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Help C.A.R. DEFEAT SB 1105 and SB 679

by Russell Boyd | Aug 9, 2022 | California Real Estate Press, Press Room, Ventura County Real Elestate Press

As the California legislature closes out the 2020-2022 legislative session, which concludes at the end of this month, C.A.R. is strongly opposing two bills currently before the legislature — SB 1105 (Hueso) and SB 679 (Kamlager). Both bills create housing agencies...

June Home Sales and Price Report

by Russell Boyd | Jul 21, 2022 | California Real Estate Press, Ventura County Real Elestate Press

California home sales and price curb in June as housing demand cools, C.A.R. reports 2022 Housing market forecast revised to 380,630 units sold and a statewide median price of $863,390. Existing, single-family home sales totaled 344,970 in June on a seasonally...

Pending Home Sales Edge Higher 0.7% in May

by Russell Boyd | Jul 8, 2022 | National Real Estate Press

Pending home sales broke a six-month skid with a slight rise of 0.7% from April. Pending sales in the Northeast accelerated 15.4% in May, the largest monthly increase among the four major U.S. regions. Compared to a year ago, three out of four regions – Northeast,...

Coalition Applauds Passage of State Budget That Prioritizes Homeownership

by Russell Boyd | Jul 8, 2022 | California Real Estate Press, Ventura County Real Elestate Press

SACRAMENTO (July 6) – The California Homeownership Coalition — which includes the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), the California Building Industry Association (CBIA), Habitat for Humanity California and other leading civic and housing advocacy...

Save water. Save California.

by Russell Boyd | Jul 5, 2022 | California Real Estate Press, Ventura County Real Elestate Press

As the state’s drought conditions continue to worsen, Californians have been asked to voluntarily reduce water use by 15%. If conservation efforts don’t improve this summer, the state could be forced to impose mandatory water restrictions throughout the state. –...

May Monthly Home Sales and Price Report

by Russell Boyd | Jun 17, 2022 | California Real Estate Press, Press Room

Home sales in California dip below pre-pandemic levels as the effects of rising interest rates begin to show even as prices set another record, C.A.R. reports Existing, single-family home sales totaled 377,790 in May on a seasonally adjusted annualized rate, down 9.8...
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