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...

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...

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...

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...