Featured Classes and Event
NAR, C.A.R. Urge ‘Action’ on Tax Plan
The National and California associations of REALTORS® are encouraging members to pay close attention to tax reform plans from Washington DC, since Congress is threatening tax incentives for homeowners, such as the mortgage interest deduction and the state and local property tax deduction. READ MORE
2018 Economic Forecast
With the economy expected to continue growing, housing demand should remain strong and incrementally boost California’s housing market in 2018, despite a shortage of available homes and affordability constraints, according to the “2018 California Housing Market Forecast” released at the annual CALIFORNIA REALTOR® EXPO. READ MORE
Zillow 3D Home App
Wealthier Renters Driving Rents
Some news outlets are saying renting is getting more affordable–not really. What’s happening is that more people with higher incomes are choosing to rent, driving up the price of rental units, according to a report. READ MORE
Client Tip: Boost Curb Appeal
A home’s exterior counts big for creating first impressions. Most real estate pros say that curb appeal is a critical factor in attracting a buyer, according to an NAR survey on Outdoor Features. Here are a few tips to enhance the curb appeal to your listing: READ MORE
Free Ethics Webinar Oct. 26
C.A.R. Staff Attorney Brian Polinsky presents a five-part webinar series called “Know the Code,” describing actual cases of REALTOR® violations that C.A.R. has published on its website to show you know how the Code of Ethics applies in practice. The next webinar is Thursday, Oct. 26. READ MORE
Last Week to Nominate CVAR Members
Is there a deserving agent or broker in your office? An affiliate who goes above and beyond? Is it you?
Nominations are being accepted through Friday, Oct. 27, 2017 for the following categories (click for application):
- REALTOR® of the Year – A member of our association who has provided outstanding service to the real estate profession and the community through their membership.
- Honorary Member for Life – Nominees have given exemplary service to uphold the reputation of the Citrus Valley Association of REALTORS® and meet eligibility requirements.
- Affiliate of the Year – An affiliate member of our association who has provided outstanding service to the real estate profession and to the community through their CVAR membership.
- Community Service Award – REALTOR® who has made an extraordinary impact on the community, or on the national or world stage, through volunteer work.
Awards will be presented at the Board of Directors Installation Breakfast on Wednesday, Dec. 6, 2017.
Applications must be submitted by Oct. 27, 2017.
Home Sales – Expect a modest gain in existing single-family home sales of 1% next year to reach 426,200 units, up slightly from the projected 2017 sales figure of 421,900. The 2017 figure is 1.3% higher compared to the 416,700 pace of homes sold in 2016.
Home Price – California median is forecast to increase 4.2% to $561,000 in 2018, following a projected 7.2% increase in 2017 to $538,500.
Why Real Estate? – Flexible hours is the most attractive aspect about being a real estate agent, say 7 of 10 REALTORS®.
Real Estate FORWARD
Micro-Conference & EXPO
Fund Helps REALTOR® Fire Victims
If you have been impacted by the California fires or know someone in the REALTOR® family who has, C.A.R.’s Disaster Relief Fund is available to assist. There’s also a way to donate to the fund. READ MORE
Refinancing Scams Target Military
The federal government is investigating a number of predatory lending schemes targeting thousands of veterans who have Veterans Administration mortgages. Officials say the scams aim to convince borrowers to repeatedly refinance, ultimately paying more on their loans. READ MORE
Crowdfunding an Option for Down
What sounds better, giving the happy couple a $200 toaster oven, or chipping in for a down payment on their house? More hopeful buyers, including newlyweds, are turning to crowdfunding because they can’t save enough for a down payment on their own. READ MORE
Client Tip: 9 Rules Agents Wish Sellers Knew
Most agents dread having to have that awkward conversation with a seller. Realtor.com® shares the top wish list that agents want their clients to consider when selling a home:
1. Your home decor isn’t always perfect for selling. Clutter can make a home feel cramped. READ MORE
Wells Fargo to Refund Mortgage Fees
Wells Fargo CEO Tim Sloan revealed plans to refund mortgage fees to borrowers, at a hearing before the U.S. Senate Committee on Banking, Housing and Urban Affairs, following the bank’s massive fake account scandal last year. READ MORE