by Heather | Jan 29, 2020 | C.A.R., TSBOR, TSMLS
California is experiencing a dire housing shortage because it fails to build enough residential units to meet the demand. The state ranks 49th in the number of housing units per resident and in 2018 had a rental vacancy rate of 4.4%. Job growth continued to outpace...
by Heather | Jan 23, 2020 | C.A.R., NAR, TSBOR, TSMLS
With the calendar now officially flipped to 2020, Fannie Mae, Freddie Mac, and the Federal Housing Administration are now backing larger mortgages than they were just a few days ago. That’s because the 2020 loan limits for each of those...
by Heather | Jan 23, 2020 | Legal, TSBOR, TSMLS
Real estate agents often become the go-to for all the advice their clients need during the house-hunting process. Some become more like therapists than salespeople, with buyers especially, but renters too, needing immense support through the understandably stressful...
by Heather | Jan 13, 2020 | C.A.R., Legal, TSBOR, TSMLS
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has issued the following statement on Sen. Scott Wiener’s Senate Bill 50, which would help address the state’s urgent housing shortage and affordability crisis: “The California Association of...
by Heather | Jan 9, 2020 | C.A.R., TSBOR, TSMLS
C.A.R. saves your sanity by keeping you updated on legislative news. The Association recently issued the following statement in response to the House passage of H.R. 5377, a bill that temporarily eliminates the cap on state and local tax (SALT) deductions for 2020 and...
by Heather | Jan 2, 2020 | C.A.R., Legal, TSBOR, TSMLS
Three-Year Investigation Shines Spotlight on Unequal Treatment and Steering by Real Estate Agents A three-year investigation uncovered rampant unequal treatment and steering of potential minority homebuyers by real estate agents on Long Island. The...