FHA Accepts More e-Signatures
The Federal Housing Administration (FHA) announced that as of January 30, 2014, it is granting expanded authority to lenders to accept electronic signatures (e-Signatures) on documents associated with mortgage loans. Origination, servicing, and loss mitigation...
CAR Market Matters
Talking Points … According to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), California pending home sales fell for the second straight month, while equity sales continue to make up more than four of every five home sales. The share of equity sales – or...
2013 Home Seller Survey Result Available
The 2013 Home Seller Survey takes a look at sellers in greater detail. Gather insights on home seller demographics, the types of homes sold, the details of the selling experience from the owners’ perspective, and many aspects about client and real estate agent...
One Cool Thing
CA-RPA Draft Revisions Posted for Comment
The core document for the vast majority of REALTORS’® business in California, the C.A.R. California Residential Purchase Agreement and Joint Escrow Instructions (RPA), is scheduled for revision in November 2014. An RPA Study Group made up of REALTORS® from around the...
REALTOR Magazine Now Available Online
Click here to view the January edition of REALTOR Magazine.
CAR Market Matters
Talking Points … According to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), California sales for the year were down 5.9 percent from 2012 as tight housing inventory and higher home prices squeezed out would-be buyers. Overall, sales fell for the fifth straight...
CAR Market Matters
Talking Points … Mortgage applications increased by 2.6 percent for the week ending Jan. 3, according to index ratings from the Mortgage Bankers Association (MBA). In addition, the MBA’s refinance index escalated 5 percent from the previous week after falling by 9...
NAR Weekly Newsletter
Click here to view the most current NAR Newlsetter
CAR Standard Forms Update
Statutory Update to the LR form. Just a reminder, the Residential Lease or Month-to-Month Rental Agreement form was updated December 13, 2013 to comply with a new law regarding the maintenance of smoke detectors which took effect on January 1, 2014. Please make sure...