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).
April 19 | CRMLS Training – Cloud Agent Suite
April 20 | Contract College – Final Class in Series
April 21 | Social Media Presence – John Reyes
April 27 | Legislative Day – C.A.R. Hosts Sacramento
April 28 | All About Home Inspections
April 29 | Cybersecurity: Are You a Human Firewall?
Fridays | License Renewal – Crash Course for Brokers/Agents ($85)
Glide Tip for REALTORS®
Watch this brief tip from Glide trainers Raine Walker and Justin Orr. See the entire Keeping It REal w/ Kim & Kris at CVAR.Live!
What Else Have You Missed?
Click the video for a short clip from our recent featured speakers, sharing their knowledge to help lead you to success! Watch the entire episodes at CVAR.Live! Also check out our CVAR YouTube channel.
1st Quarter 2021 Market Stats!
Create an instant report for clients with
the latest information for 3 counties:
Los Angeles – Riverside – San Bernardino
CVAR Market Snapshot
C.A.R. released it’s exclusive Citrus Valley region market snapshot on Friday.
For key highlights, READ MORE
News & Featured Articles
CVAR Candidates for 2022 Board
Candidates for 3 open positions on the 2022 Citrus Valley AOR Board of Directors are as follows: Nichole Davis, Bruce Engles, Helen Moreno, Lehel Szucs, Stephanie Velez. Candidate for 2022 CVAR President-elect: Sarah Glavan. The election will be held in June (polls open June 7-16).
Watch this newsletter for details!
REALTORS®, have you ever wondered how you could express your concerns or support for the policies that impact the Real Estate Industry and your hometown?Legislative Day is where you need to be! For the first time, the California Association of REALTORS® (C.A.R.) will host a “virtual” Legislative Day, Tuesday, April 27, and it’s free!
Keeping Your Buyers at Disadvantage
The soaring cost of building materials and the spiking interest in housing among investors are major contributors to today’s rising housing prices and lack of inventory that keep individual homebuyers at a disadvantage.
Cities Report – March-April
Pedestrian Master Plan in Azusa; a playground for children with disabilities in Chino; ADUs in Chino Hills; townhomes planned on Covina Bowl site; street closures in Glendora; more beer in Irwindale; new homes in Ontario; rail in Rancho; pleasant budget surprises in Pomona and La Verne; Walnut late fee amnesty, and more, in this month’s Cities Report, compiled by Bill Ruh, CVAR Director of Government Affairs.
May 1: Saturday MLS ‘Business Day’
As of May 1, CRMLS will consider Mondays through Saturdays business days, in an effort to narrow what some consider a loophole in a policy designed to curb pocket listings, but CRMLS CEO Art Carter says is a way to change the status in a more timely manner to curb frustration among agents and buyers.
Fair Housing Forum – April 21
REALTORS® play a key role in whether or not all communities have access to homeownership opportunities. Being informed on the history of inequities, and how the Fair Housing Act pertains to REALTORS®, will be discussed in C.A.R.’s Fair Housing and Diversity Forum on Wednesday, April 21, at 10 a.m. Hear experts discuss solutions and creative ideas on how to build affordable housing developments in underserved communities without displacement and how REALTORS® can support and advocate for more housing supply. To help REALTORS® grow their knowledge of fair housing issues and commemorate Fair Housing Month, C.A.R. and NAR have created numerous tools and resources, including Legal Q&As, research reports and videos, here.
To register for the Forum or for more details click here.
Have You Lost MLS Access?
CVAR can help you renew your CRMLS subscription. Email email@example.com or call (909) 305-2827.
Jumbo Loan Surge – Homebuying demand remains strong and price growth continues to accelerate in many markets, and the availability of jumbo loans is increasing as the economy regains its footing. The supply of jumbo mortgages increased for six straight months and helped pushed up Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI) in March. The overall index rose 0.6% to 125.4 last month, while the Jumbo MCAI was up 1.5%. An increase of the index suggests loosening lending standards, which will play an important role in supporting housing demand as the economy further improves. (C.A.R.)
House v. Stock – A Federal Reserve Bank survey shows that 90% of respondents chose owning a primary residence over investing in the stock market, citing higher returns and lower volatility as reasons to buy a primary residence. The most common reasons people cited in choosing housing over stocks seemed to be about comfort and stability, rather than seeking a better return. (MarketWatch)
Funerals/Scams – If you, your clients or neighbors have suffered a loss due to COVID, FEMA will begin accepting applications on April 12 to provide financial assistance for the funeral expenses. Also, reimbursements for funeral costs that occurred on or after Jan. 20, 2020 are available, up to $9,000 per funeral. FEMA warns that scammers are claiming to register victims for funeral services. FEMA will not contact anyone until they have called FEMA or have applied for assistance. Do not disclose information such as the name, birth date or social security number of any deceased family member to any unsolicited telephone calls or e-mails from anyone claiming to be a federal employee or from FEMA. (FEMA).
Curbside at CVAR – Order your store items by calling: (909) 305-2827. Designate the store (Glendora, South El Monte, or Rancho Cucamonga) where you’ll pick up. Call upon arrival to pick up curbside, contact-free. Please wear a mask!
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In Case You Missed It…
8 New REALTOR® Billionaires
The good news is that eight REALTORS® made Forbes’ annual Billionaires’ List this year. The bad news is that no CVAR members were among them. However, there are now more than 200 real estate billionaires across the globe.
No Foreclosures Until 2022?
The Consumer Financial Protection Bureau (CFPB) proposed a new rule requiring mortgage servicers to delay foreclosure proceedings on principal residences until after Dec. 31.
Arrests in Listing Scam
A Southern California brother-and-sister team were arrested last week on federal charges alleging they orchestrated a $6 million real estate fraud scam in which they listed homes without the owners’ consent–including on the MLS–and collected money from multiple would-be buyers for each home.