California pending homes sales retreat in August amidst higher interest rates
By CAR -

LOS ANGELES, CA – September 24, 2013 – (RealEstateRama) — Rising mortgage rates dampened pending home sales in August, while distressed home sales fell to levels not seen in nearly six years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.


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Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is one of the largest state trade organizations in the United States, with nearly 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Contact:

Los Angeles - Executive Office:
525 South Virgil Avenue
Los Angeles, CA 90020-1403
Phone: (213) 739-8200
Fax: (213) 480-7724

Media:

Mark Giberson
Phone: (213) 739-8304.

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