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Homeowner Legislative Facts

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WHAT'S NEW
- Foreclosure timelines in California, Nevada stay lengthy
- FHFA says conforming loan limits will not change for 2015
- Southern California home prices flat in September, Case-Shiller says
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Pending home sales in California picked up steam in October and rose for the second straight month. »
FHFA keeps the 2015 maximum conforming loan limits at $417,000 in most areas and a cap of $625,500 in high-cost areas.  Loan limits were increased in Monterey, Napa, San Diego, and Ventura counties. »
HUD Secretary Julián Castro stresses need for expanding credit and reforming housing finance system at C.A.R.’s inaugural Real Estate Summit. »
Low mortgage rates fail to perk California home sales in October, while Bay Area continues to experience low inventory and strong price and sales growth.  »
hpi_2015leadershipChris Kutzkey is President, Pat “Ziggy” Zicarelli is President-elect , Geoff McIntosh is Treasurer, and Joel Singer is Chief Executive Officer. »
hpi_appleNow is the time to enroll in the comprehensive health insurance program offered exclusively to C.A.R. members! »
Housing affordability in California holds steady in third quarter but improves in Bay Area. »
Contrary to popular belief, millennials still highly value homeownership, and a majority expect to buy a home in the next five years. »
hpi_2015forecastWith more available homes on the market for sale, California’s housing market will see fewer investors and a return to traditional home buyers as home sales rise modestly and prices flatten out in 2015. »





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