News

California REALTORS® announce “Pathway to Homeownership” Affordable Housing Project

Published Monday, May 21, 2018

LOS ANGELES (May 21) – In a demonstration of its commitment in advocating for affordable workforce housing in California, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today announced it is exploring the redevelopment of the site of its Los Angeles headquarters to build affordable workforce rental and for sale housing.

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National Association of Realtors® to Launch .realestate Top-Level Domain

Published Monday, May 21, 2018

WASHINGTON (May 21, 2018) — The National Association of Realtors® will be launching a new top-level domain, .realestate, later this year. The new domain extension is scheduled to be available in September for members of NAR, with a late November release to the general public.

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NAR Board OKs Stepped-up Ethics Enforcement, Dues Increase

Published Saturday, May 19, 2018

The NAR Board of Directors at its meeting in Washington May 19 took a major step toward increasing professionalism in real estate by giving associations new teeth for enforcing Code of Ethics violations, and it also positioned REALTORS® for the future by adopting the association’s first dues increase in eight years.

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California kicks off spring home-buying season with mixed results, C.A.R. reports

Published Thursday, May 17, 2018

LOS ANGELES (May 17) – California’s spring housing market posted mixed results as home sales cooled in April and home prices continued to accelerate, especially in the San Francisco Bay Area region, the CALIFORNIA ASSOCIATION OF REALTORS®(C.A.R.) said today.

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Realtors® Midyear Forecast: Home Sales, Prices to Rise Despite Inventory, Affordability Challenges

Published Thursday, May 17, 2018

WASHINGTON (May 17, 2018) – A stronger economy, wage growth and an improving job market are expected to march home sales and prices higher in 2018, but low supply and weakening affordability will tamper the rate of increases, according to speakers at a residential real estate forum during the 2018 REALTORS® Legislative Meetings & Trade Expo.

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REALTORS® Focus on the Future of Fair Housing

Published Wednesday, May 16, 2018

WASHINGTON (May 16, 2018) — Dr. Ben Carson, secretary of the Department of Housing and Urban Development, joined thousands of members of the National Association of Realtors® at a general session today during the 2018 REALTORS® Legislative Meetings & Trade Expo to commemorate the 50th anniversary of the Fair Housing Act.

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Strong wage growth and steady home prices buoy California housing affordability, C.A.R. reports

Published Tuesday, May 15, 2018

LOS ANGELES (May 15) – Higher wages and lower seasonal home prices combined to push California’s housing affordability higher in the first quarter of 2018, compared to the previous quarter, the CALIFORNIA ASSOCIATION OF REALTORS®(C.A.R.) said today.

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Metro Home-Price Growth Quickens to 5.7 Percent in the First Quarter

Published Monday, May 14, 2018

WASHINGTON (May 14, 2018) – Inventory levels hovering at all-time lows weighed down home sales and fueled faster price appreciation during the first three months of the year, according to the latest quarterly report by the National Association of Realtors®.

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