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...

CAR Market Matters

Talking Points … The CALIFORNIA ASSOCIATION OF REALTORS®’ “2014 California Housing Market Forecast” projects sales to increase by 3.2 percent next year to reach 444,000 units, up from the projected 2013 sales figure of 430,300 homes sold. C.A.R.’s forecast also...

2014 New Laws for California’s REALTORS®

Just hours before his deadline at midnight last night, Governor Jerry Brown signed or vetoed all the legislative bills on his desk to end the legislative process for 2013. C.A.R.’s Legal Department has summarized and made available on our webpage about 130 of...