A message from C.A.R. President Jeanne Radsick
Dear CAR Member, As you may know, the state’s housing crisis continues to be the top issue California voters care about heading into next year’s election. The CALIFORNIA ASSOCIATION OF REALTORS® is leading efforts to address California’s housing crisis at...
REALTOR® Party Leaders Plan for 2020
Last week, more than 500 REALTOR® Party leaders gathered in Austin, Texas, for the 2020 REALTOR® Party Training Conference. This conference was special for a number of reasons. While it was a great opportunity to connect and network, this annual conference is also an...
Form CCPA Bundled with Agency Disclosure, Should be Provided to Clients
The California Consumer Privacy Act (“CCPA”), which goes into effect on January 1, imposes certain obligations on “3rd party” companies that are otherwise exempt from the law. This would include many brokers, regardless of their size or data use, if they have...
iBuyers are Not Coming – They’re Already Here
iBuyers are a growing part of the real estate market!. Selling homes in regions where iBuyers are most active can bring different challenges. Do you know how to talk to clients who are considering this option? Are you familiar with instant offer platforms? Maybe...
Affordability Top Concern as Economists Deliver 2020 Outlook
At its first-ever Real Estate Forecast Summit on Wednesday, the National Association of REALTORS® released a consensus forecast from 14 leading economists in the housing and finance industries, projecting continued but slowing growth in 2020....
Caps Removed for VA Loan Limits
Veterans may be eligible to buy larger homes in pricier communities—still without a down payment—starting next year. Those taking out Veteran Affairs–backed mortgages will find caps removed on what they can spend in 2020. The Blue Water Navy Veterans Act of...
One Cool Thing
C.A.R. Commends Move to Expedite Wildfire Victims’ Claims
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) issued the following statement in response to California Insurance Commissioner Ricardo Lara’s request for the expedition of claims handling for California’s wildfire victims: “We are pleased that...
Lawsuit: ‘Premier Agent’ Platform Is ‘Deceptive’
A lawsuit trying to gain class action status is accusing Trulia’s Premier Agent advertising program of being “unfair” and “deceptive” by diverting home shoppers away from listing agents. The federal lawsuit was filed on Nov. 28 in Eastern District Court. The lawsuit...
Fannie, Freddie New Mortgage Application Includes Declarations
Fannie Mae and Freddie Mac released a redesigned mortgage application form in October. The Uniform Residential Loan Application is a standardized form used by borrowers when applying for a mortgage. This is the first time in 20 years there has been a change to...