CAR Market Matters

Talking Points Total mortgage application volume decreased 1.7 percent last week and was 15 percent lower than a year ago, according to the Mortgage Bankers Association’s seasonally adjusted report. The average contract interest rate for 30-year fixed-rate...

Real Estate Professionals and 2018 Taxes

While disaster after disaster seems to be engulfing the state, there may be some relatively good tax news for real estate professionals.  The IRS has just issued proposed regulations implementing “The Tax Cuts and Jobs Act.” The most interesting...

CAR Market Matters

Talking Points Total mortgage application volume rose 4.2 percent last week, according to the Mortgage Bankers Association’s seasonally adjusted report. Volume was still 15 percent lower compared with the same week one year ago. The average contract interest...

C.A.R. Monthly President’s Message

Dear CAR Member, I want to give you an update on C.A.R.’s continuing effort to address California’s unprecedented housing supply crisis and eliminate the “moving penalty” that severely restricts the ability of seniors, disabled residents, and victims of natural...