CAR Market Matters

Talking Points Interest rates rose last week, and consequently total mortgage application volume fell 4.6 percent from the previous week. The Mortgage Bankers Association's seasonally adjusted weekly index now stands down 19 percent from the same week one year ago....

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Potential Ballot Initiative for 2018

Two weeks ago your local leadership team attended the C.A.R. meetings in San Diego.  At the voting session, the C.A.R. Board of Directors approved a C.A.R. effort to put an initiative on the November 2018 state wide ballot. If C.A.R. is successful in placing it on the...

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CAR Market Matters

Talking Points Mortgage applications to purchase a home and for refinancing barely budged last week, the Mortgage Bankers Association reported. Economists are blaming the stall in loan demand on rising interest rates and rising home prices. Total mortgage application...

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New Legal Tools

C.A.R. Legal Tools offers dynamic, concise, and engaging legal material to help you, your office, and your clients quickly and easily understand key legal issues pertaining to real estate. The most recent Legal Tools topic discusses an agent’s duty to conduct a...

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Understanding the Market

Market Pulse Survey • For the 37% of properties selling below asking price, the average percentage paid below asking price decreased to 12% from 13% last month, but flat from last year. • For the 31% of properties selling above asking price, the average premium paid...

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CAR Market Matters

Talking Points "Rates held relatively flat this week. The 10-year Treasury yield fell just 1 basis point, while the 30-year mortgage rate remained unchanged at 3.83 percent,” said Sean Becketti, chief economist, Freddie Mac. 30-year fixed-rate mortgage (FRM) averaged...

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NLTRA Housing Luncheon

The NLTRA would like to invite the Tahoe Sierra Board of REALTORS and its members to attend a very important conversation on housing next week at their annual membership luncheon. This regional issue impacts the entire Tahoe-Truckee business community, and they want...

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