TIGAR Blog

November 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

LOS 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

LOS 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

Key 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

WASHINGTON (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

LOS 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

LOS 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

LOS ANGELES (May 2) – In light of the preliminary court approval of a settlement by real estate brokerages and the National Association of REALTORS® for antitrust lawsuits, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today has placed an open letter in numerous California newspapers to mitigate confusion about the process of buying and selling… Read more: California REALTORS® place open letter in California newspapers to mitigate confusion about pending changes in industry business practices

Dear Valued TIGAR Members, We are delighted to inform you that the results of the membership votes for both organizations overwhelmingly support the merger between The Inland Gateway Association of REALTORS® (TIGAR) and the East Valley Association of REALTORS® (EVAR). TIGAR saw 15% of its membership vote, with 85%… Read more: TIGAR/EVAR Merger Vote Results