With the promise of widespread access to COVID-19 vaccines, extended time at home is shaping how people live every day. Here’s what experts are predicting for buyers, sellers, renters and new construction in 2021. Buying The coronavirus pandemic drove mortgage interest rates to historic lows for most of 2020, and all signs point to 2021 […]
NAR Economist Explains Housing Rebound By the Nos.
The housing market has rebounded from the low hit last spring during the worst of the coronavirus pandemic, the Department of Housing and Urban Development reported. Sales of new and existing houses are driven by low mortgage rates and a desire by many to leave cities for the suburbs. Lawrence Yun, chief economist at the […]
IE Among Nation’s Top 10 Markets for 2021
The Inland Empire is among several U.S. housing markets where growth is expected to continue this year. Realtor.com® recently analyzed the 100 largest U.S. markets to find those poised for the most growth in 2021, and many are cities where tech and government jobs are more plentiful. “Economic momentum from the thriving tech industry, coupled with […]
Jan. 11 – CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions Latest COVID-19 Updates from C.A.R. Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see classes below). ____________ Online Classes Jan. 11 | CRMLS Training – Agent Essentials Jan. […]
CVAR Markets in U.S. Top 10
The real estate market was one of the few bright spots of 2020, and experts expect the good news to continue into 2021! Cities that are within CVAR’s market were just included in the Top 10 Markets in the entire country, click here to read the rankings. Hear C.A.R. Chief Economist Jordan Levine explain why […]
Stimulus for Property Owners
Among the provisions of the recently-passed stimulus package benefiting real estate: $25 billion in rental assistance to states and clarification that business owners can deduct business expenses on their federal tax returns that were paid using a forgivable Paycheck Protection Program (PPP) loan. The National Association of REALTORS® (NAR) and other industry groups argued that […]
Mortgage Points or No Points?
Mortgage borrowers often have a choice to pay more up front in points to get an interest rate reduction or save money and accept a higher rate. It’s a choice that more buyers are considering, particularly jumbo borrowers—those who borrow more than $510,400 in most locales. Borrowers should carefully weigh the decision when choosing to […]
Jan. 4 – CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions Latest COVID-19 Updates from C.A.R. Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see classes below). ____________ Online Classes – 2021 Jan. 4 | CRMLS Training – Systems & […]
Housing 2021: First-Timers, Forbearance, Fannie & Freddie
Some of the top sources for real estate business news predict a strong 2021 for housing. Economists from Redfin, Zillow, FORBES, Bloomberg, realtor.com, HousingWire and more see mortgage rates remaining low while demand for housing remains high. But the question on many minds is, how will the new administration affect the industry? One of the […]
Dec. 28 – CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions Latest COVID-19 Updates from C.A.R. Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see classes below). ____________ Happy New Year! ____________ Online Classes – 2021! Dec. 31-Jan. 2 […]