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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.

Dual agency in real estate transactions case to be heard by California Supreme Court...

Next week, the California Supreme Court will hear oral arguments in a case, Horiike v. Coldwell Banker, that is being closely followed by the real estate industry, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said

California pending home sales post fourth straight annual increase in July

Led by the Southern California region, California statewide pending home sales continued to build momentum in July, posting an increase from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

California home sales and median price decrease in July as affordability crunch puts dent...

California home sales stumbled in July as low inventories and eroding affordability dragged down the housing market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

C.A.R. Launches Innovators Workshop

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) this month launched the C.A.R. Innovators Workshop, seeking to drive further innovation of products, services, and solutions that will create efficiencies, improve productivity, and help REALTORS®, brokerages, and other real estate professionals to do their jobs and serve their clients better, smarter, and more efficiently

California pending home sales post third straight annual increase in June

Led by the San Francisco Bay Area, California pending home sales continued their upward momentum in June to post three straight months of annual increases, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

CALIFORNIA ASSOCIATION OF REALTORS® Disappointed in HUD Decision to Insure FHA Mortgages with PACE...

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the U.S. Department of Housing and Urban Development’s new policy that the Federal Housing Administration (FHA) will begin insuring mortgages on certain properties with Property Assessed Clean Energy (PACE) loans.

C.A.R. sues PDFfiller.com for unlawfully selling C.A.R. Forms

C.A.R. sues PDFfiller.com for $136 million for willfully and unlawfully selling C.A.R. Forms LOS ANGELES (July 11) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has...

May pending home sales and Market Pulse Survey

Building on April’s gain, California pending home sales continued to rebound on a year-to-year basis, as listings increased, primarily in seven of nine Bay Area counties, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

California housing market maintains momentum in May despite tight inventory supply

Statewide median home price continues to climb; above $500,000 for second straight month - Existing, single-family home sales totaled 410,090 in May on a seasonally adjusted annualized rate, up 0.6 percent from April and down 3.2 percent from May 2015.

Renters value homeownership but face affordability challenges when it comes to buying a home,...

Current renters value homeownership and want to buy a home but many are encountering affordability and financial obstacles that prevent them from buying, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2016 Renter Survey.”

C.A.R. applauds Gov. Brown’s “build by right” proposal

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds a “build by right” proposal by Gov. Jerry Brown that would create a voluntary permit streamlining approval process for developers to use.

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

Home-buying season kicks off slowly as thin housing supply constrains California home sales in...

While sales remained above the 400,000 benchmark level, California existing home sales fell from the previous year in April as tight housing inventory continues to impede the housing market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. April marked the second worst start to a spring home-buying season since the housing recovery began in 2009.

Strong wage growth and level home prices buoy California housing affordability

Thirty-four percent of California households could afford to purchase the $465,280 median-priced home in the first quarter, up from 30 percent in fourth-quarter 2015 and unchanged from 34 percent in first-quarter 2015

California REALTORS® vote to support $1.3 billion affordable housing proposal

The Board of Directors of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) voted last Friday to support a $1.3 billion proposal by California Assembly members to create affordable housing programs

High demand and thin housing supply crimp March California pending home sales

Statewide pending home sales in California decreased in March on an annual basis for the third straight month, reflecting high demand for a dearth of homes available for sale on the market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

Investors shift to niche properties; fewer paying all cash, C.A.R. survey finds

More real estate investors are turning to niche properties and away from investing in single-family homes and multifamily properties than they have in recent years, according to a CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of its members about their interactions with real estate investors

March existing home sales and median price accelerate from previous month and year

California home sales rose from both the previous month and year to post the highest sales pace in six months, while strained housing supplies continued to push home prices higher, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

C.A.R. partners with UC Center Sacramento to address state’s housing affordability crisis

The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Center for California Real Estate (CCRE) is partnering with the University of California Center Sacramento to sponsor, “Housing Affordability in California: Current Challenges and Potential Policy Solutions” in an effort to address the state’s rapidly declining homeownership rate.

February Pending Home Sales

Low inventories and eroding affordability coupled with financial market volatility contributed to a second consecutive month of year-over-year declines for pending home sales statewide, CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Popular Government & Nonprofit Press Releases

CAR

C.A.R. Business Products Offers RentSpree to Streamline Tenant Screening and Rental...

Real Estate Business Services® Inc. (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and RentSpree have partnered to offer all California REALTORS® 24/7 access to RentSpree’s online rental application and tenant verification services. RentSpree will be offered through the C.A.R. Business Products division, and will help REALTORS® reduce liability while working efficiently with lease/rental transactions.

Recent Government & Nonprofit Press Releases

Rep. Valadao Announces $29 Million for CA-21

U.S. Congressman David G. Valadao (CA-21) announced California’s Twenty First Congressional District has received nearly $29 million in funding from the U.S. Department of Housing and Urban Development (HUD) to increase the supply of affordable housing, reduce homelessness, and expand economic opportunity for families throughout California’s Central Valley.