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California home sales decline from previous month, year, C.A.R. reports
LOS ANGELES, CA - November 23, 2010 - (RealEstateRama) -- California home sales declined in October, from both the previous month and previous year, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)
C.A.R. launches new home payment protection program
LOS ANGELES, CA - November 18, 2010 - (RealEstateRama) -- More than 5,500 first-time home buyers were approved for the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Housing Affordability Fund (C.A.R.H.A.F.) Mortgage Protection Program (MPP), which provides mortgage payment assistance in the event of a job layoff
C.A.R. reports first-time buyer housing affordability improves slightly in third quarter
LOS ANGELES, CA - November 16, 2010 - (RealEstateRama) -- Housing affordability among first-time home buyers improved slightly in the third quarter of 2010, both on a quarter-to-quarter and year-to-year basis, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The percentage of first-time buyers who could afford to purchase an entry-level home in California stood at 66 percent in the third quarter of 2010, according to C.A.R.’s First-time Buyer Housing Affordability Index (FTB-HAI). In the second quarter of 2010, the Index was a revised 65 percent and was 64 percent in the third quarter of 2009
Southern California REALTOR® Beth L. Peerce to head CALIFORNIA ASSOCIATION OF REALTORS® 2011 Leadership...
LOS ANGELES, CA - November 15, 2010 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Leadership Team for 2011 is now in place. REALTOR® Beth L. Peerce is the Association’s 2011 president; REALTOR® LeFrancis Arnold is president-elect; REALTOR® Don Faught is treasurer; and Joel Singer is state secretary. The officers for 2011 began their official term earlier this week at the close of the NATIONAL ASSOCIATION OF REALTORS® (NAR) Conference and Expo in New Orleans, La.
California home sales post second consecutive monthly gain in September; median price down from...
LOS ANGELES, CA - October 21, 2010 - (RealEstateRama) -- California home sales posted their second consecutive monthly gain in September, but were down from the same period a year ago, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)
Downey AOR offers Clarus MarketMetrics® as a member benefit
LOS ANGELES, CA - October 19, 2010 - (RealEstateRama) -- Real Estate Business Services® (REBS®) today announced that the Downey Association of REALTORS® (DAOR) has signed an agreement to provide Clarus MarketMetrics® as a member benefit to its more than 1,900 REALTOR® and Multiple Listing Service (MLS) members. The Downey Association of REALTORS® uses Southern California Multiple Listings Service (SoCalMLS) as its multiple listing provider to provide Clarus MarketMetrics® as a member benefit.
CALIFORNIA ASSOCIATION OF REALTORS releases its California Housing Market Forecast for 2011: Small increases...
LOS ANGELES, CA - October 4, 2010 - (RealEstateRama) -- A weaker-than-expected economic recovery will result in a projected decline in California home sales for 2010, although home sales are expected to edge up slightly in 2011, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) “2011 California Housing Market Forecast” released today
C.A.R. applauds extension of conforming loan limits another year
LOS ANGELES, CA - October 1, 2010 - (RealEstateRama) -- The U.S. Congress late yesterday passed a continuing resolution that included a provision extending through fiscal year 2011 the current conforming loan limit of $729,750 for high-cost areas, including many in California. The same limits will also be extended to loans insured by the Federal Housing Administration. President Obama is expected to sign the resolution today, which is a short-term funding bill that will prevent a government shutdown in the absence of a budget
August sales and price report
LOS ANGELES, CA - September 22, 2010 - (RealEstateRama) -- California home sales edged up 1.8 percent from July, but were down 14.9 percent from August 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The statewide median home price also increased 1.2 percent from July and was up 8.6 percent from a year ago.
C.A.R. reports July median price increased 10.4 percent; home sales decreased 20.8 percent
LOS ANGELES, CA - August 25, 2010 - (RealEstateRama) -- California home sales decreased 20.8 percent in July compared with the same period a year ago, while the median price of an existing home rose 10.4 percent from July 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
California State Assembly passes SB 1178 protecting homeowners
LOS ANGELES, CA - August 20, 2010 - (RealEstateRama) -- The California State Assembly today approved SB 1178 (D-Corbett) by a 49 to 14 vote, extending anti-deficiency protection for consumers who have refinanced their original mortgage loans and now are facing foreclosure. The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is the sponsor of the consumer-protection legislation.
C.A.R. reports entry-level housing affordability at 64 percent in the second quarter of 2010
LOS ANGELES, CA - August 19, 2010 - (RealEstateRama) -- The percentage of households that could afford to buy an entry-level home in California stood at 64 percent in the second quarter of 2010, compared with 67 percent for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)
calREDD, MRMLS sign agreement to join efforts
LOS ANGELES, CA - August 12, 2010 - (RealEstateRama) -- CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) subsidiary California MLS, Inc., doing business as calREDD®, and the Multi-Regional Multiple Listing Service, Inc. (MRMLS), last week signed an agreement to merge the efforts of calREDD® and MRMLS. calREDD® is the C.A.R. initiative to create one Multiple Listing Service (MLS) accessible to real estate agents throughout the state. The new yet-to-be-named entity will serve more than 33,000 real estate professionals and 25 REALTOR® associations throughout California.
C.A.R. reports June median price increased 13.6 percent; home sales decreased 4.2 percent
LOS ANGELES, CA - July 23, 2010 - (RealEstateRama) -- Home sales decreased 4.2 percent in June in California compared with the same period a year ago, while the median price of an existing home rose 13.6 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today
C.A.R. members to receive exclusive offers on ForeclosureRadar iPhone application
LOS ANGELES, CA - July 16, 2010 - (RealEstateRama) -- Real Estate Business Services Inc. (REBS) and ForeclosureRadar™ today announced a new agreement to provide members of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) with discounted pricing and an extended trial period on the ForeclosureRadar™ service, including ForeclosureRadar™’s new iPhone application. ForeclosureRadar™’s iPhone app, the first distressed-property app on the market, allows users to review the status of a foreclosure property and update their distressed-property tracking analysis from their mobile device.
Inman News partners with C.A.R. to provide daily news feed for AgentNTouch iPhone application
LOS ANGELES, CA - July 16, 2010 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and Inman News today announced that Inman News will provide the daily news feed for C.A.R.’s newest iPhone application, AgentNTouch™. The app is consumer-focused and features tips for buyers and sellers, real estate terminology, current mortgage rates, mortgage calculators, educational videos, and current real estate news. AgentNTouch™ also enables REALTORS® to personalize the app and send neighborhood, open house, and listing information to clients
Inglewood Board of REALTORS renews Clarus MarketMetrics member benefit
LOS ANGELES, CA - June 30, 2010 - (RealEstateRama) -- Real Estate Business Services® Inc. (REBS®) today announced that the Inglewood Board of REALTORS® (IBOR) has signed a renewal agreement to provide Clarus MarketMetrics® as a member benefit to its more than 300 REALTOR® members. The Inglewood Board of REALTORS® uses Multi Regional Multiple Listings Service (MRMLS) as its multiple listing provider
C.A.R. reports May median price increased 23.2 percent; home sales increased 1.2 percent
LOS ANGELES, CA - June 23, 2010 - (RealEstateRama) -- Home sales increased 1.2 percent in May in California compared with the same period a year ago, while the median price of an existing home rose 23.2 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today
calREDD Multiple Listing Service launches at Amador County Association of REALTORS
LOS ANGELES, CA - June 22, 2010 - (RealEstateRama) -- calREDD® today announced that members of the Amador County Association of REALTORS® now can view properties for sale, place listings, prepare CMAs, and access agents for referrals via calREDD®, the multiple listing service(MLS), which officially launched in Jackson, Calif., today
Board of directors approves joining efforts of calREDD, MRMLS
LOS ANGELES, CA - June 15, 2010 - (RealEstateRama) -- The board of directors of the CALIFORNIA ASSOCIATION OF REALTORS® on June 12 approved a new structure for the statewide MLS that will merge the efforts of calREDD® with the Multi-Regional Multiple Listing Service Inc. (MRMLS)