California housing affordability climbs in first quarter 2019, C.A.R. reports

California housing affordability climbs in first quarter 2019, C.A.R. reports

LOS ANGELES (May 14) – More Californians could afford to purchase a home in the first quarter of 2019 as lower mortgage interest rates and cooler seasonal home prices combined with higher income levels to improve California housing affordability, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. The percentage of home buyers who could afford […]

California home sales, median price moderate in March, C.A.R. reports

– Existing, single-family home sales totaled 397,210 in March on a seasonally adjusted annualized rate, down 0.2 percent from February and down 6.3 percent from March 2018. – March’s statewide median home price was $565,880, down 5.9 percent from February and up 0.2 percent from March 2018. – The Unsold Inventory Index was 3.6 months in March, […]

Sold Non-MLS: We Want Your Data!

Sold Non-MLS: We Want Your Data!

Have you sold a property in our service area that was not on the MLS? We still want your data! MLS data is essential to your business, a huge help to our appraisers, and it provides a clearer picture of the overall real estate market in California and the nation.  Please be sure to include […]

PAR Scholarships Available to Area Students

PAR Scholarships Available to Area Students

The Plumas Association of REALTORS is now accepting applications for its yearly Leonard H.S. Franz Scholarships. This year, PAR will award up to $750 each to six graduating high school seniors planning to attend college or vocational school next fall. The scholarships are available to students from Quincy, Chester, Portola, Greenville, Loyalton and Westwood high […]

Message from C.A.R. President, Jared Martin

Message from C.A.R. President, Jared Martin

The year is starting off to be a busy one on the legislative front. C.A.R. recently announced its sponsorship or support of legislation to address California’s housing shortage. Among the measures intended to increase housing construction that C.A.R. is championing are: SB 50 (Sen. Scott Wiener) Housing Development Around Transit: Boosts housing and apartment development in […]

C.A.R.’s CCRE Catalyst Report Now Available

C.A.R.’s Center for California Real Estate recently released its Catalyst Report, which disseminates the wealth of innovative solutions produced from CCRE’s Real Estate Summit. The Catalyst Report is designed to be used as a resource for stimulating positive housing action within REALTORS®’ own communities, including business, political and social circles. Treat each objective as a […]

California home sales fall to lowest level in more than 10 years, C.A.R. reports

– Existing, single-family home sales totaled 357,730 in January on a seasonally adjusted annualized rate, down 3.9 percent from December and down 12.6 percent from January 2018. – January’s statewide median home price was $538,690, down 3.4 percent from December and up 2.1 percent from January 2018. – Statewide active listings rose for the 10th straight month, increasing […]

C.A.R. news release: 4th quarter 2018 housing affordability

This is a press release from California Association of Realtors® February 12, 2019 California housing affordability inches up in fourth quarter 2018, C.A.R. reports LOS ANGELES (Feb. 12) – Lower seasonal home prices allowed more Californians to afford a home purchase in the fourth quarter of 2018 compared to the previous quarter, but higher interest […]