Legislative Update

The Legislature began Summer Recess on Thursday, July 15th and resumes on Monday, August 16th. Below is an update on various C.A.R. priority bills. The pre-recess Committee and floor votes for our C.A.R. priority bills were very favorable to us. Sponsored bills AB 571...

California Homeowners Trying to Save Fire Insurance

Source: Mercury News As wildfire insurance premiums skyrocket, researchers, consumer advocates and industry leaders alike are racing to factor homeowners’ hardening efforts into insurance pricing. But without hard data, it’s a mystery how much any particular measure...

The Future of Homeownership is Latino

Source: NBC News Latino buyers are expected to serve as the growth engine of American homebuying and comprise 70 percent of homeownership growth from 2020-2040, serving as the growth engine of American home buying, according to the Urban Institute, suggesting...

Latest Market Statistics

Existing, single-family home sales totaled 445,660 annualized in May, down 2.7 percent from April and up 86.7 percent from May 2020. The statewide median home price for April was $818,260 up 0.5 percent from April and up 39.1 percent from May 2020. The...