Monthly message from C.A.R. President Melanie Barker
Dear CAR Member, I’m very excited to begin my term as your President. I’d like to thank our outgoing president, Jennifer Branchini, for serving this organization so well over the past year. I know she put in many miles traveling around the state to meet as many of you...
Legal Update
DEADLINE JANUARY 1, 2025 • Balcony Inspections and • Beneficial Ownership Information Reporting for Entities C.A.R. has two new Quick Guides Two unrelated laws have a deadline for compliance set for January 1, 2025. The first...
2024 New Law Round-Up
These laws go into effect on January 1, 2024, unless stated otherwise. Listings Capped at 24 months (AB 1345) How long can a listing last? 24 months. Previously, there was no specified limit. Now, under AB 1345, exclusive listings on residential one-to-four properties...
Federal Court Rules That Floor Plans Are “Fair Use”(Appeal Pending)
The use of floor plans has long been a standard practice in the real estate industry to market homes for sale. However, a pair of cases filed in federal court in Missouri raised a surprising question: do floor plans infringe on the copyright for an architectural work?...
2023 Q4/Fall Issue of California Real Estate Magazine
2024 New Law Round-Up
These laws go into effect on January 1, 2024, unless stated otherwise. Listings Capped at 24 months (AB 1345) How long can a listing last? 24 months. Previously, there was no specified limit. Now, under AB 1345, exclusive listings on residential one-to-four properties...
More Than One-Third of Home Sellers Giving Concessions
During the three months ending Oct. 31, home sellers gave concessions to buyers in 35 percent of U.S. home sales. This percentage is not very different from a year earlier (35.9 percent), but it is higher than it was two years ago (27.6 percent). Concessions typically...
CCRE Blog: The Number of Cost-Burdened Renters Reaches a Record High
An unprecedented number of renter households are now considered “cost-burdened,” spending more than 30 percent of their gross income on housing costs. The Center for California Real Estate, an institute of C.A.R., spotlights analysis by Apartment List, which finds...
Buyer’s Agent Resources, Created For Members
To help CAR members address the impacts of the Burnett v. NAR et al. case, C.A.R. has prepared several resources designed to provide you with information on how buyer’s agents can communicate their value to consumers and how to use the Buyer Representation and Broker...
Prepare For The 2024 Market
The final STEPS Toward Homeownership virtual program for members is coming up on December 6 to help you prepare your clients for the 2024 housing market. The free December 6 session will present info from experts on every step in the transaction so you can...