Authors Posts by CAR

CAR

Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is one of the largest state trade organizations in the United States, with nearly 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Contact:

Los Angeles - Executive Office:
525 South Virgil Avenue
Los Angeles, CA 90020-1403
Phone: (213) 739-8200
Fax: (213) 480-7724

Media:

Mark Giberson
Phone: (213) 739-8304.

California pending home sales bounce back in October

Pending home sales bounced back from the previous month at the statewide level in October, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Pending sales were also significantly higher on an annual basis, portending higher closed escrows in the next couple of months

California pending home sales a mixed bag in September

Pending home sales results varied across California in September, decreasing statewide and in Southern California, but increasing in the Central Valley and San Francisco Bay Area, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. All regions recorded year-over-year improvements, though.

California’s housing market returning to normalcy as year ends

LOS ANGELES - January 19, 2015 - (RealEstateRama) -- California’s regional housing markets ended the year with mixed results as statewide home sales inched up from a year ago for the first time in nearly a year and a half, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

California pending home sales cool down in November

LOS ANGELES - December 24, 2014 - (RealEstateRama) -- California’s pending home sales slowed down in November as seasonal factors kicked in and shrinking housing affordability remained an issue, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

Baby boomers still play active role in housing market, C.A.R. survey finds

LOS ANGELES - December 23, 2014 - (RealEstateRama) -- As the wealthiest generation and the first to drive the housing market, baby boomers will continue to be a pillar of the housing market, according to a 2014 CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of California baby boomers* (born between 1946 and 1964)

More home buyers turning to social media in home-buying process, REALTOR® survey finds

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 REALT...

Equity home sales near 90 percent of all home sales, while pending home sales...

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 ...

California home sales and price gains temper in May as buyers confront housing affordability...

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.  Mean...

MyNHD Integrates with zipForm®

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...

C.A.R.’s 2013 Investor Survey Results

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 dema...

June pending and distressed home sales report

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...

Mobile technology dominates home buying process, REALTOR® survey finds

LOS ANGELES, CA - July 18, 2013 - (RealEstateRama) -- Demonstrating the proliferation of mobile technology into nearly every facet of our lives, more than eight out of 10 home buyers are accessing home information on their smart phones and computer tab...

June home sales ebb, as median home price continues upward trend

LOS ANGELES, CA - July 16, 2013 - (RealEstateRama) -- California home sales pulled back in June as home prices continued to climb, with most regions posting healthy double-digit year-over-year gains and the statewide median price maintaining above the ...

C.A.R.’s statement on the “Housing Finance Reform and Taxpayer Protection Act”

LOS ANGELES, CA - June 27, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) today issued the following statement on the “Housing Finance Reform and Taxpayer Protection Act,” proposed yesterday by Sens. Bob Corker and...

Equity home sales post higher in May; share of REO sales in single-digits for...

LOS ANGELES, CA - June 25, 2013 - (RealEstateRama) -- The share of equity home sales in California continued to grow in May, making up nearly four of every five home sales. Meanwhile, sales of REOs fell into the single-digits for the second straight m...

Bolstered by strong sales in higher-priced regions, California median home price records largest...

LOS ANGELES, CA - June 18, 2013 - (RealEstateRama) -- Strong sales growth in higher-priced markets and continued housing supply shortage pushed up California’s median home price in May, resulting in the largest year-over-year price gain in at least t...

California Senate Leadership seeks to punish homeowners and REALTORS® for opposing $75 recording tax

LOS ANGELES, CA - May 28, 2013 - (RealEstateRama) -- This morning the Senate Appropriations Committee approved Senate Bill 30 (R. Calderon), which would extend existing provisions of state law protecting homeowners from having to pay income tax on a "s...

Distressed sales continue downward trend; underwater homes gaining equity, C.A.R. reports

LOS ANGELES, CA - May 22, 2013 - (RealEstateRama) -- Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five year...

California home sales and prices spring higher in April; median price posts five-year high

LOS ANGELES, CA - May 16, 2013 - (RealEstateRama) -- Fueled by high demand and tight inventory, California home sales and prices both experienced strong increases in April, with the median price surpassing the $400,000-mark for the first time in five y...

C.A.R. offers free home buyers fair to help prospective home buyers prepare for homeownership

LOS ANGELES, CA - May 13, 2013 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) will host a free “Endeavor to Achieve Homeownership Home Buyers Fair” to help prepare prospective first-time home buyers enter the California hou...

Higher home prices lower California housing affordability, C.A.R. reports

LOS ANGELES, CA - May 13, 2013 - (RealEstateRama) -- Higher home prices put a dent in California’s housing affordability during the first quarter of 2013, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported

California REALTORS® applaud new FHFA appointment

Los Angeles, CA - May 2, 2013 - (RealEstateRama) -- The following is a statement made today by the CALIFORNIA ASSOCIATION OF REALTORS® President Don Faught

Equity sales hit five-year high; pending home sales post monthly gain as the housing...

LOS ANGELES, CA - April 22, 2013 - (RealEstateRama) -- The share of equity sales rose to their highest level in five years, while March California pending home sales climbed from the previous month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) rep...

California’s median home price posts highest level in nearly five years as intense competition...

LOS ANGELES, CA - April 15, 2013 - (RealEstateRama) -- Strong sales in higher-cost coastal regions and heated market conditions drove California’s median home price to its highest level in March since May 2008, while inventory shortages continued to ...

Chico Association of REALTORS® providing Clarus touchCMA™ to its REALTOR® members

LOS ANGELES, CA - April 2, 2013 - (RealEstateRama) -- The Chico Association of REALTORS® today announced that it will offer to its REALTOR® members Clarus touchCMA™, a new and leading edge comparative market analysis tool, as a new member benefit.

New C.A.R. ad campaign spotlights ripple effect of real estate

LOS ANGELES, CA - March 29, 2013 - (RealEstateRama) -- “What starts with one California REALTOR® benefits all of California.” That’s the underlying sentiment of a new integrated consumer ad campaign from the CALIFORNIA ASSOCIATION OF REALTORS®...

California median home price remains strong; buyers confront listings shortage

LOS ANGELES, CA - March 18, 2013 - (RealEstateRama) -- California’s median home price marked a full year of annual price gains, propelled by strong sales of higher-priced homes in February, while a lack of inventory constrained total home sales for t...

California pending home sales hit near-four-year high in January

LOS ANGELES, CA - February 28, 2013 - (RealEstateRama) -- California pending home sales posted the strongest gain in nearly four years during January, rising from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) repor...

Higher home prices send California housing affordability lower

LOS ANGELES, CA - February 25, 2013 - (RealEstateRama) -- Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

Continued shortage of homes on the market and seasonal slowdown send California home sales...

LOS ANGELES, CA - February 21, 2013 - (RealEstateRama) -- A typical seasonal slowdown, combined with a scarcity of available homes for sale put a damper on the California housing market in January, with both home sales and median price declining from D...

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