We Care About Your Safety!
Live Stream Sept. 10
As a real estate professional, you can make a difference!
You have the resources during a community crisis; you are also among the most vulnerable to cyber attacks and workplace violence. CVAR is offering the annual RE Events REALTOR® Safety Day on Sept. 10. Please join us for this live stream, free to CVAR members. We care about your safety!
Classes & Events
Aug. 23 | CRMLS Training – How to List for Success
Aug. 26 | Maximize Downpayment Assistance
Aug. 27 | Ethics – This Class is FULL
Aug. 31 | Atty. Paul Horn – Real Talk, Real People w/ Stephanie Velez
Sept. 1 | Ethics Training – Free
Sept. 7 | Vaccine Clinic – Free COVID vaccination at CVAR (Glendora). Get the Downloadable Flyer here
Free Weekly Ethics Classes!
CVAR will hold free weekly Ethics classes to help members meet the Ethics training that NAR requires by Dec. 31 (does not count for CE credit). Watch the CVAR Calendar for dates & times of upcoming classes, including monthly Saturday sessions. (Sign up before they fill up – Aug. 27 class is full!)
Also watch for free classes on the new RPA form, beginning Oct. 4.
News & Featured Articles
CVAR Snapshot – July 2021
With the homebuying “season” coming to an end, CAR analyst Guillermo Flores says that both sales and prices in our area showed signs of slowing in the latest report.
See what he has compiled exclusively for Citrus Valley REALTORS®, in this month’s CVAR Market Snapshot!
July-Aug. Cities Report
Gold Line extension design completed; Baldwin Park tiny homes; Chino school approved; Claremont parking restrictions; La Puente free cameras; La Verne D St. closure; Ontario prefab factory; Brasada Estates opens in San Dimas; South El Monte town homes for sale; judge upends development plan in Upland, and more, in this month’s Cities Report from CVAR Director of Government Affairs Bill Ruh.
Are Days Numbered for ‘As-Is?’
Right now, sellers can get away with listing homes that need work while still selling at full market value. But that may be changing, and a seller could run the risk of losing time on the market if the prospective buyer terminates the deal over a major repair issue.
5 Hot Home Design Trends
If you want to know what’s popular right now, just look at what people are searching for online. Houzz recently looked at searches on its site from April to June of 2021 and compared them to searches from last year to see how home design interests are changing.
Vaccination Record: Get, Prove, Save
As more businesses and government officials require that residents show proof of vaccination to enter certain spaces, here are ways to get, prove and save your COVID-19 vaccination record. (This is helpful information to share with clients!)
2nd Quarter Market Report!
Create an instant report for clients with
the latest information for 3 counties:
Los Angeles – Riverside – San Bernardino
Low rates – Low mortgage rates are helping rekindle homeowners’ motivation to refinance their loans, but a builder backlog, ongoing listings shortages and rising home prices are likely to prevent a similar stampede to take advantage of the drop in rates. Fannie Mae economists now project home sales will grow by just 3.1% this year, down from the 3.8% predicted in July. A surge in the COVID-19 Delta variant and slower than expected 2Q growth have helped bring rates down. The Federal Reserve may announce its intentions to taper its purchases of mortgage backed securities by the end of the year, predicting rates will rise only modestly next year. (Fannie Mae)
California Median – July’s statewide median home price was $811,170, down 1.0 percent from June and up 21.7 percent from July 2020. (C.A.R.)
California Sales: July home sales dipped 1.6% on a monthly basis from 436,020 in June and were down 2% from a year ago, when 437,890 homes were sold on an annualized basis. July’s sales level was the second highest level in a July in the past six years. Despite the downward trend, California home sales maintained a solid year-to-date increase of 27.3%. “The California housing market continues to normalize from the white-hot conditions we experienced at the height of the pandemic with both sales and prices moderating as we slowly transition from the peak home-buying season into the fall,” said C.A.R. President Dave Walsh. (C.A.R.)
CVAR’s COVID-related News: Click Here! COVID-19 news from C.A.R.: Updates from C.A.R. ; and Forms & Showing info.
Free to CVAR Members: The Latest
Trends, Topics and Tips at CVAR.Live!
Also, Subscribe to our CVAR YouTube Channel!
REALTORS®: Invest in Your Business!
Housing rights aren’t automatic. Our state and national associations spend a lot of time and money informing legislators about what’s good for homeownership, our industry and ultimately for housing all of our citizens! Don’t overlook your ability to help shape the future of the industry–and the laws that govern it. A $20, $148, or $10,000 level of investment by you will help our REALTOR® Party fight for homeownership! Click Here
In Case You Missed It…
Home Inspector Killed, Agent Shot
As our association prepares for September’s REALTOR® Safety Month, we are learning more about the real estate professional who was killed and another injured during a home sale dispute in Huntington Beach. Also injured was the gunman, who was fighting the sale of the home previously owned by his deceased father.
On Sept. 10, CVAR will present experts in the fields of personal safety, cyber attacks, ransomware, and more, during our annual REALTOR® Safety Day. Please join us for this free live stream, we care about your safety!
Is Your Client Watching You?
Nearly a third of home sellers in a recent survey said they have used hidden cameras during showings. In some cases, it’s to spy on their own agents.