A message from C.A.R. President Geoff McIntosh

Fellow REALTOR®, No doubt you’ve heard that Republican leaders have unveiled a tax reform plan they say is aimed at helping the middle class. The plan proposes to nearly double the standard deduction and eliminate state and local tax deductions, such as property tax....

CAR Market Matters

Talking Points Interest rates rose last week, and consequently total mortgage application volume fell 4.6 percent from the previous week. The Mortgage Bankers Association’s seasonally adjusted weekly index now stands down 19 percent from the same week one year...

Potential Ballot Initiative for 2018

Two weeks ago your local leadership team attended the C.A.R. meetings in San Diego.  At the voting session, the C.A.R. Board of Directors approved a C.A.R. effort to put an initiative on the November 2018 state wide ballot. If C.A.R. is successful in placing...

CAR Market Matters

Talking Points Mortgage applications to purchase a home and for refinancing barely budged last week, the Mortgage Bankers Association reported. Economists are blaming the stall in loan demand on rising interest rates and rising home prices. Total mortgage application...