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Homeowner Legislative Facts

A cool-looking green rock called olivine possesses a very strange property: it absorbs CO2 from the atmosphere and as a result helps halt global warming. There are plenty of obstacles getting to olivine out of the earth, but it’s already being put to use in the Netherlands via paths and gardens and is being explored as a construction material. »
- 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
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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