News from california association of realtors® (c.a.r.) 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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16:08 ET Higher home prices and economic recession dampen California housing affordability in second-quarter 2020, C.A.R. reports

Higher home prices and lower household income caused by the economic recession dampened California housing affordability in the second quarter of...


Jul 29, 2020, 19:57 ET HUD's repeal of fair housing rule reverses decades of progress

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement regarding the Dept. of Housing and Urban Development's (HUD)...


Jul 23, 2020, 16:33 ET C.A.R. statement on HUD's roll back of rule that would weaken fair housing laws

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement regarding the Dept. of Housing and Urban Development's (HUD)...


Jul 16, 2020, 11:54 ET California housing market claws back past two months of losses in June as median home price sets another record high, C.A.R. reports

After falling to the lowest level since the Great Recession, California's housing market rebounded in June with the largest month-to-month sales...


Jun 16, 2020, 11:51 ET Full impact of coronavirus pandemic hits California housing market in May, C.A.R. reports

California home sales fell to the lowest level since the Great Recession as the housing market suffered the full impact of the coronavirus pandemic...


May 18, 2020, 11:54 ET California housing market feels full brunt of coronavirus outbreak in April, C.A.R. reports

California home sales dropped sharply in April from both the previous month and year as the housing market began to feel the full impact of the...


Apr 16, 2020, 12:14 ET California's housing market begins to feel effects of coronavirus as March home sales drop, C.A.R. reports

California home sales fell from both the previous month and year in March as the coronavirus pandemic began taking a toll on the housing market,...


Mar 23, 2020, 12:30 ET C.A.R. statement on FHFA's move for GSEs to grant flexibilities for appraisal and employment verifications

In an effort to provide market liquidity during the coronavirus emergency, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie...


Mar 20, 2020, 12:28 ET Declining interest rates bolster February California home sales and price pre-COVID-19 outbreak, C.A.R. reports

Before the coronavirus outbreak hit the state so severely, California's housing market was getting a strong foothold, with home sales and prices...


Mar 19, 2020, 11:00 ET More California REALTORS® expect COVID-19 to impact housing market, C.A.R. flash survey finds

As the coronavirus pandemic continues to worsen, a growing number of California REALTORS® this week expect the pandemic to negatively impact their...


Mar 12, 2020, 12:16 ET California REALTORS® expect coronavirus to impact housing market, C.A.R. flash survey finds

As the coronavirus continues to evolve, California REALTORS® expect the outbreak to negatively impact their business, primarily in the areas of home...


Feb 19, 2020, 18:22 ET California REALTORS® applaud Gov. Newsom's focus on housing in State of the State Address

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement after Gov. Gavin Newsom's State of the State address: "The...


Feb 19, 2020, 12:08 ET California home sales maintain last year's momentum in January, C.A.R. reports

Continued record low mortgage interest rates sustained California home sales in January as home prices pulled back from one of the highest levels...


Feb 12, 2020, 11:00 ET California housing affordability holds steady in fourth quarter, C.A.R. reports

Slightly higher mortgage interest rates offset steady home prices and held California housing affordability constant during the fourth quarter of...


Jan 17, 2020, 14:12 ET California REALTORS® statement on SB 50

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement on Senate Bill 50 after it was moved to the Senate Rules...


Jan 17, 2020, 13:05 ET Low interest rates boost housing market in second half of year as home prices post strong gains in December, C.A.R. reports

Tight housing inventory tamped down the benefits of the lowest interest rates in years and held back California home sales in December, the...


Jan 07, 2020, 14:46 ET California REALTORS® urge Legislature to act swiftly on SB 50 before January 31 deadline

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement on Sen. Scott Wiener's Senate Bill 50, which would help address ...


Dec 19, 2019, 17:15 ET California REALTORS® applaud House vote to temporarily repeal SALT deduction limit

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the House passage of H.R. 5377, a bill that...


Dec 17, 2019, 13:20 ET California home sales and prices ease back in November, but low rates and tight supply continue to provide support to the market, C.A.R. reports

California home sales and prices retreated in November, though the statewide median price recorded its largest year-over-year price gain in nearly a...


Nov 26, 2019, 15:48 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)...


Oct 28, 2019, 18:51 ET Housing group sues Huntington Beach over denial of mixed-income condominium project

Californians for Homeownership, a nonprofit organization sponsored by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) that aims to address...


Aug 15, 2019, 12:35 ET California home sales perk up in July for first time in more than a year, C.A.R. reports

The lowest mortgage interest rates in nearly three years helped jump start California's housing market to post the first year-over-year sales gain...


Jul 19, 2019, 13:28 ET California REALTORS® award more than $26,000 in scholarships

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Scholarship Foundation recently awarded 11 California college students with scholarships, ranging...


Jul 17, 2019, 12:07 ET California home sales retreat in June, but 2019 housing market outlook revised upward, C.A.R. reports

After rebounding in May, California home sales fell below the benchmark 400,000 level in June as sales declined from both the previous month and...


Jun 17, 2019, 12:32 ET Lower interest rates perk up May home sales as median price reaches another high, C.A.R. reports

California's median home price edged higher to another peak for the second straight month as lower interest rates helped bolster home sales in May,...