CAR Market Matters

Talking Points The Southern California six-county region’s median home price reached $465,000 last month, up 5.9 percent from November 2015, real estate data firm CoreLogic said. Sales soared 24.1 percent. The strong sales jump happened largely because last year’s new...

CAR Market Matters

Talking Points U.S. home prices rose 7.7 percent in November, the largest year-over-year increase in 14 months, according to Redfin, the real estate brokerage. Home sales rebounded after a tepid October, growing 20.1 percent, the biggest annual gain since July 2015....

A message from C.A.R. President Geoff McIntosh

Fellow REALTORS®, This year is ending on a high note with some very good news for REALTORS® and California home buyers.  Late last month, the Federal Housing Finance Agency (FHFA) announced it will increase the 2017 maximum conforming loan limits for mortgages...

CAR Market Matters

Talking Points Home prices, including distressed sales, increased annually by 6.7 percent in October 2016, and increased 1.1 percent from September, according to the Home Price Index and HPI Forecast by CoreLogic. Additionally, 384,000 borrowers moved out of negative...
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