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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 ASSOCIATION OF REALTORS® (C.A.R.) reported.

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, clarifying that California families who have lost their home in a short sale are not subject to state income tax liability on debt forgiveness “phantom income” they never received in a short sale

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 latest service providers to integrate with zipForm®, making it easier and faster for REALTORS® to order their home warranty plan and NHD Report and complete the California Residential Purchase Agreement and Joint Escrow Instructions (RPA-CA).

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 state’s home sales, although sales of condominiums and townhomes continued to be strong, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported

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® and broker in the San Francisco Bay Area. Serving with Brown are President-elect Chris Kutzkey, Treasurer Geoff McIntosh, and Chief Executive Officer Joel Singer. The 2014 officers begin their official term this week at the close of the NATIONAL ASSOCIATION OF REALTORS® (NAR) Conference and Expo in San Francisco.

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 the third quarter of 2013, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

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 short sales fell into the single digits and dropped to levels not seen since January 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

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, housing supply conditions continued to loosen up as the housing market entered its off season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

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 today.

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, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

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 by being forced to pay state income taxes on money they never received, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

LOS ANGELES - September 4, 2013 - (RealEstateRama) -- It is with heartfelt sorrow that the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) announces the unexpected death of 2012 C.A.R. Past President LeFrancis Arnold yesterday in Los Angeles.

LOS ANGELES, CA - August 29, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is sponsoring Senate Bill 30 to provide relief to distressed homeowners attempting to sell their homes in a “short sale.” Under current state law, when a lender forgives mortgage debt in a short sale, the seller must pay state income tax on the amount of forgiven debt. The federal government does not charge federal income tax, and neither should the state. These sellers are already in financial trouble, and SB 30 is necessary to give sellers relief from an inequitable and unfair situation

LOS ANGELES, CA - August 22, 2013 - (RealEstateRama) -- The share of equity home sales continued to grow in July, increasing on a monthly basis for 17 of the last 18 months, while distressed sales plunged by half compared to a year ago, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - August 19, 2013 - (RealEstateRama) -- California’s housing market bounced back after a slight dip in June to reach the highest level since May 2012, as home prices continued to post strong annual gains and home sales recorded the first annual increase in six months, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported

LOS ANGELES, CA - August 13, 2013 - (RealEstateRama) -- Significantly higher home prices, particularly in the San Francisco Bay Area and coastal regions, shut out more home buyers in the state during the second quarter of 2013, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported

LOS ANGELES, CA - August 7, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to President Obama’s speech on housing in Phoenix today:

LOS ANGELES, CA - August 5, 2013 - (RealEstateRama) -- Real Estate Business Services® Inc. (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS®, today announced MyNHD, Inc. as the latest service provider to partner with zipForm®, making it easier and faster for REALTORS® to complete the California Residential Purchase Agreement and Joint Escrow Instructions (RPA-CA)

LOS ANGELES, CA - July 25, 2013 - (RealEstateRama) -- Investors have played a key role in the California housing market recovery for the past four years. Low mortgage rates, attractive home prices, and low yields on alternative assets have fueled demand for investment properties, particularly where distressed homes have dominated sales.

LOS ANGELES, CA - July 24, 2013 - (RealEstateRama) -- The share of equity home sales in California continued to expand in June, comprising four of every five home sales, thanks primarily to a drop in distressed sales. Meanwhile, sales of REOs fell into the single-digits for the third straight month and registered levels not seen since September 2007, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today