CAR Market Matters

Talking Points There was a 2.6 percent drop in total mortgage application volume last week, according to the Mortgage Bankers Association's seasonally adjusted report.  Volume was 10.5 percent lower than a year ago. Refinance volume has been falling for the past month...

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CAR Monthly President’s Message

Dear REALTOR, Thank you to all of you who attended C.A.R.’s Legislative Day in Sacramento earlier this month. Your attendance made it a great success! An unprecedented 2,500 of you turned out to hear Gov. Jerry Brown address us in the morning. Brown spoke about the...

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CAR Market Matters

Talking Points Mortgage application volume fell 2.7 percent last week, according to the Mortgage Bankers Association's seasonally adjusted report.  Volume was 4.5 percent lower than a year ago. The weakness was most pronounced in applications to refinance a home loan....

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CA Home Sales Tick Higher in March

California home sales tick higher in March as median price reaches eight-month high Existing, single-family home sales totaled 423,990 in March on a seasonally adjusted annualized rate, up 0.3 percent from February and 1.6 percent from March 2017. March’s statewide...

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CAR Market Matters

Talking Points Total mortgage application volume fell 0.4 percent for the week, according to the Mortgage Bankers Association's seasonally adjusted report. Volume was 6 percent lower than a year ago. Refinancing applications fell 1 percent for the week and were 18...

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