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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. »
Technology that gets you better sleep sounds like a pretty good idea. The “it” Connected Bed from Sleep Number allows you to adjust the sides of the bed from the provided app, tracks how well you sleep from night to night, and connects to your fitness tracker so the recommendations that the app provides adjust based on your daily activities. »
WHAT'S NEW
- Pending Home Sales Drop For Third Time Straight
- Housing Affordability At Worst Level in Seven Years
- Housing Shortage in Los Angeles Will Put Drag On Economic Growth
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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. »
An increase in pending sales across all major regions buoyed statewide California pending home sales in August from a year ago. »
California home sales downshifted in August as low housing affordability and a tight supply of homes for sale cut into demand, especially in high cost areas of the San Francisco Bay region. »
C.A.R. President Pat “Ziggy” Zicarelli recently submitted a Letter to the Editor of The Economist to rebut an article arguing that the U.S. hasn’t done enough to reform Fannie Mae and Freddie Mac and that the GSEs should play by the same rules as banks. »
At its core, Horiike v. Coldwell Banker is an issue of a buyer not reading all of the information that was presented to him, but Horiike is trying to turn a normal disclosure case into an agency case. »
Lower interest rates failed to offset strong seasonal price increases, making it harder for Californians to purchase a home in the second quarter of 2016. »
C.A.R. believes that HUD was ill advised to approve placing PACE loans in a senior position to FHA first mortgages. »
hpi_condosSenate passed H.R. 3700, the "Housing Opportunity Through Modernization Act," by unanimous consent. »
Prospective home buyers face numerous challenges when it comes to achieving the American Dream, and homeownership obstacles vary among ethnic groups. »

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