CAR Applauds FHFA Decision to Conform Loan Limits



The California Association of Realtors (CAR) has come out in support of the Federal Housing Finance Agency’s decision to keep the 2015 maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac at $417,000

Optimism Grows Among California Home Buyers



California home buyers are more optimistic about the housing market than they were three years ago, according to a new study from the California Association of Realtors.

California Home Sales Predicted to Continue Gradual Climb in 2013, State Realtors Group Says



Home sales in California are expected to continue their ascent into 2013, according to the California Association of Realtors. The increase from 2011 to 2012 is expected to be 5.1 percent. The state association expects sales to jump about 1.3 percent in 2013 to approach 530,000 units. Some 523,300 units are projected to be sold by the end of this year.

U.S. Housing Market: Median Price Up, Quicker Sales Than Same Time Last Year



There’s encouraging news on the U.S. housing market on at least two fronts, with the national median sales price of existing homes rising over the last month, on the back of news that homes are now selling faster now than they were 12 months ago

California Moves to Block Bulk REO Sales



Lawmakers in California have set out to prevent investors taking advantage of the recently proposed ‘REO to Rental’ program from, which would allow buyers to snap up foreclosed homes in bulk, on condition that these homes are then rented out for a stated period of time.

California Home Sales Increased in November, Report Says



Monthly and annual home sales numbers increased in November, according to a new report by the California Association of Realtors (C.A.R.). Sales of single family detached homes were up 2.1 percent, and that is good news for real estate professionals. In October, single family home sales reached 493,140, and in November, they topped 503,570 units, […]

HomeHeads to Build Trust in California Realtors



While the debate about whether to buy or not to buy continues to rage, there is another heated arguments doing the rounds that we like to think shouldn’t even be on the agenda – DIY.

Fewer Distressed Properties Sold in California



Distressed properties in Los Angeles County accounted for 51% of homes sold during March, down from a total of 56% in February, according to the California Association of Realtors yesterday.

California Realtors Ask for Easier Short Sales



California real estate agents believe foreclosure alternatives should be easier.  In an open letter published in as many as seven major California newspapers, the California Association of Realtors (CAR) pleaded its case for a more simplified, standardized short sale process. According to the letter, 640,000 California residents have lost their homes in the past two […]

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