CAR Market Matters
Talking Points … Lower interest rates in the second quarter of 2014 failed to offset continued home price increases, lowering housing affordability statewide and in 19 of 26 counties in California, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The...
NAR Weekly Newsletter
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One Cool Thing
Monthly Message from C.A.R. President Kevin Brown
Dear REALTOR, I have some good news to share with you on the legislative front. Just last week, Gov. Brown signed into law several bills. The first bill, AB 1393 (Perea), extends tax relief on forgiveness of mortgage debt by conforming California law to federal law...
Brokers Do Not Have to Retain Texts and Tweets
New law clarifies what constitutes a “record.” Assembly Bill 2136, signed by the Governor July 9, 2014, and effective January 1, 2015, will help clarify a REALTOR’S® record retention obligations when it comes to electronic communications. In their Spring 2013 Real...
CAR Market Matters
Talking Points … Equity home sales posted their highest level since the housing crisis began, reaching more than 90 percent of all home sales. Meanwhile, seasonal factors, combined with shrinking affordability cooled pending home sales in June, according to the...
NAR Weekly Newsletter
Click here to view the most current NAR Weekly Newsletter
Affordable Care Act and Small Employers
State law compliance delayed and real estate sales agent’s non-employee status confirmed Two recent events may have an impact on REALTORS® and their options and obligations under the Patient Protection and Affordable Care Act (ACA) and its implementation under...
CalBRE Citation Regulations Finalized
The Bureau can issue citations to both licensees and non-licensees Effective July 1, 2014, the Bureau of Real Estate under Commissioner’s regulation 2907 has finalized its authority to issue citations pursuant to Business and Professions Code Section 10080.9. CalBRE...