CAR Market Matters

Talking Points … The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 11, 2013, indicates the seasonally adjusted Purchase Index decreased 5 percent from one week earlier. The unadjusted Purchase Index decreased 5...

Gov. Brown Vetoes Bill to Broaden Rent Control

Late Sunday night, Gov. Brown vetoed AB 1229, a bill that proposed to dramatically weaken rent control limitations contained in the landmark “Costa-Hawkins” law sponsored by C.A.R. in 1995. C.A.R. had aggressively opposed the bill throughout the legislative process...