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
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