One Cool Thing
CAR Market Matters
Talking Points … New-home construction in the U.S. unexpectedly fell in December, indicating the industry lost some momentum entering 2016. Permits decreased 3.9 percent to a 1.23 million annualized rate last month, reflecting an 11.4 percent slump in applications for...
CAR Market Matters
Talking Points … Homebuilder confidence slipped in December, but the sector is poised for consistent growth next year. The National Association of Home Builders (NAHB) said Tuesday that sentiment in the market for newly built single-family homes fell 1 point, to 61,...
A message from C.A.R. President Ziggy Zicarelli
Dear CAR Member, This year is ending on a high note with some very good news for REALTORS® and California home buyers. Earlier this month, C.A.R. scored a huge victory when President Obama signed H.R. 22, the Surface Transportation Reauthorization and Reform Act of...
NAR Weekly Newsletter
Check out the most recent NAR REALTOR Newsletter
New Law Alert for Brokers
All CalBRE Brokers with licenses expiring after Dec. 31, 2015 are now required to take three (3) hours of Office Management and Supervision as part of your 45-hour continuing education requirement to renew. Even if you've completed your 45 hours of CE, you'll NEED to...
CAR Market Matters
Talking Points … According to CoreLogic’s latest Negative Equity Report, the number of residential homes with negative equity, also referred to as being “underwater,” has been steadily declining in the last few years while the number of homes with equity has been on...
One Cool Thing
CAR Market Matters
Talking Points … The aggregate home equity position of U.S. households has shown continued improvement. Household holdings of real estate totaled $21.826 trillion in the third quarter of 2015, $1.365 trillion higher than its level in the third quarter of 2014, ,...