News from CCAR, CAR, and NAR

CAR News
1 week 13 hours ago

For release:
Sept. 18, 2017

California housing market defies tight inventory as sales and median price propel higher

- Existing, single-family home sales totaled 427,630 in August on a seasonally adjusted annualized rate, up 1.5 percent from July and 1.3 percent from August 2016.
- August's statewide median home price was $565,330, up 2.9 percent from July and 7.2 percent from August 2016.
- At the regional level, the San Francisco Bay Area...

CAR News
1 week 3 days ago

For release:
September 15, 2017

California REALTORS® applaud advancement of state housing bills package

LOS ANGELES (Sept. 15) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the passage of a package of housing bills that will help address the state's housing affordability crisis:

"REALTORS® throughout the state applaud the California Legislature for...

CAR News
2 weeks 11 hours ago

Last week, Equifax said hackers gained access to company data in a cybersecurity incident that could potentially affect 143 million people. The information accessed includes names, Social Security numbers, birth dates, addresses and, in some instances, driver's license numbers. Additionally, credit card numbers for approximately 209,000 people and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers, were accessed.

According to...

CAR News
2 weeks 3 days ago

NAR has named 10 REALTORS® as finalists of REALTOR® Magazine's 2017 Good Neighbor Award; two of which are California REALTORS®. The award honors REALTORS® who make an extraordinary impact on their community through volunteer work, donating their time and passion to improve and enrich the lives of the people in their communities.

On Oct. 3, five winners will be named from among the 10 finalists. Winners will receive a $10,000 grant and national media exposure for...

CAR News
2 weeks 6 days ago

Since 2003, the National Association of REALTORS® has dedicated September as REALTOR® Safety Month.

Whether you're showing a property, meeting a new client or communicating online, it's important to ensure you have an existing personal safety protocol.

NAR offers members an array of other safety resources, including tips and articles, safety training videos, courses and presentation materials, and safety-focused webinars available...

CAR News
3 weeks 3 days ago

The C.A.R. offices in Los Angeles and Sacramento will be closed Monday, Sept. 4, in observance of the Labor Day Holiday. Both offices will reopen at 8:30 a.m. Tuesday, Sept. 5. The Customer Contact Center also will reopen at 8:30 a.m., and the Legal Hotline will reopen at 9 a.m. on Tuesday, Sept. 5.

CAR News
3 weeks 6 days ago

When disaster strikes, REALTORS® step up, whether that's to deliver food, water, or other vital assistance or to donate money to those in need. That's where the REALTORS® Relief Foundation comes in. Since its inception in 2001, the RRF has raised more than $25 million to provide mortgage and rental assistance to victims of more than 50 disasters, including wildfires, floods, hurricanes, and tornadoes. RRF is a 501(c)(3) charitable organization, with administrative costs covered by...

CAR News
4 weeks 3 days ago

How C.A.R. is elevating women in real estate leadership

This year, C.A.R. launched its Women's Initiative to help elevate women to leadership positions at both the brokerage and senior management levels and create a community where mentors and leaders can communicate, collaborate, advocate for, and support one another.

In June, the Association held its inaugural WomanUP!™ conference in Pasadena. Over 300 women and men were present for a day of...

CAR News
4 weeks 5 days ago

NAR Call for Action to Reauthorize the National Flood Insurance Program

NAR has issued a nationwide Call-for-Action asking that all REALTORS® urge Congress to reauthorize the National Flood Insurance Program (NFIP) before its current authority expires on September 30th. The NFIP is important to homeowners for two key reasons. First, the NFIP is the only flood insurance available in many communities, and homes in the 100-year flood plain are required to have...

CAR News
4 weeks 5 days ago

For release:
August 23, 2017

California pending home sales trend lower in July from previous month and year

LOS ANGELES (Aug. 23) – The strong sales momentum that occurred during the peak home-buying season gave way in July as shrinking housing inventory and waning affordability stifled pending home sales, which declined both from the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said...