News from CALIFORNIA ASSOCIATION OF REALTORS A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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May 16, 2019, 12:28 ET California home sales stumble into spring home buying season as median price sets another record, C.A.R. reports

California home sales remained muted entering the spring homebuying season as soft buyer demand continues to challenge the market, the CALIFORNIA...


May 14, 2019, 08:58 ET California housing affordability climbs in first quarter 2019, C.A.R. reports

More Californians could afford to purchase a home in the first quarter of 2019 as lower mortgage interest rates and cooler seasonal home prices...


Apr 22, 2019, 12:01 ET CALIFORNIA REALTORS® Sponsor Targeted Tax Credit for First-Time, Low- and Moderate-Income Home buyers in Disadvantaged Communities

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today announced its sponsorship of legislation intended to help first-time, low- and moderate-income ...


Apr 16, 2019, 13:25 ET California home sales, median price moderate in March, C.A.R. reports

The lowest interest rates in more than a year boosted California's housing market and kept home sales level in March after an exceptionally strong...


Mar 19, 2019, 12:25 ET California home sales rebound in February; median price dips, C.A.R. reports

California home sales bounced back in February after hitting the lowest sales level in more than 10 years the previous month, the CALIFORNIA...


Mar 13, 2019, 18:48 ET California REALTORS® Back Gov. Gavin Newsom's Housing Proposal

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today announced its support of Gov. Gavin Newsom's new legislative proposals to address the housing...


Mar 12, 2019, 11:00 ET California REALTORS® support bold 2019 legislative solutions to address state's housing crisis

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today announced its sponsorship or support of legislation that make up a bold package of bills to...


Mar 07, 2019, 12:58 ET California renters qualify for homeownership but lack financial knowledge to purchase, C.A.R. reports

While low affordability is the biggest obstacle most renters face in becoming homeowners, 14 percent of California renters can afford to purchase a...


Feb 20, 2019, 13:01 ET California home sales fall to lowest level in more than 10 years, C.A.R. reports

Housing demand in California remained subdued for the ninth consecutive month in January as economic and market uncertainties sent home sales to...


Feb 12, 2019, 18:30 ET California REALTORS® applaud Gov. Newsom's commitment to address housing crisis, C.A.R. says

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to Governor Gavin Newsom's State of the State...


Feb 12, 2019, 12:20 ET California housing affordability inches up in fourth quarter 2018, C.A.R. reports

Lower seasonal home prices allowed more Californians to afford a home purchase in the fourth quarter of 2018 compared to the previous quarter, but...


Jan 17, 2019, 14:43 ET California home sales close year on downward trend as home prices post mild gains, C.A.R. reports

California home sales declined for the eighth straight month in December, and a stagnating market for much of the year pushed sales lower in 2018 for ...


Dec 18, 2018, 13:20 ET California housing market sputters in November, C.A.R. reports

California home sales remained on a downward trend for the seventh consecutive month in November as prospective buyers continued to wait out the...


Dec 03, 2018, 15:11 ET The dream of homeownership is still alive for California renters, C.A.R. survey finds

Despite affordability challenges, California renters continue to hold homeownership in high regard and aspire to purchase a home eventually,...


Nov 27, 2018, 13:48 ET California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency's (FHFA)...


Nov 26, 2018, 12:59 ET California home buyers can't always get what they want, C.A.R. survey finds

California's competitive housing market and low housing affordability forced homebuyers to make compromises in their home purchases including price,...


Nov 15, 2018, 13:22 ET Homebuyers continue to wait it out in October as market uncertainties linger, C.A.R. reports

As market uncertainties continue to linger, California home sales declined for the sixth straight month in October and remained below the...


Nov 05, 2018, 14:38 ET CALIFORNIA ASSOCIATION OF REALTORS® Installs 2019 Leadership Team

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today installed its 2019 Leadership Team. Leading the team is C.A.R. President Jared Martin, a...


Nov 01, 2018, 10:58 ET Flat home prices, stable interest rates lift California housing affordability, C.A.R. reports

More Californians could afford to purchase a home in the third quarter as flat home prices and stable interest rates combined to improve California...


Oct 22, 2018, 14:56 ET California Housing Market Experiencing Shift as Home Sales Continue Descent in September, C.A.R. reports

The California housing market posted its largest year-over-year sales decline since March 2014 and remained below the 400,000-level sales benchmark...


Oct 11, 2018, 11:05 ET C.A.R. releases its 2019 California Housing Market Forecast

A combination of high home prices and eroding affordability is expected to cut into housing demand and contribute to a weaker housing market in 2019, ...


Oct 02, 2018, 10:30 ET State's largest real estate trade show, REimagine!, opens next week in Long Beach

CALIFORNIA REALTORS® will gather for the state's largest real estate trade show next week at the Long Beach Convention Center in Long Beach, Calif....


Sep 17, 2018, 12:16 ET California's housing market falters for fourth straight month as high home prices take toll on demand, C.A.R. reports

California's housing market dropped below the 400,000-level sales benchmark for the first time in more than two years as high home prices and eroding ...


Aug 16, 2018, 12:00 ET California's housing market retreats for third straight month as affordability crunch dampens demand, C.A.R. reports

California's housing market backpedaled in July on an annual basis for the third consecutive month as higher interest rates and rising home prices...


Aug 08, 2018, 09:30 ET Higher home prices, rising interest rates depress California housing affordability, C.A.R. reports

Record home price increases and higher interest rates combined to constrain California housing affordability to the lowest levels in 10 years, the...