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).
Happy New Year!
Online Classes – 2021!
Dec. 31-Jan. 2 | CVAR Closed for the New Year’s Holiday
Jan. 5 | The Rebound – Austin Allison
Founder of dotloop (sold to Zillow in 2015) and Pacasa on the REbound w/ Dan Smith
Jan. 6 | Ethics Replay w/ Leigh Brown
Code of Ethics training mandatory by 12-31-21. CVAR will present Ethics courses twice a month.
Jan. 7 | CVAR Caravan – Legal Update with Atty. Ed Estes
To view and/or get your listings on the Caravan, e-mail: firstname.lastname@example.org
Jan. 12 | Contract College – Tuesdays through April 20, 2021
2021 Billing – Due Jan. 6
Billing for your N.A.R., C.A.R. and CVAR memberships, along with your MLS subscription, has been e-mailed. All billing is consolidated into one convenient bill that will be payable through your member services account.
Riverside Agency Drops PACE Loans
A loan program that critics say misleads homeowners with promises of energy savings before saddling them with unaffordable debt will no longer be offered by a Riverside-based public agency.
Good News for Builders
With lumber prices experiencing extreme price volatility this year and harming housing affordability, the first administrative review by the U.S. Commerce Department to reduce duties on shipments of Canadian lumber into the United States by more than half is good news for American home builders and home buyers.
Record Sales in Inland Empire
The busiest November in 14 years pushed Inland Empire home prices to record highs. In Riverside and San Bernardino counties, a combined 6,888 residences sold, existing and new, a study of closed transactions by DQNews said. That’s up 22% in a year and the largest November tally since 2006.
Moratorium Extension – The FHA is extending the foreclosure and eviction moratorium for single family FHA-insured mortgages through Feb. 28, 2021. Also, the same deadline applies for single family borrowers with FHA-insured mortgages to request an initial COVID-19 forbearance from their mortgage servicer to defer or reduce their mortgage payments for up to six months, which can be extended for an additional six months. In addition, the FHA also extended multiple temporary provisions for lenders and servicers to allow them to continue doing FHA business despite social distancing considerations. (HUD)
Mortgage Rates – Interest rates hit another all-time low and buyer demand has been accelerating recently so the housing market in California remains strong. However, several macro indicators have deteriorated, and the public health situation continues to rapidly worsen in California. (C.A.R.)
Deadline Jan. 1 – A client can sue an agent for sexual harassment much more easily since recent changes that have lowered the bar. The deadline is Jan. 1, 2021 for the mandatory Sexual Harassment Prevention Training for all employees and supervisors. (Click for C.A.R. Training)
Did You Miss It? Class Replays
Top agency strategies; new eviction rules; Residential Listing and Purchase agreements; using the 1031 Exchange; legal updates, new agent tips and many more topics are covered and available to replay for free from the CVAR archive at CVAR.Live.
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In Case You Missed It…
Cities Report – Dec. 2020
Final election results, Gold Line overseers from local communities; Gold Line improvements in Glendora; headquarters heading to El Monte; the Quakes receive an invitation to be a California League affiliate of the Dodgers; a city teetering toward bankruptcy?, and more, in this week’s Cities Report from CVAR Government Affairs Director Bill Ruh.