CAR Market Matters

Talking Points The CALIFORNIA ASSOCIATION OF REALTORS® released its 2nd quarter housing affordability report, which showed that the percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California declined to 29...

Understanding the Market

Market Pulse Survey • The open house traffic index saw year over year growth for the fourth straight month. The index was 63 in June, up from last year’s index at 53. • REALTOR optimism about market conditions continued and remained above fifty. The index, however,...

CAR Market Matters

Talking Points A drop in interest rates drives homeowners and homebuyers to the mortgage market. Total mortgage application volume increased 3 percent last week, according to the Mortgage Bankers Association. The increased mortgage activity was buoyed by applications...
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