CALBRE Guidance – Emails Now Required and Team Names

Contact Information: All licensees now must provide email addresses to the California Bureau of Real Estate (CalBRE) according to an Advisory regarding Assembly Bill 2540 (AB 2540). The bill requires that examination and licensee applicants, as well as current...

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CAR Market Matters

Talking Points … California’s regional housing markets ended the year with mixed results as statewide home sales inched up from a year ago for the first time in nearly a year and a half, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Sales in December...

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CAR Market Matters

Talking Points … As the wealthiest generation and the first to drive the housing market, baby boomers will continue to be a pillar of the housing market, according to a 2014 CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of California baby boomers (born between...

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Short sale tax break signed into law

Source: Housingwire Homeowners who had short sales in 2014 can now breathe a giant sigh of relief, as the Mortgage Debt Forgiveness Act was signed into law by President Barack Obama. Under the Mortgage Debt Forgiveness Act, any mortgage forgiveness achieved in a short...

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Piggyback Loans Revisited

Source: The New York Times “Piggyback loans” are readily available once again, but not in the form that allowed many borrowers to buy homes with no money down before the housing crash. These mortgages are essentially a two-loan package — one “piggybacks” on the other...

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Share with Clients

Market Snapshot: Housing Affordability Challenges for the Younger Generation and First-Time Buyers Housing affordability differs between age groups, as their financial characteristics vary. Potential homebuyers aged 30 and under are the ones who face the biggest...

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