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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

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

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 discouraged efforts to create new rental housing in the city and county of San Francisco

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

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® (C.A.R.) said today.

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’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 year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

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 REALTORS®’ (C.A.R.) “2014 International Home Buyers Survey.” The survey showed that one of six (14 percent) participating REALTORS® closed a transaction with an international client, unchanged from the previous year.

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 REALTORS® (C.A.R.) said today.

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: Partnering for Change in California, which featured a keynote speech from U.S. Secretary of Housing and Urban Development Julián Castro. Convened by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), Secretary Castro, along with other industry thought leaders, exchanged ideas and solutions about housing affordability, California’s infrastructure, consumer trends, and foreign investment challenges

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 loan limits for mortgages acquired by Fannie Mae and Freddie Mac at $417,000 on one-unit properties in most areas and a cap of $625,500 in high-cost areas. Loan limits were increased in Monterey, Napa, San Diego, and Ventura counties:

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 hosted by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and its partners from California’s top university-based real estate research centers. Held, Friday, Nov. 14, in Los Angeles, the invitation-only summit will examine the state’s biggest economic and real estate challenges, including infrastructure, foreign investment, consumer trends, housing finance, affordability, and the business environment.

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 made up nine in 10 home sales for the fourth straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

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.

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.) said today.

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 home sales improved further, as both short sales and REO sales continued to decline, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

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 ASSOCIATION OF REALTORS® (C.A.R.) said today.

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 REALTORS®’ (C.A.R.) “2014 Survey of California Home Buyers.”

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 investors pulled out of the market due to higher home prices, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

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.  Meanwhile, the median home price posted higher from both the previous month and year for the third consecutive month and remained at its highest level since December 2007