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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.
April California pending home sales trend higher but inventory concerns remain
Led by the Central Valley, California statewide pending home sales reversed a three-month decline and posted higher in April, but a persistent shortage of homes for sale may dampen the upcoming spring homebuying season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today
California REALTORS® provide input on HUD/FHA discussions to give senior lien status to energy...
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is providing input on discussions that the U.S. Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA) are having to give Property Assessed Clean Energy (PACE) liens...
July home sales climb to highest level in nearly three years as prices remain...
LOS ANGELES - August 18, 2015 - (RealEstateRama) -- Sustained job and income growth gave home buyers the confidence in July to jump into the California housing market, pushing home sales to their highest level in nearly three years, the CALIFORNIA ASS...
Growth in spring home prices leads to sizable drop in California housing affordability, C.A.R....
Every region except Kings County posts lower affordability compared to previous quarter. Thirty percent of California households could afford to purchase the $485,100 median-priced home in the second quarter, down from 34 percent in first-quarter 2015 ...
C.A.R. Opposes Tax on Home Buyers in Senate Highway Transportation Bill
The CALIFORNIA ASSOCIATION OF REALTORS® is opposing a provision in the highway bill now being considered by the U.S. Senate that taxes home buyers by increasing the fees Fannie Mae and Freddie Mac charge on their loans. This provision would extend a t...
C.A.R. Applauds Signing of AB 345 Into Law
The CALIFORNIA ASSOCIATION OF REALTORS®(C.A.R.) applauds Governor Brown for signing into law AB 345, a C.A.R.-sponsored bill that earmarks three hours of a real estate broker's existing mandated continuing education (CE) for a course on the management...
California pending home sales continue annual increase for seventh straight month
California pending home sales continued to gain steam in June, registering seven months of continued annual increases and the fifth consecutive month of double-digit increases, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today
C.A.R. 2015 Home buyers Survey findings
With an improving economy and job market over the past year, home buyers have started forming households again, and buyers who previously experienced a foreclosure or short sale are back in the housing market, according to the CALIFORNIA ASSOCIATION OF...
California home sales soften in May but spring home-buying season continues momentum
California home sales softened in May, but the housing market momentum continued to be solid as the spring home-buying season marked higher year-over-year home sales and prices for the fourth straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C....
April pending home sales and Market Pulse Survey
With the California housing market continuing its upward trend, pending home sales registered their fifth straight annual gain, with the last three months being in the double-digits, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today
Defeat of Senate Bill 364 preserves private property rights and protects California’s rental housing...
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today hailed the defeat of Senate Bill (SB) 364 (Leno) in the State Legislature this week. The bill would have eliminated property rights protections for owners of rental property and significantly disc...
C.A.R. issues statement on findings of state housing report
The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) today issued the following statement on a report titled, “California’s High Housing Costs: Causes and Consequences,” released this week by California’s Legislative Analyst’s Office
California housing market bounces back in February after slow start to year
Slowing home price appreciation and improving inventory combined to boost California’s housing market in February as existing home sales and median home prices increased from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® ...
California pending home sales lift in January after disappointing December
LOS ANGELES - February 26, 2015 - (RealEstateRama) -- Pending home sales rose from December’s extreme lows and posted month-to-month and year-to-year increases in January, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.
California home sales and prices start year lower
LOS ANGELES - February 20, 2015 - (RealEstateRama) -- California’s housing market started the new year still bearing the scars of 2014’s tight housing inventory and low housing affordability as statewide home sales fell from the previous month and...
International home-buying activity remains strong in California, C.A.R. survey finds
LOS ANGELES - February 18, 2015 - (RealEstateRama) -- Despite a slowing in the California housing market and appreciation of the U.S. dollar in 2014, international home-buying activity continued its momentum, according to the CALIFORNIA ASSOCIATION OF...
California housing affordability inches up from third quarter, slips from year ago
LOS ANGELES - February 13, 2015 - (RealEstateRama) -- California housing affordability improved from third-quarter 2014 but dipped when compared to a year ago, as lower interest rates failed to offset higher home prices, the CALIFORNIA ASSOCIATION OF ...
HUD Secretary Julián Castro stresses need for expanding credit and reforming housing finance system...
LOS ANGELES - November 25, 2014 - (RealEstateRama) -- An audience of nearly 300 real estate executives and practitioners, industry stakeholders, economists, and policymakers gathered this month in Los Angeles for the inaugural Real Estate Summit: Part...
C.A.R. applauds FHFA for keeping Fannie Mae and Freddie Mac conforming loan limits unchanged
LOS ANGELES - November 25, 2014 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to keep the 2015 maximum conforming...
HUD Secretary Julian Castro to keynote C.A.R. Summit
LOS ANGELES - November 6, 2014 - (RealEstateRama) -- U.S. Department of Housing and Urban Development Secretary Julián Castro will be the keynote speaker for “The Real Estate Summit: Partnering for Change in California,” a day-long conference hos...
Pending home sales reverse five-month decline to tick higher in September
LOS ANGELES - October 30, 2014 - (RealEstateRama) -- California pending home sales rose higher in September to post the first increase in six months, reversing the sales drop usually observed between August and September. Meanwhile, equity home sales...
California home sales maintain pace in September as price gains temper and market balances
LOS ANGELES - October 23, 2014 - (RealEstateRama) -- California home sales remained steady in September, as home price gains eased back from an unusually high increase in August, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.
Low interest rates fail to spark August home sales; home prices continue to increase...
LOS ANGELES - September 18, 2014 - (RealEstateRama) -- California home sales pulled back in August, reversing two months of increases, as the median home price rose from the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) sa...
July pending home sales lose steam; share of equity sales expands further
LOS ANGELES - August 29, 2014 - (RealEstateRama) -- Despite ultra-low interest rates, California’s real estate market continued to underperform in July, with pending home sales posting lower for the fourth straight month. At the same time, equity h...
Second quarter housing affordability declines statewide and in 19 of 26 California counties
LOS ANGELES - August 19, 2014 - (RealEstateRama) -- 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, the CALIFORNIA ASSO...
More home buyers turning to social media in home-buying process, REALTOR® survey finds
LOS ANGELES - June 30, 2014 - (RealEstateRama) -- Reflecting the proliferating use of social media in today’s society, more home buyers are turning to social media in the home-buying process than ever, according to the CALIFORNIA ASSOCIATION OF REALT...
Equity home sales near 90 percent of all home sales, while pending home sales...
LOS ANGELES - June 24, 2014 - (RealEstateRama) -- Higher home values continued to fuel more equity home sales, which have made up more than 80 percent of all home sales for the past 11 consecutive months. Meanwhile, pending home sales fell in May as ...
California home sales and price gains temper in May as buyers confront housing affordability...
LOS ANGELES - June 17, 2014 - (RealEstateRama) -- California home sales eased slightly in May as a shortage of homes and housing affordability concerns held back would-be home buyers, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Mean...
Share of equity home sales rises to highest level in more than six years...
LOS ANGELES - May 23, 2014 - (RealEstateRama) -- Recent home price gains have lifted more underwater homes into positive territory, pushing the share of equity home sales to their highest level since late 2007. At the same time, pending home sales we...
California median home price reaches highest level since December 2007; home sales register largest...
LOS ANGELES - May 23, 2014 - (RealEstateRama) -- Showing true signs of improvement, California’s housing market continued to perform better than expected in April with both the median home price and home sales increasing month to month, the CALIFORNI...
