by Heather | Jan 30, 2020 | C.A.R., TSBOR, TSMLS
Beginning next Tuesday and the last Tuesday of of every month will now be referred to as “Boost Your Biz Tuesday.” CAR created Boost Your Biz, a new member e-tool that you’ll receive in your inbox on the last Tuesday of every month. CAR already has...
by Heather | Jan 29, 2020 | C.A.R., TSBOR, TSMLS
California is experiencing a dire housing shortage because it fails to build enough residential units to meet the demand. The state ranks 49th in the number of housing units per resident and in 2018 had a rental vacancy rate of 4.4%. Job growth continued to outpace...
by Heather | Jan 28, 2020 | C.A.R.
by Heather | Jan 23, 2020 | C.A.R., NAR, TSBOR, TSMLS
With the calendar now officially flipped to 2020, Fannie Mae, Freddie Mac, and the Federal Housing Administration are now backing larger mortgages than they were just a few days ago. That’s because the 2020 loan limits for each of those...
by Heather | Jan 14, 2020 | C.A.R., TSMLS
From HousingWire: In the first week of the year, the average U.S. fixed rate for a 30-year mortgage averaged 3.72%. Not only is this percentage below the previous week’s average, but it’s also nearly 80 basis points below the 4.51% of the year-earlier...
by Heather | Jan 13, 2020 | C.A.R., Legal, TSBOR, TSMLS
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has issued the following statement on Sen. Scott Wiener’s Senate Bill 50, which would help address the state’s urgent housing shortage and affordability crisis: “The California Association of...