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Jan. 13 CVAR At A Glance

Featured Classes & Events

 

News & Featured Articles


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January – Product of the Month

C.A.R. Supports SB 50

Sen. Wiener

C.A.R. issued a statement stating that the association stands with Sen. Scott Wiener, Sen. Nancy Skinner, mayors and other housing advocates “who are united in urging the Legislature to approve Senate Bill (SB) 50, a bill we’re co-sponsoring.” READ MORE

 

7 Agent Changes in 10 Years

So much of what team members and real estate agents use today–Instagram, Snapchat, targeted advertising and more–didn’t exist a decade ago. Here are 7 things that changed and impacted agents in the past decade: READ MORE

 

Client Tip: Race to Refi Costs Owners

A big chunk of homeowners are taking on higher interest rates when they refinance to tap their home equity. These cash-out refinancings, as they are known, free up money homeowners can use to pay down credit-card debt, renovate or invest in a new property. READ MORE

Southland Numbers: Los Angeles County sales up 6.1% over 12 months; median price $625,000, a 4.2% increase. Orange County: 2,800 sales, up 5.1%; median $735,500, a 2.5% increase. Riverside County: 3,185 sold, up 3.1%; median $409,500, a 5% increase. San Diego County: 3,180 sales, up 8.4%; median $594,455, a 5.2% increase. (SB Sun)

Flip Flops: A new report shows 56,566 U.S. single family homes and condos were flipped in the third quarter of 2019, down 12.9% from the previous quarter and down 6.8% from a year ago. (ATTOM Data Solutions)

Limits Up: Loans in California will be capped at $765,600, or 150% of the $510,400 limit. Fannie Mae and Freddie Mac are now insuring loans up to $510,400, marking the fourth straight year that the FHFA has increased the conforming loan limits. (HousingWire)

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In Case You Missed It…

Client Tip: 3 Reasons to Refinance

With some of the lowest interest rates in awhile, many homeowners wonder if now is a good time to refinance their mortgage. Here are three scenarios where refinancing your mortgage makes sense.
READ MORE

 

Homeowner Resolutions for 2020

Bankrate New Year Party

The new decade is the perfect time to learn some easy, new steps that can get homeowners closer to their financial goals in 2020. Here are 5 ways to start saving money in the New Year. READ MORE

 

Census, Freeways, Homeless Dollars in 2020

The hot topics in San Bernardino County and why they matter are examined by the Southern California News Group.
READ MORE

 

Glide: Free Online Training 

Get the most from the Glide member benefit by attending a webinar that covers everything you need to know to make the disclosures process easier for you and your clients: Register Here. To see more of what Glide has to offer Click Here.