California Real Estate

29,000 real estate agents quit (Orange County Register)

The state Department of Real Estate reported that by the end of 2009, 503,284 people had California real estate licenses — down 29,247 or 5.5% from the end of 2008. December’s agent total was the lowest monthly total since May 2006.

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29,000 real estate agents quit (Orange County Register)

Real Estate Brokerage Takes Aim in South Carlsbad, California, Amidst Tumultuous Market Conditions (PRWeb)

While many Southern California Real Estate companies are reeling from the sharpest median house price decline in history, Aviara Resort Properties looks toward the future.

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Real Estate Brokerage Takes Aim in South Carlsbad, California, Amidst Tumultuous Market Conditions (PRWeb)

105 real estate licenses revoked – a record (The Sacramento Bee)

A record number of California real estate professionals surrendered their licenses in 2009 or had th

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105 real estate licenses revoked – a record (The Sacramento Bee)

Obituary: Evelyn Morgan, 97, a legend in local real estate (The Sacramento Bee)

Evelyn Morgan, who started selling homes at age 59 and became one of the top Northern California real estate agents for many years, died Thursday of complications related to pneumonia. She was 97.

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Obituary: Evelyn Morgan, 97, a legend in local real estate (The Sacramento Bee)

New Real Estate Marketing Platform for California Real Estate Professionals Launched (RISMedia Real Estate News)

RISMEDIA, October 12, 2009—Two of California’s largest MLS providers have partnered with eNeighborhoods as charter participants in a new marketing platform for California real estate professionals called Mercado–the Marketplace for California real estate.

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New Real Estate Marketing Platform for California Real Estate Professionals Launched (RISMedia Real Estate News)

Sonoma Real Estate Market Heating Up - Finally! (dBusinessNews.com)

On the heels of a California Association of Realtors report that home sales across the state rose by more than 20 percent in June and a separate report that eight out of ten of the nation’s hottest real estate markets are in California, Sonoma Real estate agent Chris Wurst may be the first of many agents to declare “the California real estate slump is over!”

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Sonoma Real Estate Market Heating Up - Finally! (dBusinessNews.com)

California Real Estate Commissioner Announces Issuance of Fraud Warning (RISMedia Real Estate News)

RISMEDIA, June 25, 2009-The California Real Estate Commissioner, Jeff Davi, announced the issuance of a Consumer Alert by the California Department of Real Estate (DRE) warning consumers about loan modification scams and informing consumers of what they can do to protect themselves.

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California Real Estate Commissioner Announces Issuance of Fraud Warning (RISMedia Real Estate News)

Edge-y Development Upsets Malibu Residents

The LA Weekly reports that U2’s guitarist David Evans, better known as the Edge to legions of fans, has upset his neighbors with his plans to level a mountain in the Coral and Latigo canyon areas of the Malibu hills and build five homes on nearly 1,000 acres of land. The issue is partly aesthetic—area residents don’t want to lose their sweeping views of the coast—and partly related to the integrity of the land—they fear that the Edge’s development plans will create erosion and runoff problems, as well as endanger area wildlife.

According to the article, the Edge also created tension through his displacement of the Malibu Mountain Archery Club, an institution since 1938 that had served as an Olympic site and set for countless movies. When the Edge purchased land in November 2006, the club was forced to shutter.

Although the Edge has been granted full legal permits, other opponents of the project are bristling because they feel the Edge’s actions run counter to U2s’s ethic of social activism and altruism, as well as display poor citizenship on his part. Says resident Jim Smith, “When I expressed my concerns about the development, [the Edge] told me he was sympathetic to my concerns, though he’s done nothing. He’s not walking the walk of an environmentalist.”