California’s housing market began the 2021 year on a positive note. The state’s favorable trends continued from December into January, as we recorded the highest sales level since 2009. January saw a seasonally annualized rate of 484,730 closed escrow sales for existing, single-family detached homes in California (according to the California Association of Realtors, or […]
Tag: california association of realtors
CAR: Notice of Intent of COVID-19 Relief Act of 2020
As you may remember from our previous blog regarding the Tenant Relief Act of 2020, if a tenant has missed a rent payment between March 2020 and August 2020, a landlord is required to serve a notice on the tenant. The notice requires them to pay within 15 days or submit a declaration stating they […]
Hosting Open Houses in the Midst of Coronavirus
The Covid-19 coronavirus pandemic has caused Realtors to quickly pivot and adapt the way they do business. Specifically, agents have been forced to rethink how they show real estate. Showings were halted after the issuance of Governor Newsom’s March 20, 2020, stay at home order – sending the real estate industry into a tailspin. The […]
UNDERSTANDING THE CALIFORNIA ASSOCIATION OF REALTOR’S “CORONAVIRUS ADDENDUM OR AMENDMENT” AND “NOTICE OF UNFORESEEN CORONAVIRUS CIRCUMSTANCES”
With the beginning of another week living “Safer at Home”, the California Association of Realtors (“CAR”) released the “Coronavirus Addendum or Amendment” (CVA). This is an update to the Coronavirus Addendum/Amendment released last week. CAR also released a companion document entitled “Notice of Unforeseen Coronavirus Circumstances” (“NUCC”). Recently, we discussed the CVA and addressed its […]
Real Estate Tip: Never Stop Learning
It’s very important and helpful for us, as agents/brokers, to continue our education and training even after we’ve obtained a license. There are so many new laws and regulations that come up and change, we must always keep up. Many of the associations that you’re a part of hold classes or training sessions, and even […]
C.A.R.’s California Housing Market Forecast for 2012
California home sales and median price are predicated to rise slightly in 2012 according to California Association of Realtors’ ®
FHA loan limits may change in October – C.A.R.
What you need to know about upcoming changes to FHA loans