One Cool Thing
CAR Market Matters
Talking Points The Southern California six-county region’s median home price reached $465,000 last month, up 5.9 percent from November 2015, real estate data firm CoreLogic said. Sales soared 24.1 percent. The strong sales jump happened largely because last year’s new...
Four Bills Announced to Address Affordable Housing Crisis
Assemblymembers David Chiu (D-San Francisco), Phil Ting (D-San Francisco), Anna Caballero (D-Salinas), Miguel Santiago (D-Los Angeles), and Speaker pro Tem Kevin Mullin (D-San Mateo) recently announced four bills to address California’s affordable housing...
One Cool Thing
CAR Market Matters
Talking Points U.S. home prices rose 7.7 percent in November, the largest year-over-year increase in 14 months, according to Redfin, the real estate brokerage. Home sales rebounded after a tepid October, growing 20.1 percent, the biggest annual gain since July 2015....
A message from C.A.R. President Geoff McIntosh
Fellow REALTORS®, This year is ending on a high note with some very good news for REALTORS® and California home buyers. Late last month, the Federal Housing Finance Agency (FHFA) announced it will increase the 2017 maximum conforming loan limits for mortgages...
One Cool Thing
CAR Market Matters
Talking Points Home prices, including distressed sales, increased annually by 6.7 percent in October 2016, and increased 1.1 percent from September, according to the Home Price Index and HPI Forecast by CoreLogic. Additionally, 384,000 borrowers moved out of negative...
Understanding the Market
2017 California Housing Market Forecast Following a dip in home sales in 2016, California’s housing market will post a nominal increase in 2017, as supply shortages and affordability constraints hamper market activity. The C.A.R. forecast sees a modest increase in...
The REALTOR® Party Revolution
There is a revolution brewing on almost every level of organized real estate. Be it MLS, market driven or legislative, the world we live in is changing; and it’s changing rapidly. As REALTORS®, we want to control our own destiny. By ensuring we are profitable,...