Featured Classes and Events
Watch Your Email for 2019 CVAR Dues Billing!
Cities Report – Nov.-Dec. 2018
Final Election Results and more in this month’s Cities Report compiled by CVAR’s Government Affairs Director, Bill Ruh. READ MORE
Client Tip: No Longer Tax Deductible
Now’s a good time to understand the changes in tax deductions. Learn about personal exemptions and much more. READ MORE
Short-term Rental Crackdown
Rent-controlled units in Los Angeles will be banned from Airbnb and other short-term rental platforms under regulations adopted this month by the City Council. READ MORE
How Much Do Flippers Make?
Over the last four years, Los Angeles house flippers have netted profits well in excess of $100,000, according to a new report from LendingHome. READ MORE
Below List – California didn’t make the Top 10, where 77% of current listings are predicted to sell below the original list price in the first quarter of 2019, according to Knock, an iBuyer company that offers sellers instant cash offer. (REALTORmag)
Ethics Requirement — The deadline is Monday, Dec. 31, to fulfill the NAR ethics requirement. To take the FREE online NAR Ethics course CLICK HERE
Downpayment Up – The median down payment on single-family homes and condos purchased with financing in Q3 was $20,250—up 7%. The median down payment as a percentage of the median home sales price was 7.6% in Q3—the highest percentage since Q4 of 2003.
(ATTOM Data Solutions)
Last Week for December
Product of the Month
3rd Quarter 2018 Market Data
3rd Quarter market data is available. See
the latest information for these counties:
Los Angeles, Riverside, San Bernardino.
In Case You Missed It….
FEMA: Owners Unprepared for Disaster
REALTORS® are best-positioned to help educate property owners about taking a smart approach to disaster preparedness. READ MORE