A Message from CAR President, Ziggy Zicarelli

Dear CAR Member, California has experienced a series of devastating wildfires across the state this summer, and as I write this, there is a fire burning out of control in San Bernardino County. In the wake of disastrous wildfires in 2003, C.A.R. established the C.A.R...

CAR Market Matters

Talking Points Lower interest rates failed to offset strong seasonal price increases, making it harder for Californians to purchase a home in the second quarter of 2016, the CALIFORNIA ASSOCIATION OF REALTORS® reported. The percentage of home buyers who could afford...

CAR Market Matters

Talking Points The score for the Housing Market Index rose this month along with the rankings for the housing market’s single family sales (current and within the next six months). Despite this, the ranking for traffic of prospective buyers decreased again, according...

CAR Realegal: Deducting Rental Losses

Real estate professionals must materially participate in their rental activities in order to deduct rental losses according to the Ninth Circuit Court of Appeals which interpreted Internal Revenue Code § 469 in Gragg v. United States of America; Internal Revenue...