by Heather | Sep 26, 2016 | C.A.R., TSBOR, TSMLS
Talking Points Banks are proactively pushing home equity lines of credit (HELOCs) to homeowners whose properties have regained much of the value they lost during the housing crisis. With rates averaging 4 percent to 7.25 percent, home equity borrowing is regaining...
by Heather | Sep 15, 2016 | C.A.R., TSBOR, TSMLS
Late last week C.A.R. successfully pressed amendments to AB 1381 (Weber) only minutes before the bill’s scheduled hearing in the Senate. C.A.R. opposed the bill because it contained surprise amendments added during the last allowable day in the Senate, its...
by Heather | Sep 14, 2016 | C.A.R., Legal, TSBOR, TSMLS
The California Supreme Court heard oral arguments last Wednesday in a case, Horiike v. Coldwell Banker, that is being closely followed by the real estate industry, including C.A.R. “At its core, the Horiike case is an issue of a buyer not reading all of the...
by Heather | Sep 13, 2016 | C.A.R., TSBOR, TSMLS
by Heather | Sep 12, 2016 | C.A.R., TSBOR, TSMLS
Talking Points Distressed sales, which include REO and short sales, accounted for 8.4 percent of total home sales nationally in May 2016, down 2.1 percentage points from May 2015 and down 1 percentage point from April 2016. Within the distressed category, REO sales...
by Heather | Sep 8, 2016 | C.A.R., TSBOR, TSMLS
The California Association of REALTORS® offers FREE training online for the software you use every day to close your transactions. Here’s what’s coming this September: (Please note: If you cannot attend the live webinar, sign up anyway and we’ll send...