CAR Market Matters

Talking Points Home prices, including distressed sales, increased annually by 6.7 percent in October 2016, and increased 1.1 percent from September, according to the Home Price Index and HPI Forecast by CoreLogic. Additionally, 384,000 borrowers moved out of negative...

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Understanding the Market

2017 California Housing Market Forecast Following a dip in home sales in 2016, California’s housing market will post a nominal increase in 2017, as supply shortages and affordability constraints hamper market activity. The C.A.R. forecast sees a modest increase in...

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The REALTOR® Party Revolution

There is a revolution brewing on almost every level of organized real estate. Be it MLS, market driven or legislative, the world we live in is changing; and it’s changing rapidly. As REALTORS®, we want to control our own destiny. By ensuring we are profitable,...

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CAR Market Matters

Talking Points The highest interest rates in well over a year are putting a dent in the mortgage business, according to the Mortgage Bankers Association. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or...

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

Fellow REALTORS®, I’m very excited to begin my term as your 2017 C.A.R. President.  First, I’d like to thank our outgoing president, Ziggy Zicarelli, for serving this organization so well over the past year.  I know he put in many miles traveling around the state to...

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CAR Market Matters

Talking Points Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®. All major regions saw monthly and...

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