News

California Housing Market Remains Resilient in January Despite Rising Interest Rates, C.A.R. Reports Existing, single-family home sales totaled 444,540 in January on a seasonally adjusted annualized rate, up 3.4 percent from December and down 8.3 percent from January 2021. January’s statewide median home price was $765,580, down 3.9 percent from more»

California housing affordability improves in fourth-quarter 2021 as prices level off and incomes grow, C.A.R. reports Twenty-five percent of California households could afford to purchase the $797,470 median-priced home in the fourth quarter of 2021, up from 24 percent in third-quarter 2021 but down from 27 percent in fourth-quarter 2020. A minimum more»

California Home Sales and Prices Ease in December, as 2021 State Housing Market Posts Best Performance in More Than a Decade, C.A.R. Reports Existing, single-family home sales totaled 429,860 in December on a seasonally adjusted annualized rate, down 5.4 percent from November and down 15.7 percent from December 2020. December’s statewide median more»

C.A.R.’s Housing Affordability Fund Partners with Housing Nonprofits to Provide Closing Cost Grants to Underserved First-Time Buyers In an effort to address California’s growing housing affordability crisis and racial homeownership divide, the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Housing Affordability Fund is partnering with more»

California Housing Market Defies Higher Interest Rates and Inventory Crunch in November, as Recovering Economy Provides Support, C.A.R. Reports Existing, single-family home sales totaled 454,450 in November on a seasonally adjusted annualized rate, up 4.7 percent from October and down 10.7 percent from November 2020. November’s statewide median more»

CDPH Requires Masking for All Public Indoor Settings to Slow the Spread of COVID-19 In Response to Increasing Case Rates and Hospitalizations Beginning December 15, CDPH will require masks to be worn in all indoor public settings irrespective of vaccine status through January 15, 2022, at which point California will make further recommendations as needed more»

Meet the 2021 Marin REALTORS® Award Winners Affiliate of the Year: Adrianne Peixotto Adrianne has been extremely helpful to the REALTOR® community, including making informative presentations to the Government Affairs Committee. Making a Difference Award: Anna Frost Anna has served on the Government Affairs Committee since 2018 and served this more»

FHFA Raises Fanny and Freddie Conforming Loan Limits The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to increase the 2022 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $647,200 on one-unit properties and more»