One Cool Thing
CAR Market Matters
Talking Points The highest interest rates in well over a year are putting a dent in the mortgage business, according to the Mortgage Bankers Association. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or...
California Supreme Court Rules on Horiike v. Coldwell Banker cCse
In a case much watched by the real estate industry, the California Supreme Court ruled that a salesperson working with a seller owes a fiduciary duty to disclose material facts to the buyer in the transaction when both the buyer’s and seller’s salespersons are...
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...
One Cool Thing
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...
NAR Weekly Newsletter
News you can use from the National Association of REALTORS. View the most recent Weekly Newsletter
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...
One Cool Thing
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...