News

Property Tax Fairness Initiative Update

Published Thursday, June 28, 2018

Earlier this year, C.A.R. began the historic effort to address California’s unprecedented housing supply crisis as well as to increase homeownership opportunities for Californians by gathering nearly 1 million signatures—enough to qualify the Property Tax Fairness Initiative for the November 2018 General Election Ballot.

more»

Realtors® Commend Supreme Court Decision Promoting Fairness Between Online, Main Street Businesses_copy

Published Thursday, June 21, 2018

WASHINGTON (June 21, 2018) – The Supreme Court today announced its decision in the case of South Dakota v. Wayfair, Inc., holding that states have the right to require online sellers to collect and remit sales tax.

more»

Existing-Home Sales Backpedal, Decrease 0.4 Percent in May_copy

Published Wednesday, June 20, 2018

WASHINGTON (June 20, 2018) – Existing-home sales fell back for the second straight month in May, as only the Northeast region saw an uptick in activity, according to the National Association of Realtors®.

more»

May home sales and price report

Published Tuesday, June 19, 2018

LOS ANGELES (June 19) – California’s median home price reached a new high in May, while home sales retreated both on a monthly and annual basis, wiping out most of the gains posted for the year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

more»

Labor Rule Allows for AHPs

Published Tuesday, June 19, 2018

The U.S Department of Labor (DOL) has finalized its long-awaited Association Health Plan (AHP) rule to expand the definition of "employer" to include "working owners." This change allows real estate professionals and other self-employed individuals to participate in association health plans. A key provision, forwarded for inclusion in the rule by NAR, will allow many REALTORS® who have access to coverage through a spouse to be eligible to choose an AHP option.

more»

Take Action on Flood Insurance

Published Monday, June 18, 2018

The National Flood Insurance Program (NFIP) will expire on July 31, denying necessary insurance coverage to homeowners and buyers in more than 20,000 communities nationwide. Congress must act now to reform and extend the NFIP.

more»

Realtors® Celebrate National Homeownership Month in June

Published Sunday, June 17, 2018

WASHINGTON (June 1, 2018) – In recognition of National Homeownership Month in June, National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty issued the following statement:

more»

Metro Expresslanes - Customer Alert

Published Thursday, June 14, 2018

Caltrans will close access points to the I-10 Metro ExpressLanes between Freemont Avenue and Rio Hondo Avenue at specific locations on weekends beginning June 15 through August 2018. On-and off-ramps may be closed to accommodate the construction.

more»