CAR Market Matters

CAR Market Matters

Talking Points … Homebuilder confidence slipped in December, but the sector is poised for consistent growth next year. The National Association of Home Builders (NAHB) said Tuesday that sentiment in the market for newly built single-family homes fell 1 point, to 61,...

A message from C.A.R. President Ziggy Zicarelli

Dear CAR Member, This year is ending on a high note with some very good news for REALTORS® and California home buyers. Earlier this month, C.A.R. scored a huge victory when President Obama signed H.R. 22, the Surface Transportation Reauthorization and Reform Act of...
CAR Market Matters

CAR Market Matters

Talking Points … According to CoreLogic’s latest Negative Equity Report, the number of residential homes with negative equity, also referred to as being “underwater,” has been steadily declining in the last few years while the number of homes with equity has been on...
CAR Market Matters

CAR Market Matters

Talking Points … The aggregate home equity position of U.S. households has shown continued improvement. Household holdings of real estate totaled $21.826 trillion in the third quarter of 2015, $1.365 trillion higher than its level in the third quarter of 2014, ,...