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Lawrence Yun, NAR’s chief economist, says that despite limited listings and price growth, “buyer demand has remained strong because of the consistently reliable job creation in a majority of metro areas.”
Crossing Party Lines for Real Estate
Recent reports reveal a trend among blue state investors capitalizing on lower-priced rental properties in red states, revealing that party lines are being crossed when it comes to real estate buying.
How Ballots Are Counted
In the third quarter of this year, the average square footage of a new single-family home dropped from 2,620 to 2,602 square feet, reflecting a trend among builders away from focusing on just the higher end of the market and a greater renewed focus on the entry-level market.
Tickets Available for Wednesday!
Join the Citrus Valley Association of REALTORS® on Wednesday, Dec. 7, at the exclusive Glendora Country Club for the 21st annual Installation & Holiday Breakfast. The festivities are open to all members, affiliates and guests. The new CVAR president for 2017, Don Gebhard, will be officially installed, along with new Board of Directors and committee members. The CVAR Awards will also be announced, including REALTOR® of the Year, Affiliate of the Year, Honorary Member for Life and the Community Service Award. Click for tickets.
Proposed Bylaws Amendments
This shall serve as notice to all Citrus Valley Association of REALTORS® Members that Citrus Valley Board of Directors is proposing the Bylaw Amendments outlined in this link, pending approval by our membership at the Annual Membership Meeting Dec. 16, and that these changes have been electronically delivered to all eligible voting members of the association.
In Case You Missed It…
CA Supreme Court Rules on Dual Agency
The California Supreme Court ruled unanimously last week that a real estate professional who represented the seller of a home owed a fiduciary duty to not only the seller but also the buyer if the buyer’s agent happens to work for the same brokerage.
Pace Lawsuit Filed in San Bernardino
A class action lawsuit has been filed against a PACE/HERO lender and the San Bernardino Associated Governments, alleging “predatory characteristics” and a “pervasive pattern of false, deceptive and otherwise unlawful practices.”
Tips: Make Your Social Media Posts Shareable
You may post with regularity, but it’s possible that many in your fan base isn’t seeing them. What do you do? For starters, break the cycle by getting people involved and sharing. Click for 5 helpful tips:
3rd Quarter Market At A Glance
Housing and housing policy were largely absent from the discussion during the campaign, so it’s important to consider how the President-elect might affect the economy and what the implications are for the housing market here in California. C.A.R. has parsed some of Trump’s campaign statements, the positions of advisors, and analysts to identify areas that may be affected. Join C.A.R.’s Research team on Facebook live streaming to hear details.
It’s hard enough to stay healthy without having to contend with hordes of strangers waltzing through your space and bringing diseases with them. With the cold and flu season in full swing, here are tips to keep your home free of germs.
Eighty-six percent of Americans are unaware that the claims history for their new home can impact the amount of insurance they pay. Many insurers use Comprehensive Loss Underwriting Exchange (CLUE) to report and check the claims by previous owners of the property, yet only 12 percent of buyers say they ask for a CLUE report before buying their current home.