- Center for California Real Estate’s wildfire expert panel shares recovery lessons, innovations for rebuilding Southern California’s communities LOS ANGELES (March 31, 2025) – Paradise, Calif., Mayor Steve Crowder provided firsthand insights on an expert panel discussing wildfire recovery hosted last week by the Center for California Real Estate (CCRE), telling attendees he expects his town’s recovery from the 2018 Camp Fire to last 20 years. The panel, The Road… Read more: Center for California Real Estate’s wildfire expert panel shares recovery lessons, innovations for rebuilding Southern California’s communities
- NAR Introduces New MLS Policy to Expand Choice for ConsumersMultiple Listing Options for Sellers complements the Clear Cooperation Policy by providing additional marketing choices for consumers while preserving equal access to property information on Multiple Listing Services CHICAGO (March 25, 2025) – Following its in-depth assessment of the Clear Cooperation Policy (CCP), the National Association of REALTORS® (NAR)… Read more: NAR Introduces New MLS Policy to Expand Choice for Consumers
- California REALTORS® place open letter in statewide California newspapers to provide crucial information to support and protect wildfire victimsLOS ANGELES (Feb. 5) – In the wake of the devasting Southern California wildfires, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today has placed an open letter in numerous California newspapers to support and help displaced homeowners understand what to expect and common pitfalls to watch out for in the critical weeks ahead as… Read more: California REALTORS® place open letter in statewide California newspapers to provide crucial information to support and protect wildfire victims
- C.A.R. installs 2025 Leadership teamNovember 11, 2024 CALIFORNIA ASSOCIATION OF REALTORS® installs 2025 Leadership team LOS ANGELES (Nov. 11) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has installed its 2025 Leadership Team. Leading the team is C.A.R. President Heather Ozur, a licensed Palm Springs REALTOR® with more than two decades of experience. Serving with Ozur are President-elect Tamara Suminski, Treasurer Mark Peterson and Chief Executive Officer Phil Hawkins. The… Read more: C.A.R. installs 2025 Leadership team
- California housing affordability improves from previous quarter and year as price growth ebbs and rates dip, C.A.R. reportsLOS ANGELES (Nov. 7) – Slower home price growth and more favorable interest rates in third-quarter 2024 buoyed California’s housing affordability from both the previous quarter and a year ago, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Infographic: https://www.car.org/Global/Infographics/HAI-2024-Q3 Sixteen percent of the state’s homebuyers could afford to purchase a median-priced, existing… Read more: California housing affordability improves from previous quarter and year as price growth ebbs and rates dip, C.A.R. reports
- Center for California Real Estate Recaps Top Housing Issues, Insights of 2024LOS ANGELES (Oct. 28, 2024) – The Center for California Real Estate (CCRE) has just released its list of top issues and insights in housing this year, reflecting the past 10 months of conversations among the state’s leading government, academia, nonprofit and business leaders working together to tackle California’s multi-faceted housing… Read more: Center for California Real Estate Recaps Top Housing Issues, Insights of 2024
- Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900Key Highlights WASHINGTON (July 23, 2024) – Existing-home sales fell in June as the median sales price climbed to the highest price ever recorded for the second consecutive month, according to the National Association of REALTORS®. All four major U.S. regions posted sales declines. Year-over-year, sales waned in the… Read more: Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900
- 26% of REALTORS® Said Lack of Inventory and Housing Affordability Prevented Clients from Buying Homes in 2023 as Existing-Home Sales Fell to Lowest Level Since 1995WASHINGTON (July 10, 2024) – In 2023, when the volume of existing-home sales hit the lowest level since 1995, 26% of REALTORS® named lack of inventory and housing affordability as the most important factors limiting potential clients from making a purchase, according to the National Association of REALTORS®’ 2024 Member Profile.… Read more: 26% of REALTORS® Said Lack of Inventory and Housing Affordability Prevented Clients from Buying Homes in 2023 as Existing-Home Sales Fell to Lowest Level Since 1995
- Highest mortgage rates since late 2023 dampen California home sales; California median home price sets another record-high, C.A.R. reportsLOS ANGELES (June 18) – Mortgage rates that surged to their highest levels since late last year hampered California home sales in May on both a monthly and an annual basis, while the statewide median home price exceeded $900,000 for the second straight month to set another record-high, the… Read more: Highest mortgage rates since late 2023 dampen California home sales; California median home price sets another record-high, C.A.R. reports
- Improvement in home prices, interest rates lifts California housing affordability during first-quarter 2024, C.A.R. reportsLOS ANGELES (May 9) – A mild retreat in mortgage interest rates and home prices made it easier for more Californians to purchase a home during the first quarter of 2024, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Seventeen percent of the state’s homebuyers could afford to purchase a median-priced, existing… Read more: Improvement in home prices, interest rates lifts California housing affordability during first-quarter 2024, C.A.R. reports