A message from C.A.R. President Geoff McIntosh

Fellow REALTORS®, I’m very excited to begin my term as your 2017 C.A.R. President.  First, I’d like to thank our outgoing president, Ziggy Zicarelli, for serving this organization so well over the past year.  I know he put in many miles traveling around the...

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CAR Market Matters

Talking Points Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and...

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Water Conserving Plumbing Fixtures

Beginning January 2017, California Civil Code § 1101.4 requires that all homes built on or before January 1, 1994 must be equipped with water conserving plumbing fixtures.  Although this law does not create a point of sale requirement (unlike water heater...

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CAR Market Matters

Talking Points Total mortgage application volume fell 9.2 percent on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers Association. Applications, however, were 12 percent higher than one year ago.  The drop was expected, given...

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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...

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