News

September home sales and price report

Published Thursday, October 17, 2019

LOS ANGELES (Oct. 16) – Amid the most favorable mortgage interest rates in nearly three years, California’s housing market recorded a third consecutive year-over-year sales increase as month-over-month sales remained essentially flat, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. 

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Locations Close to Public Transit Boost Residential, Commercial Real Estate Values

Published Monday, October 14, 2019

WASHINGTON (October 14, 2019) – Neighborhoods located within a half-mile of public transit services outperformed those in areas farther from public transit based on a number of factors, according to a report released today by the American Public Transportation Association(link is external) and the National Association of Realtors®.

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Rising Financial Wealth Boosts Demand for Vacation Homes

Published Thursday, October 10, 2019

WASHINGTON (October 10, 2019) – Increased financial wealth and low mortgage rates boosted the demand for and price of vacation homes, according to the National Association of Realtors® 2019 U.S. Vacation Home Counties Report, https://www.nar.realtor/research-and-statistics/research-reports/us-vacation-home-counties.

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Gov. Newsom signs bill that addresses housing crisis

Published Wednesday, October 9, 2019

LOS ANGELES, Calif. – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement on the governor’s signing of Sen. Nancy Skinner’s (D-Berkeley) SB 330:

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Home Improvement Projects Are Worth Cost and Time, Says Realtor® Survey

Published Thursday, October 3, 2019

WASHINGTON (October 3, 2019) – Homeowners who decide to undergo a home improvement project, whether it be interior or exterior modifications, often find that the task was worth the investment and time, according to a new report from the National Association of Realtors®, with insights from the National Association of the Remodeling Industry.

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2019 Realtor® Good Neighbor Award Winners Honored, Celebrate 20-Year Milestone of Giving Back

Published Wednesday, October 2, 2019

WASHINGTON (October 2, 2019) – Over the last 20 years, the Good Neighbor Awards program has recognized Realtors® who make an extraordinary impact on their communities through devoted volunteer work.

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Why Foreign Investment in the US Looks Different

Published Friday, September 27, 2019

Three years ago, Chinese investment in U.S. real estate hit a peak of $46.5 billion.

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C.A.R. releases its 2020 housing forecast

Published Thursday, September 26, 2019

LOS ANGELES (Sept. 26) – Low mortgage interest rates will support California’s housing market in 2020 but economic uncertainty and affordability issues will mute sales growth, according to a housing and economic forecast released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

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