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Housing Matters Podcast
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SLIDESHOW
Most California home buyers use a REALTOR® to assist them in the home buying process. Have a look at the top six reasons. »
Lillestrom is considered Norway’s best cycling city. To serve the enormous community of cyclists, the Bicycle Hotel opened next to the main train station and gives bikes a nice, warm, and protected space to rest while their owners are busy in the city. Bicycle Hotels are now popping up near railway stations in cities throughout Norway. »
WHAT'S NEW
- Home Prices Rose 6.7% in October, Says CoreLogic
- Cost of Housing is a Drag for Jobs
- Understanding the Post-Trump Interest Rate Hike
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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. »
Led by the Southern California region, California statewide pending home sales grew modestly in October from the previous year and were down from September as the market begins its seasonal cooldown. »
The California Supreme Court has ruled that a salesperson working with a seller owes a fiduciary duty of disclosure of material facts to the buyer in the transaction when both the buyer’s and seller’s salesperson are licensed under the same broker. »
Bolstered by healthy sales activity in Southern California and the Central Valley, California existing home sales and median price gained ground in October on a month-to-month and year-over-year basis. »
Rising wages and slightly lower interest rates did little to improve California’s housing affordability, which remained flat compared to the previous quarter. »
Leading the team is C.A.R. President Geoff McIntosh, a 30-year real estate veteran and broker in Southern California.  Serving with McIntosh are President-elect Steve White, Treasurer Jared Martin, and Chief Executive Officer Joel Singer. »
“Housing Affordability and California’s Future” Real Estate Summit will convene leading experts in policy, academia, and business to explore housing affordability, the state’s most pressing housing issue. »
The blog discusses Singer’s influence on the industry, how he randomly landed a job as an economist at C.A.R., his proudest accomplishments, and his future vision for the industry. »
The C.A.R. forecast sees a modest increase in existing home sales of 1.4 percent next year to reach 413,000 units, up slightly from the projected 2016 sales figure of 407,300 homes sold. Sales in 2016 also will be virtually flat at 407,300 existing, single-family home sales, compared with the 408,800 pace of homes sold in 2015. »

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