of REALTORS® (SAMCAR) signed an agreement to provide Clarus MarketMetrics® as a member benefit to its 2,700 REALTOR® members
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C.A.R. launches Mortgage Protection Program for first-time home buyers
April 3, 2009 Posted by California RealEstateRama
LOS ANGELES, CA - April 03, 2009 - (RealEstateRama) —The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP) for first-time home buyers.
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