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California Home Sales Tick Higher in March as Statewide Median Price Sets Another All-Time High Existing, single-family home sales totaled 426,970 in March on a seasonally adjusted annualized rate, up 0.5 percent from February and down 4.4 percent from March 2021. March’s statewide median home price was $849,080, up 10.1 percent from February and more»

True Equity Starts with Homeownership as Coalition Calls for Increased Funding for Construction of Owner-Occupied Homes in Governor’s May Revise Budget Ownership housing is the best strategy to help low-income Californians escape poverty SACRAMENTO (April 5) – More middle-class Californians and the businesses that employ them cite a lack of more»

California Home Sales Edge Higher in February, According to the Latest C.A.R. Report Existing, single-family home sales totaled 424,640 in February on a seasonally adjusted annualized rate, down 4.5 percent from January and down 8.2 percent from February 2021. February’s statewide median home price was $771,270, up 0.7 percent from January and up more»

California REALTORS® urge Gov. Newsom to Focus on Homeownership After Omitting in State of the State Address LOS ANGELES (March 8) – CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) President Otto Catrina today issued the following statement after Gov. Gavin Newsom’s State of the State address: “The State of the State will not more»

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»