CAR Market Matters

by | Aug 25, 2014 | C.A.R., TSBOR, TSMLS

Talking Points … Lower interest rates in the second quarter of 2014 failed to offset continued home price increases, lowering housing affordability statewide and in 19 of 26 counties in California, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The...

Monthly Message from C.A.R. President Kevin Brown

by | Aug 6, 2014 | C.A.R., TSBOR, TSMLS

Dear REALTOR, I have some good news to share with you on the legislative front. Just last week, Gov. Brown signed into law several bills.  The first bill, AB 1393 (Perea), extends tax relief on forgiveness of mortgage debt by conforming California law to federal law...

Brokers Do Not Have to Retain Texts and Tweets

by | Aug 5, 2014 | C.A.R., Legal, TSBOR, TSMLS

New law clarifies what constitutes a “record.” Assembly Bill 2136, signed by the Governor July 9, 2014, and effective January 1, 2015, will help clarify a REALTOR’S® record retention obligations when it comes to electronic communications.  In their Spring 2013 Real...

CAR Market Matters

by | Aug 4, 2014 | C.A.R., TSBOR, TSMLS

Talking Points … Equity home sales posted their highest level since the housing crisis began, reaching more than 90 percent of all home sales. Meanwhile, seasonal factors, combined with shrinking affordability cooled pending home sales in June, according to the...