C.A.R. Reports Q4 2012 Housing Affordability Off Pace



CALIFORNIA ASSOCIATION OF REALTORS

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported yesterday on the state’s housing situation. According to C.A.R. home prices were on the increase in Q4 of 2012, while low interest rates provided an offset where affordability is concerned. Overall affordability was down according to C.A.R.’s Traditional Housing Affordability Index (HAI).

Optimism Grows Among California Home Buyers



© Andrew Bayda - Fotolia.com

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.