Published Saturday, March 11, 2017
On April 4, 2017, NAR sent a letter to the full U.S. House urging support for H.R. 916, the "Risk Management and Homeowner Stability Act." The legislation would amend the Congressional Budget and Impoundment Control Act of 1974 to prohibit the use of Fannie Mae and Freddie Mac’s guarantee fees (g-fees) to pay for government spending. more»
Published Wednesday, February 18, 2015
LOS ANGELES (Feb. 18) – California’s housing market started the new year still bearing the scars of 2014’s tight housing inventory and low housing affordability as statewide home sales fell from the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.
Closed escrow sales of existing, single-family more»
Published Thursday, February 12, 2015
LOS ANGELES (Feb. 12) – California housing affordability improved from third-quarter 2014 but dipped when compared to a year ago, as lower interest rates failed to offset higher home prices, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.
The percentage of home buyers who could afford to purchase a median-priced, existing more»
Published Tuesday, January 27, 2015
Melvin L. Watt, director of the Federal Housing Finance Agency, told lawmakers this week that new programs to back mortgages with down payments as low as three percent had enough safeguards to make them as safe as loans with higher down payments. Watt faced criticism at a Congressional hearing that he was risking the loss of taxpayer money by returning to more»
Published Monday, January 26, 2015
MAR President Matt Hughes talked recently with CBS San Francisco about median sales prices in Marin and the competition buyers face in this market. Click on the link below to watch Matt's interview and read the full article.
Published Thursday, January 15, 2015
NAR has joined the United for Patent Reform coalition along with a diverse group of American businesses to pursue comprehensive solutions to abusive patent litigation, which costs the U.S. economy billions of dollars every year. more»