More Than One-Third of Home Sellers Giving Concessions

During the three months ending Oct. 31, home sellers gave concessions to buyers in 35 percent of U.S. home sales. This percentage is not very different from a year earlier (35.9 percent), but it is higher than it was two years ago (27.6 percent). Concessions typically...

Vacant land scam prevalent in area

The Board office has received numerous regarding the vacant land scam. Individuals posing as owners are calling agents to list vacant lots. CAR has shared an excellent Quick Guide to help spot the red flags. The DRE has also put out an urgent Industry Advisory...

Wildfire Disclosure Report Available

FortressFire and C.A.R. have launched the Wildfire Disclosure Report (WFDR). C.A.R. recommends the report to help buyers, sellers, and their agents become better informed of wildfire risks – including regulatory compliance and insurability – minimizing confusion and...

HUD Announces Changes to FHA Financing

The U.S. Department of Housing and Urban Development (HUD) announced it would expand access to FHA financing for homes with or that plan to have accessory dwelling units (ADUs). Beginning immediately: • Homebuyers will be able to use 75% of an existing ADUs rental...

September safety month: FOREWARN

FOREWARN, a proactive safety and lead intelligence service is available for all association members!  With the FOREWARN app you can instantly verify: Identity (first name, last name, alias, and age) Phone numbers (residential and mobile history) Address...