News

California’s housing market retreats for third straight month as affordability crunch dampens demand, C.A.R. reports

Published Thursday, August 16, 2018

LOS ANGELES (Aug. 16) – California’s housing market backpedaled in July on an annual basis for the third consecutive month as higher interest rates and rising home prices eroded housing affordability and dampened demand, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

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C.A.R. Takes Action on Statewide Initiatives

Published Thursday, August 16, 2018

In coming weeks, C.A.R. will be launching its plan to help pass Proposition 5, C.A.R.’s Property Tax Fairness initiative, and defeat Proposition 10, the effort to repeal the landmark Costa Hawkins law.

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Big Win for REALTORS® on IRS Guidance for 20% Income Deduction

Published Thursday, August 9, 2018

If you were tuned to the news Aug. 8 you might have heard the IRS released proposed regulations on the new 20 percent business income deduction for pass through businesses.

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Metro Home Prices Climb to New All-Time High; Rise 5.3 Percent in Second Quarter

Published Wednesday, August 8, 2018

WASHINGTON (August 8, 2018) — Amidst staggeringly low inventory levels in much of the country during the second quarter, existing-homes sales cooled and home prices maintained their robust level of appreciation, according to the latest quarterly reportby the National Association of Realtors®.

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2nd quarter housing affordability

Published Wednesday, August 8, 2018

LOS ANGELES (Aug. 8) – Record home price increases and higher interest rates combined to constrain California housing affordability to the lowest levels in 10 years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

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Realtors® See Strong International Activity, Organize Global Real Estate Conference

Published Tuesday, August 7, 2018

WASHINGTON (August 7, 2018) — Realtors®, members of the National Association of Realtors®, will travel to Hanoi, Vietnam to join experts in the real estate industry from all over the world to learn, share, connect and transact during the 2018 International Real Estate Conference(link is external).

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Code of Ethics Training

Published Tuesday, August 7, 2018

REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within two-year cycles.

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California REALTORS® file revised ballot initiative to eliminate moving penalty on seniors, disabled and unlock housing market

Published Tuesday, August 7, 2018
  • LOS ANGELES (Aug. 7) In its continuing effort to address California’s unprecedented housing supply crisis and eliminate the “moving penalty” that severely restricts the ability of seniors, disabled residents, and victims of natural disasters to relocate, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has filed a revised initiative with the Attorney General for preparation of title and summary for the November 2020 ballot. The new initiative would:
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