Talking Points Based on signed contracts, year-over-year statewide pending home sales fell for the fifth straight month in May on a seasonally adjusted basis, with the Pending Home Sales Index (PHSI)* declining 3.9 percent from 123.0 in May 2016 to 118.1 in May 2017....

Talking Points Mortgage applications continued to rise (though only slightly) in the last week, with refinance applications driving the increase again, according to the latest data from the Mortgage Bankers Association.  The MBA's Market Composite Index, a...

The Standard Forms Advisory Committee (SFAC) will be releasing four new and fourteen revised forms this week. The new forms are all related to rental properties. Of the fourteen revised forms, eight are listing agreements. The drafts of the New and Revised...

Talking Points The 30-year fixed mortgage rate fell for the fourth consecutive week and hit its lowest level in nearly seven months, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending June 8. The 30-year fixed-rate mortgage (FRM)...

Some users may have noticed that the HAF Library was not available last month for a brief time. Thanks to the HAF Committee, the HAF Library once again became available inside zipForm® as a C.A.R. member benefit. In November, 2002, CALIFORNIA REALTORS® unveiled the...

C.A.R.’s Annual Historical Data Summary Report tracks trends in California's housing market from 1968 to present.  This report provides historical data of California’s housing market including single-family and condominium home sales, pending home sales, housing...