CVAR’s COVID-19 Resources
REALTORS®: Updates & Guidelines
What’s Happening at CVAR under
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 at CVAR
Nov. 30 | CRMLS Matrix Tips
Dec. 3 | CVAR Caravan, E-mail: email@example.com
Dec. 10 | 1031 Advanced Tax Differed Exchange
Dec. 11 | CVAR General Meeting
Dec. 11 | 12 Days of Tech Gifts w/ Tim Manfro
Dec. 11| Spark of Love Toy Drive – CVAR joins annual fundraiser on ABC7 (6:10 p.m.)!
Dec. 18 | Ethics Training Replay – Leigh Brown (Satisfies NAR requirement)
Fridays | REVEI License Renewal, Register: (626) 385-5725 or Noakley@cvar.net
2021 Dues Billing Coming This Week!
Billing for your N.A.R., C.A.R. and CVAR memberships, along with your MLS subscription, will be e-mailed this week. All billing is consolidated into one convenient bill that will be sent from CVAR, so watch your e-mail starting Dec. 1.
Zillow’s New Competition?
CoStar Group announced last Sunday that it will buy Homesnap, an app and technology provider for residential real estate agents, for $250 million, the Wall Street Journal reported. And just like that, the tilt of Zillow’s trajectory changed overnight.
Deadline Jan. 1 for Agent, Employee Harassment Training
A client can sue an agent for sexual harassment much more easily with recent changes to the law. The deadline is Jan. 1, 2021 for the mandatory Sexual Harassment Prevention Training for all employees and supervisors. For training through C.A.R.,
Prop 19 Property Tax Exemptions
Your clients are likely to have many questions regarding the implementation of the new Prop 19 Tax Portability law. C.A.R.’s Legal Team has prepared a FAQ sheet to address some of those questions.
Tenants Opt for Space, Lower Rent in Inland Empire
Four leading apartment trackers show rents have been dropping for Los Angeles and Orange County apartments since the pandemic hit, but are rising in the Inland Empire.
FHFA Increase – The Federal Housing Finance Agency (FHFA) announced it will increase the 2021 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $548,250 on one-unit properties and a cap of $822,375 in high-cost areas. The previous loan limits were $510,400 and $765,600, respectively. ( FHFA)
Santa Ana Winds This Week – Drier than usual conditions have some meteorologists concerned about the Santa Ana wind event projected to affect much of Southern California by the middle of this week. While these wind events are not atypical for the region this time of the year, there is usually some December rain to help provide a little moisture, said Kathy Hoxsie, meteorologist for the National Weather Service in Los Angeles. (Press Enterprise)
IE Homebuying Stats – DQNews reports 7,649 residences in Riverside and San Bernardino counties sold in October – up 17% from a year earlier. It was the busiest October since 2008. Rates on a 30-year, fixed mortgage averaged 2.89% in the three months ending in October vs. 3.64% a year earlier. That translates to house hunters having 10% more buying power. (SB Sun)
Did You Miss It?
Hear about C.H.A.N.T.’s simple formula for best practices & learn about the inspiring story of Vickie Lobo, a local REALTOR® and winner of NAR’s Good Neighbor Award, in this edition of REal Talk, REal People w/ Stephanie Velez, our engaging host CVAR member! You’ll find most classes & events accessible to CVAR members for free:
See Class Replays on CVAR.Live!
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