July Local Real Estate Market Report

2020-07 Plumas AOR Take a look at the statistics from July’s market activity in Plumas County! Here’s a quote from our 2020 C.A.R. President Jeanne Radsick and our SVP & Chief Economist, Leslie Appleton-Young which pretty much sum it all up: “A housing market trifecta of strong pent-up demand, record-low interest rates and a renewed […]

PAR President’s Message re: COVID-19

Dear PAR Members, I hope this finds you and your families safe and healthy. Your Association Executive Suzi Brakken and I have been in constant contact regarding the information coming at us about our industry. Now that we have been designated as an Essential Business and have “The Best Practices” guidelines,  Guidelines for Real Estate Best […]

LOCAL IMPACTS OF COVID-19 FOR PAR MEMBERS TO KNOW

We were informed yesterday (March 17, 2020) that the Plumas County Recorder’s Office has closed public access to their courthouse office due to COVID-19 transmission concerns. The recording of documents will be done by mail or by utilizing a lobby drop-box until further notice. David Windle, president of Cal-Sierra Title Company in Quincy, reports that […]

California Housing Market Holds Steady in October, C.A.R. Reports

From the California Association of Realtors: – Existing, single-family home sales totaled 404,240 in October on a seasonally adjusted annualized rate, up 0.1 percent from September and up 1.9 percent from October 2018. – October’s statewide median home price was $605,280, down 0.1 percent from September and up 6.0 percent from October 2018. – Year-to-date […]

Greater buying power and low rates bolster September home sales, C.A.R. reports

Greater buying power and low rates bolster September home sales, C.A.R. reports

– Existing, single-family home sales totaled 404,030 in September on a seasonally adjusted annualized rate, down 0.5 percent from August and up 5.8 percent from September 2018. – September’s statewide median home price was $605,680, down 1.9 percent from August and up 4.7 percent from September 2018. – Year-to-date statewide home sales were down 3.1 […]

California housing affordability dips in second quarter 2019, C.A.R. reports

· Thirty percent of California households could afford to purchase the $608,660 median-priced home in the second quarter of 2019, down from 32 percent in first-quarter 2019 but up from 26 percent a year ago. · A minimum annual income of $122,960 was needed to make monthly payments of $3,070, including principal, interest and taxes […]

California home sales retreat in June, but 2019 housing market outlook revised upward, C.A.R. reports

– Existing, single-family home sales totaled 389,690 in June on a seasonally adjusted annualized rate, down 4.2 percent from May and down 5.1 percent from June 2018. – June’s statewide median home price was $611,420, virtually unchanged from May and up 1.4 percent from June 2018. – Year-to-date statewide home sales were down 5.9 percent […]

Message from C.A.R. President Jared Martin

June 14, 2019 The past month has been extremely busy on the legislative front. C.A.R. members responded to several Red Alerts to express their opposition to harmful legislation, including two bills that together would have imposed unacceptable regulations on rental property owners. Thanks to your calls, C.A.R. was able to negotiate amendments on AB 1481and AB […]

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

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

Thank you to all of you who attended C.A.R.’s Legislative Day in Sacramento last week. Your attendance made it a great success! Nearly 2,500 of you turned out to hear Gov. Gavin Newsom address us in the morning. Following this year’s theme, “Homeownership Matters,” Newsom spoke about the state’s housing shortage, calling it a “crisis moment.” […]