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...

CAR Market Matters

Talking Points … According to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), seasonal factors, combined with shrinking housing affordability, cooled California pending home sales from both the previous month and year in November. C.A.R.’s Pending Home Sales Index...

CAR Market Matters

Talking Points … According to Realtor.com’s predictions for the national housing market in the new year, the market will see a rise in inventory to bring it in line with more normal levels. The beginning of 2013 was in many ways characterized as the “year of low...