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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.
PITI, Minimum Annual Income Required to Purchase Median-Priced Home Rises More Than 50 percent...
LOS ANGELES - May 15, 2014 - (RealEstateRama) -- A combination of continued price increases and relatively higher interest rates during the first quarter of 2014 led to decreased housing affordability in all regions of the state, the CALIFORNIA ASSOC...
C.A.R. commends FHFA Director Mel Watt for loan limit plan
LOS ANGELES - May 15, 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 that it will not lower loan limits eligib...
Hilltop home views outrank water-front views four to one, C.A.R. luxury client survey finds
LOS ANGELES - May 12, 2014 - (RealEstateRama) -- Even in a state with hundreds of miles of beautiful, sandy beaches, luxury home buyers in California preferred hilltop homes over ocean-front properties by a margin of four to one, according to the CALIF...
California pending home sales jump in March; short sales drop to lowest level in...
LOS ANGELES - April 24, 2014 - (RealEstateRama) -- In an encouraging sign for a healthier spring home-buying market, California pending home sales increased more than usual and rose to the highest level in eight months. Meanwhile, the share of short ...
California home sales spring higher in March, but diminishing affordability sapping market
LOS ANGELES - April 18, 2014 - (RealEstateRama) -- California’s housing market ticked upward in March to reach the highest level in four months, but sales were still lower than a year ago as declining housing affordability continues to put downward p...
California REALTOR® ad campaign spotlights ripple effect of real estate; Homeownership has powerful impact...
LOS ANGELES - April 8, 2014 - (RealEstateRama) -- “What starts with one California REALTOR® benefits all of California.” That’s the underlying sentiment of the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) integrated consumer ad campaign, la...
U.S. ranks as top destination for international home buyers, C.A.R. survey finds
LOS ANGELES - April 4, 2014 - (RealEstateRama) -- Viewing the country as a safe place to put their money, international home buyers preferred purchasing properties in the United States over other countries, according to the CALIFORNIA ASSOCIATION OF RE...
Pending home sales dial up again in February; distressed housing market stabilizes
LOS ANGELES - March 26, 2014 - (RealEstateRama) -- Pending home sales posted stronger than average gains in February for the second straight month, thanks to seasonal factors, but remained below the level of a year ago, despite slight improvements in...
California home sales lose momentum in February as housing supply continues to loosen
LOS ANGELES - March 18, 2014 - (RealEstateRama) -- California home sales fell in February, but housing inventory increased as sellers gear up for the spring home-buying season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.
Distressed housing market shrinks dramatically since housing downturn of Great Recession
LOS ANGELES - March 12, 2014 - (RealEstateRama) -- Vastly improved home prices over the past five years have changed the landscape of California’s distressed housing market, which is now just a fraction of what it was during the Great Recession, the ...
CHF|CIRB Releases January 2014 Housing Statistics
WASHINGTON, D.C. - March 11, 2014 - (RealEstateRama) -- January 2014 monthly permit totals quickly cooled after December’s hot streak. Though permits issued for single family and multi-family units decreased 51% from December 2013, current activity s...
Pending home sales reverse two-month decline; inventory loosens heading into spring homebuying season
LOS ANGELES - March 5, 2014 - (RealEstateRama) -- With the statewide housing inventory slowly improving, California pending home sales picked up steam in January and reversed a two-month decline, but pending sales were still down from a year ago, the C...
Constrained housing inventory flattens January home sales
LOS ANGELES - February 19, 2014 - (RealEstateRama) -- A limited supply of available homes for sale continued to hamper California housing sales, which were essentially flat in January, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.
Housing affordability stabilizes in fourth quarter as home price increases slow
LOS ANGELES - February 13, 2014 - (RealEstateRama) -- As home price gains eased back toward the end of 2013, California’s housing affordability held steady in the fourth quarter of 2013, following six consecutive quarters of declines, the CALIFORNIA ...
C.A.R. Featured in Milken Institute’s New Report to Shape National Conversation on Housing Finance...
LOS ANGELES - January 29, 2014 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) announces the release of a new Milken Institute report on housing finance, which features insights from C.A.R. CEO Joel Singer as well as prominent v...
Pending home sales continued to decline in December, indicating a slow start for 2014...
LOS ANGELES, CA - January 24, 2014 - (RealEstateRama) -- A perfect storm of a shortage of available homes for sale, rising interest rates, and higher home prices kept prospective home buyers on the sidelines in December, pushing California pending home...
Home sellers excited about the market again; have confidence to repurchase, C.A.R. survey finds
LOS ANGELES - January 16, 2013 - (RealEstateRama) -- Home sellers are more optimistic about repurchasing a home than in the past few years, thanks to strong growth in home prices, record-low interest rates, and better personal financial situations, acc...
California pending home sales decline in November; share of equity sales grows, C.A.R. reports
LOS ANGELES - December 26, 2013 - (RealEstateRama) -- Seasonal factors, combined with shrinking housing affordability, cooled California pending home sales from both the previous month and year in November, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A...
Diminishing housing affordability continues to slow down home sales in November
LOS ANGELES - December 16, 2013 - (RealEstateRama) -- A run-up in home prices, coupled with higher interest rates, put downward pressure on housing affordability and led to the fourth straight month of sales declines in November, the CALIFORNIA ASSOCIA...
IRS and California Franchise Tax Board declare California distressed home sellers not liable for...
LOS ANGELES - December 5, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) announced today it received a letter from the California Franchise Tax Board (FTB), obtained by Board of Equalization (BOE) member George Runner,...
REBS adds two new service providers to integrate with zipForm
LOS ANGELES, CA - December 3, 2013 - (RealEstateRama) -- Real Estate Business Services® Inc. (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS®, today announced Fidelity National Home Warranty (FNHW) and Disclosure Source are the lates...
C.A.R. to release executive report, The Future of Housing Finance
LOS ANGELES, CA - November 26, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently convened a high-level roundtable featuring experts at the top of their field in economics and finance to discuss real estate market co...
Government shutdown hampers October home sales
LOS ANGELES, CA - November 19, 2013 - (RealEstateRama) -- California home sales declined for the third straight month in October as economic uncertainty surrounding last month’s government shutdown and a typical seasonal slowdown dragged down the sta...
C.A.R.’s 2014 Leadership team begins term
LOS ANGELES, CA - November 13, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) announced today that its 2014 Leadership Team is now in place. Leading the team is C.A.R. President Kevin Brown, a second-generation REALTOR® ...
C.A.R. reports third quarter housing affordability
LOS ANGELES - November 8, 2013 - (RealEstateRama) -- Housing affordability fell for the sixth consecutive quarter, after reaching an all-time high in the spring of 2012, as significantly higher home prices shut out more California home buyers during th...
Equity home sales post higher in September; seasonal factors slow California pending sales
LOS ANGELES - October 23, 2013 - (RealEstateRama) -- The share of equity home sales in California continued to grow in September, now making up more than eight of every 10 home sales, the highest level in nearly six years. Meanwhile, the share of sho...
Higher interest rates, economic uncertainty cool California home sales and prices in September
LOS ANGELES - October 18, 2013 - (RealEstateRama) -- California home sales declined for the second straight month in September, following rising interest rates and economic uncertainty, which put the demand for housing on hold for buyers. Meanwhile, h...
California pending homes sales retreat in August amidst higher interest rates
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 ...
August single-family home sales ease back while condo and townhome market takes off
LOS ANGELES, CA - September 17, 2013 - (RealEstateRama) -- Following a strong performance in July, California’s housing market pulled back in August as mortgage rates continued to inch up, although sales of condominiums and townhomes remained robust...
C.A.R. denounces Assembly Appropriations committee
LOS ANGELES, CA - September 4, 2013 - (RealEstateRama) -- Thanks to partisan political gamesmanship by the Assembly Appropriations Committee, struggling homeowners who sold their homes in a short sale in the past eight months will be further penalized ...
