One Cool Thing
CAR Market Matters
Talking Points Mortgage applications decreased 3.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 26, 2017. The Market Composite Index, a measure of mortgage...
CAR Housing Affordability Fund
Did you know REALTORS® can complete a Housing Affordability Fund program application and certification form on behalf of their client? The program application and certification form along with the rules and conditions for HAF’s Homeowners Association Grant Program are...
Chain (Train) Transactions
When multiple transaction are linked together, called "chain" or "train" transactions, it can be a challenge to keep one or more of the transaction from derailing. Such transactions occur when: A buyer's home purchase is contingent on the sale of the buyer's home; A...
One Cool Thing
CAR Market Matters
Talking Points According to the National Association of REALTORS® (NAR), total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dipped 2.3 percent to a seasonally adjusted annual rate of 5.57...
A message from C.A.R. President Geoff McIntosh
Fellow REALTOR®, Thank you to all of you who attended C.A.R.’s Legislative Day in Sacramento earlier this month. Your attendance made it a great success! A record 2,500 of you turned out to hear Gov. Jerry Brown address us in the morning. Brown spoke about the state’s...
One Cool Thing
C.A.R. Opposing Bill that Would Eliminate Mortgage Interest Deduction on Second Homes
ACT TODAY! VOTE COULD BE WEDNESDAY! C.A.R. is OPPOSING UNLESS AMENDED AB 71 (Chiu) a bill that would eliminate the mortgage interest deduction for second homes to fund an increase in low-income housing tax credits. While C.A.R. supports increasing the amount of...
CAR Market Matters
Talking Points The strongest quarterly sales pace in exactly a decade put significant downward pressure on inventory levels and caused price growth to further accelerate during the first three months of 2017, according to the latest quarterly report by the National...