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CAR

CAR

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.

California pending home sales take breather in January after months of solid gains last...

Statewide pending home sales in California decreased in January on a year-over-year basis for the first time since August 2014 as a shortage of homes for sale and low housing affordability persist and volatile financial markets distract buyers, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

California home sales kick off year higher in January, marking best start in three...

California existing home sales posted their best January performance in three years as year-over-year sales recovered from delayed escrow closings late last year caused by new loan disclosure rules, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

California pending home sales register annual increase in December

Pending home sales in California continued to improve from a year ago with solid gains, which will position the market for a modest increase in home sales in 2016, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

California pending home sales dial back in November

California pending home sales retreated in November primarily due to seasonal factors and delayed escrow closings caused by new loan disclosure rules, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

California housing market loses momentum in November as new loan disclosure rules delay closings,...

California existing home sales fell in November from both the previous month and year for the first time in nearly a year as low housing affordability extended into Southern California, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

California home sales and price decrease in October as affordability crunch impacts housing market

Home sales exceeded the 400,000 level in October for the seventh consecutive month and posted higher on a year-to-year basis for the ninth straight month. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 403,510 units in October, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide.

C.A.R. installs 2016 Leadership team

Geoff McIntosh is broker and co-owner of Main Street REALTORS® in Long Beach, Calif. He previously served as the Association’s treasurer in 2014 and 2015. He oversees the activities of his 230-plus REALTORS® and also serves the real estate needs of his own clients. Active in organized real estate, McIntosh previously served as president of the Pacific West Association of REALTORS®, the Greater Long Beach Association of REALTORS®, and the Apartment Association, California Southern Cities.

California pending home sales temper in August but still record 10th straight annual increase

California pending home sales declined in August but remained strong, marking 10 straight months of year-over-year gains, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. In a separate report, California REALTORS® responding to C.A.R.’s August Market Pulse Survey saw a drop in sales with multiple offers compared with July, as market competition cooled down toward the end of the home-buying season.

California home sales cool in August as price gains temper, C.A.R. reports

Following a hotter than usual summer of homes sales, California’s housing market cooled in August, but still posted higher year over year for the seventh straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

C.A.R. to recognize California REALTORS® as “Champions of Home” for exemplary service

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) will honor three REALTORS® as “Champions of Home,” California REALTORS® who have changed their clients’ lives for the better, raised the standards for others, and led by example.  In its third year, the award honors REALTORS® who have been selected by their peers as individuals who have gone to great lengths on behalf of their clients and practice business with the highest ethics and morals

Homeowners caught in affordability squeeze, are staying put, REALTOR® survey finds

Even with rising home prices over the past few years, many homeowners who have considered selling are deciding not to because they are caught in an affordability squeeze that is compounded by a lack of inventory, according to findings from the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2015 Survey of California Homeowners.” More than one-third (35 percent) of homeowners have considered selling their home in the past year, and of that share, about two-thirds (64 percent) are reluctant to sell because they are finding they can’t afford the home they really want, the survey found.

California pending home sales climb in July to post eight straight months of annual...

California pending home sales soared from the previous year in July, posting the strongest year-over-year increase in more than six years, CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. In a separate report, California REALTORS® responding to C.A.R.’s July Market Pulse Survey saw a reduction in floor calls, listing appointments, and open house traffic, compared with June.

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 “super lien” priority, which would make them senior to the FHA’s single-family first-mortgage financing

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 ASSOCIATION OF REALTORS® (C.A.R.) said today. Home sales have risen year over year for six straight months

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 and unchanged from 30 percent in second quarter 2014

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 tax on homeowners that Congress implemented in 2011, which C.A.R. opposed at the time.

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 and supervision of real estate licensed activity. Governor Brown signed the bill into law on Monday, July 13, and the bill becomes effective Jan. 1, 2016.

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 REALTORS®’ (C.A.R.) “2015 Survey of California Home Buyers.”

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.A.R.) said today

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KTGY-Designed Transit-Oriented Affordable Housing Community Targeting Large Families Breaks Ground

International award-winning firm KTGY Architecture + Planning announces that nonprofit developer, manager and advocate of affordable housing EAH Housing and the City of Emeryville celebrated the ground-breaking of a new 86-unit transit-oriented mixed-use residential development on Wednesday, October 11, 2017, at 3706 San Pablo Avenue in the downtown area of Emeryville, Calif.

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Mayor Faulconer Announces Safe Parking Program for Homeless Individuals & Families...

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