CAR Market Matters

Talking Points Mortgage applications increased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 2, 2017. This week's results included an adjustment for the...

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Homeowners cash in on equity in droves

In the first quarter of 2017, nearly half of refinance borrowers took cash out, up from 44 percent in the fourth quarter of 2016, according to Freddie Mac. This is the highest share since the fourth quarter of 2008, but still below the peak of 89 percent in the third...

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A message from C.A.R. President Geoff McIntosh

Fellow REALTOR®, No doubt you’ve heard about Zillow Group’s “Instant Offers” pilot program for home sellers where, with or without an agent, homeowners can entertain instant offers and sell their home quickly. This program – which is essentially a new take on another...

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CAR Market Matters

Talking Points Mortgage applications decreased 3.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 26, 2017. The Market Composite Index, a measure of mortgage...

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CAR Housing Affordability Fund

Did you know REALTORS® can complete a Housing Affordability Fund program application and certification form on behalf of their client? The program application and certification form along with the rules and conditions for HAF’s Homeowners Association Grant Program are...

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Chain (Train) Transactions

When multiple transaction are linked together, called "chain" or "train" transactions, it can be a challenge to keep one or more of the transaction from derailing. Such transactions occur when: A buyer's home purchase is contingent on the sale of the buyer's home; A...

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CAR Market Matters

Talking Points According to the National Association of REALTORS® (NAR), total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, dipped 2.3 percent to a seasonally adjusted annual rate of 5.57...

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