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Browse our class schedule to find when and where to take real estate courses.
Classes by Topic Online Bundles Annual Education ExperienceComplete your eight-hour NMLS license renewal requirement through our NMLS-approved provider, OnlineEd
The main Business Meetings page includes important links for Directors and Committee Members.
The next regularly scheduled C.A.R. Business Meeting takes place May 1-4, 2023 in Sacramento.
Directors and Committee Members are Pre-Registered; Other Members of C.A.R. may register onsite.
Guests may attend by advance invitation only.
Information: [email protected]
Learn how to schedule a C.A.R. outreach speaker for your next event and access presentations from previous outreaches.
A one-stop shop for tools and and resources to educate consumers about the intricacies of buying and selling a home and how a REALTOR® can help.
Down Payment Resource Directory Infographics One Cool Thing Tax Reform One Sheets Fire Insurance One SheetsExplore and interact with the latest market statistics.
County Housing Market Summaries County Market Updates Market @ A GlanceThis information is designed for Real Estate Brokers and Office Managers to assist you in supporting your real estate business.
CCRE's mission is to advance industry knowledge and innovation with an emphasis on convening key experts and influence-makers.
From webinars to videos and podcasts to blogs, C.A.R. keeps you in the know.
Videos Webinars PodcastsC.A.R. publishes eight magazine issues and various newsletters throughout the year.
Newsletters California Real Estate Magazine
February 2023 Broker Insights Newsletter
Update 3.22.23 Industry Leader Weekly Update
We look forward to seeing you at our next Industry Leader Town Hall on Friday, March 31st at 11am. Register here and submit your questions in advance by emailing [email protected] and [email protected]. Please bookmark this page to access the agenda and questions for the next town hall.
Fed hikes interest rate 0.25 basis points to curb inflation despite banking turmoil
Despite growing concerns over credit availability, liquidity, and the broader banking sector, the Federal Reserve raised their target interest rate by 25 basis points today, which was largely expected. However, financial markets reacted negatively with major indices dipping significantly in the wake of the announcement. Inflation remains three times higher than the explicit target by the Fed, and although today’s rate hike increases economic uncertainty, it underscores the emphasis that policy makers are placing on the battle against inflation despite the associated risk to the macroeconomic environment. Still, recent data shows that the labor markets remain very tight for now and recent housing data for California shows that the market experienced its third consecutive increase in sales despite remaining below 300,000 units.
Attorney General Bonta: Court Rightfully Denied Huntington Beach’s Latest Attempt to Exempt Itself from State Housing Laws
Earlier this week Attorney General Bonta weighed in on the decision by the United States District Court for the Central District of California denying the city of Huntington Beach’s request for a Temporary Restraining Order (TRO) in Huntington Beach v. Newsom, which attempted to halt enforcement of state housing laws in the city while litigation is ongoing. Attorney General Bonta filed opposition to Huntington Beach’s TRO on behalf of the State yesterday, arguing that Huntington Beach has no standing to sue in federal court, and that the city’s lawsuit is baseless on its face. California’s housing laws are not only legally sound, but crucial to addressing California’s ongoing housing crisis. Today’s decision denies Huntington Beach’s request to temporarily block enforcement of state housing laws. For more go here.
HUD Restores “Discriminatory Effects” Rule
Last week, the U.S. Department of Housing and Urban Development (HUD) announced that it has submitted to the Federal Register for publication a Final Rule entitled Restoring HUD's Discriminatory Effects Standard. The Final Rule rescinds the Department's 2020 rule governing Fair Housing Act disparate impact claims and restores the 2013 discriminatory effects rule. In the Final Rule, HUD emphasizes that the 2013 rule is more consistent with how the Fair Housing Act has been applied in the courts and in front of the agency for more than 50 years, and that it more effectively implements the Act's broad remedial purpose of eliminating unnecessary discriminatory practices from the housing market. The discriminatory effects doctrine (which includes disparate impact and perpetuation of segregation) is a tool for addressing policies that unnecessarily cause systemic inequality in housing, regardless of whether they were adopted with discriminatory intent. It has long been used to challenge policies that unnecessarily exclude people from housing opportunities, including zoning requirements, lending and property insurance policies, and criminal records policies. Accordingly, having a workable discriminatory effects standard is vital for the Biden-Harris Administration to accomplish its goal of creating a housing market that is free from both intentional discrimination and policies and practices that have unjustified discriminatory effects. For HUD’s release go here.
What is the California Mortgage Relief Program?
The California Mortgage Relief Program has already provided millions of dollars in critical assistance to thousands of California homeowners struggling with financial hardships. This government program is free, and here to help. There is nothing to pay back. If you’ve struggled with missed mortgage payments, late property taxes, loan deferrals, partial claim second mortgages, or other homeowner financial hardships, you may qualify for assistance from the California Mortgage Relief Program. Read more here
Legal Update
Registration is open for the April Legal Live Webinar, which will be covering Mediation and Arbitration. Click here to register. If you’d like to watch the recording of the March Legal Live Webinar featuring Neil Kalin discussing Liquidated Damages, you can find that here along with all of the Legal Live recordings.
More favorable interest rates perk up California home sales for third straight month in February, C.A.R. reports
Existing, single-family home sales totaled 284,010 in February on a seasonally adjusted annualized rate, up 17.6 percent from January and down 33.2 percent from February 2022. February’s statewide median home price was $735,480, down 2.1 percent from January and down 4.8 percent from February 2022. Year-to-date statewide home sales were down 39.6 percent in February. Read more of the February home sales and price report here.
For more check out our Market Minute here.
For our Weekly Sales Data Report - go here.
For our Monthly Member Poll - go here.
Key Read for the Week
In this week’s read, the WSJ covers the housing market and competition - “The housing market is much less competitive than it was during the pandemic-driven housing boom in 2021 and early 2022. Real-estate brokerage Redfin Corp. said that about 45% of offers written by its agents faced competing bids in February, down from 66% of offers in February 2022.” read more here.
Information and Events for You and Your Agents
Fair Housing and Diversity Forum Book Club
Join C.A.R.’s Fair Housing and Diversity Forum leadership for a book discussion on March 30, 2023, 2:00 p.m. to 3:30 p.m. We will be discussing the book The Sum of Us: What Racism Costs Everyone and How We Can Prosper Together by Heather McGhee. This book helps us understand what we all have to lose when we buy into the zero-sum paradigm - the idea that progress for some of us must come at the expense of others. Find the book here. Register here.
Fair Housing Day in April
C.A.R.’s Fair Housing Day is back for a second year and this time, we’ll be live and in person!
On April 11th 9 AM - 4 PM, our second annual Fair Housing Day will feature innovators, researchers, advocates, policy experts, and more about hot fair housing topics like appraisal bias, discrimination in rental housing, and inclusive advertising. Come and be a part of these critical conversations about what we can all do to make the dream of homeownership a reality for more Californians. Register here.
STEPS Toward Homeownership Virtual Event on April 5th
The hurdles to homeownership are well known: supply, down payment assistance, property condition and housing costs. We’ve created a concise 2.5 hour virtual session to provide insights and answers for every step of the buying process. Your next opportunity to get all of the lending resources your clients will need for the market right now is on April 5. Register for free by clicking here.
C.A.R. Speakers for your next event - we created a resource for you to book one of our speakers, access the most recent presentations and find out what topics are available for you and your agents here.
