January/February REALTOR® Magazine Now Online
Your digital REALTOR® Magazine is here. January/February 2015
CAR Market Matters
Talking Points … California’s regional housing markets ended the year with mixed results as statewide home sales inched up from a year ago for the first time in nearly a year and a half, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Sales in December...
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Small, Exterior Home Improvements Offer the Best Value Investments in 2015
Homeowners often consider various remodeling and replacement projects as a way to add value to their homes. Some projects add more value and better recoup their costs than others, according to REALTORS® who rated small and exterior projects as the most valuable home...
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CAR Market Matters
Talking Points … As the wealthiest generation and the first to drive the housing market, baby boomers will continue to be a pillar of the housing market, according to a 2014 CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of California baby boomers (born between...
Short sale tax break signed into law
Source: Housingwire Homeowners who had short sales in 2014 can now breathe a giant sigh of relief, as the Mortgage Debt Forgiveness Act was signed into law by President Barack Obama. Under the Mortgage Debt Forgiveness Act, any mortgage forgiveness achieved in a short...
Piggyback Loans Revisited
Source: The New York Times “Piggyback loans” are readily available once again, but not in the form that allowed many borrowers to buy homes with no money down before the housing crash. These mortgages are essentially a two-loan package — one “piggybacks” on the other...
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Market Snapshot: Housing Affordability Challenges for the Younger Generation and First-Time Buyers Housing affordability differs between age groups, as their financial characteristics vary. Potential homebuyers aged 30 and under are the ones who face the biggest...
CAR Market Matters
Talking Points … California’s pending home sales slowed down in November as seasonal factors kicked in and shrinking housing affordability remained an issue, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). California pending home sales dropped in...