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WHAT'S NEW

- US Housing Starts Total 1.226M in Dec vs. 1.20M Starts Expected
- Construction Up, But Permits Lackluster
- California Lifts Fidelity National Title Company's Suspension On Conducting Business

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California REALTORS® call on HUD and new Administration to make reinstatement of FHA insurance premium cut a priority.

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California’s housing market ended the year on a positive note, posting a moderate sales pace and home price increases in December. »
C.A.R. CEO Joel Singer and C.A.R. Chief Economist and SVP Leslie Appleton-Young have been named to Inman’s list of Real Estate Influencers of 2017. »
Pending home sales dropped from both the previous month and last year in November, indicating that the robust sales registered in November will likely not be repeated in the months ahead. »
C.A.R. is rolling out a redesigned website in 2017. The new car.org is designed to get you in and out quickly and efficiently.
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The Federal Housing Finance Agency (FHFA) increased the 2017 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $424,100 on one-unit properties and a cap of $636,150 in high-cost areas. »
Rising wages and slightly lower interest rates did little to improve California’s housing affordability, which remained flat compared to the previous quarter. »

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