Featured Classes and Events
CVAR joined 2,500 REALTORS® in Sacramento for Legislative Day last week to stump for homeownership and property rights. Go to www.cvarrac.net to find out how you can be involved!
May 7 | CRMLS Free Training – CVAR HQ
Register for STEPS Towards Homeownership also live streaming to CVAR East & West!
Product of the Month – May
Get 10% off at all three CVAR stores!
Coming in June!
Member Appreciation Month
June is CVAR Member Appreciation Month, when we offer great giveaways and activities for our members at all three CVAR locations, in Glendora, Rancho Cucamonga and South El Monte. Free Fridays are back (CLICK for schedule) offering a free lunch which each free class! We also have the Election Barbecue, for voting REALTOR members; the rockin’ Summer Kickoff Block Party (June 15), free giveaways, special offers and complimentary refreshments at our offices in Glendora, South El Monte and Rancho Cucamonga, as a big “thank you” to our members!
Cities Report – April 2018
CVAR Government Affairs Director Bill Ruh reports on the latest issues coming from local city governments, including Baldwin Park’s approval of marijuana businesses, light upgrades in Chino Hills, a new mayor elected in Glendora, and more. READ MORE
What AI Is Doing to Real Estate
AI is going to shrink the real estate industry. This was one takeaway from the recent panel convened by C.A.R.’s Center for California Real Estate to discuss how the real estate industry can adopt and embrace artificial intelligence. READ MORE
5 Secrets to Building a Successful Real Estate Brand
Agents build relationships with their clients as they help them make the most significant financial and emotional decision of their lives. That’s why personal stories should be core to every touch point of agents’ brands. READ MORE
California’s Controversial Proposition
No one has benefited from California’s rapidly rising property values and Prop 13 as much as homeowners who bought back in the late ’70s through the ’90s. What about everyone else?
Median Cost – The median home price in Los Angeles is $529,000, and the median rent for a 1-bedroom apartment is $2,250. In San Francisco, homes are $1.6 million, and the median 1-bedroom apartment is $3,400. (CAR Newsline)
More Women – The share of single women homebuyers reached an all-time high of 18.9% in 2017, compared to just 9.1% in 1981. (Housingwire)
Millennials Back Off – Homeownership among millennials fell from a three-year high of 36% in the fourth quarter of 2017 back to 35.3% in the first quarter of this year. (U.S. Census)
1st Quarter 2018 Market Data
Bring the latest housing market info to your clients!
The 1st Quarter market data for 2018 is now available at CVAR Market At A Glance. See the latest market information for three counties:
In Case You Missed It….
Positioning Homebuyers For Success
It’s no secret that home prices in California have seen steady, and in some areas rapid, appreciation in value over the past six years. The question is, is it too late? READ MORE
4 Demographic Shifts to Watch
The aging of America, more immigrants, and a population that’s heading south are a few big trends to watch that will likely have a great impact on the housing market over the next decade. Here are some of the demographic trends to watch over the next 10 years. READ MORE