CA-RPA Draft Revisions Posted for Comment

The core document for the vast majority of REALTORS’® business in California, the C.A.R. California Residential Purchase Agreement and Joint Escrow Instructions (RPA), is scheduled for revision in November 2014. An RPA Study Group made up of REALTORS® from around the...

CAR Market Matters

Talking Points … According to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), California sales for the year were down 5.9 percent from 2012 as tight housing inventory and higher home prices squeezed out would-be buyers. Overall, sales fell for the fifth straight...

CAR Market Matters

Talking Points … Mortgage applications increased by 2.6 percent for the week ending Jan. 3, according to index ratings from the Mortgage Bankers Association (MBA). In addition, the MBA’s refinance index escalated 5 percent from the previous week after falling by 9...

CAR Standard Forms Update

Statutory Update to the LR form.  Just a reminder, the Residential Lease or Month-to-Month Rental Agreement form was updated December 13, 2013 to comply with a new law regarding the maintenance of smoke detectors which took effect on January 1, 2014. Please make sure...