Consumer sentiment toward buying homes reached the lowest level in the history of the Fannie Mae Home Purchase Sentiment Index® (HPSI) it was reported Friday. Few should be surprised that the lack of supply and high home prices are driving this pessimism. “The decrease in homebuying sentiment likely indicates that some consumers, potentially flush with savings […]
Government Affairs
May 2021 – Cities Report
CALIFORNIA The U.S. Census Bureau has released their population data, and the numbers are in on which states will lose and which states will gain Congressional seats. California’s population is tallied at 39,538,223, a gain of 2,284,267 people over the last decade. This gives us 52 House seats, a loss of one Congressional seat, the […]
Fannie, Freddie 1st Quarter
Fannie Mae earned $5 billion of net income in the first quarter and provided $422 billion for mortgages, enabling people across America to refinance a home, purchase a home, or finance rental property. “This last quarter was the second biggest nominal volume quarter in our history,” said Fannie Mae CEO Hugh R. Frater. The one caveat, […]
Redlands Mall Developer Proposes 722 Units
This artist’s rendering of what the Redlands Mall site could look like at the corner of State and Orange streets. is part of the city’s draft Transit Villages Specific Plan. (Courtesy City of Redlands) . The Redlands Planning Commission unanimously decided last Tuesday (April 27) to back an exemption for a project that could allow […]
April 26 CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions 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). Joint Tenancy Mistake: Tip for REALTORS® When is joint tenancy a bad idea? […]
Avoid ‘Ticking Time Bomb’ in Retirement Account
ISTOCK If you or your buyers are saving more than in the past in your retirement accounts, paid for college and other heavy expenses of raising children, that all sounds good, except for what we’ll call the “ticking tax time bomb.” (Don’t forget, this year’s tax filing deadline is May 17!) It refers to the […]
President’s Message – Leg Day
by Janine Shedlock, CVAR 2021 President REALTORS®, do you want to make an impact in your community? 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 […]
April 19 – CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions 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 Classes April 19 | CRMLS Training – Cloud Agent Suite April […]
Cities Report March-April ’21
AZUSA The city of Azusa has begun a one-year effort to develop its first Pedestrian Master Plan. Azusa Walks will provide an overview of the pedestrian travel network in the city, identify barriers, and provide options to improve conditions that will encourage walking such as sidewalks and crosswalk improvements. The project team will develop the […]
April 12 – CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions 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 Classes April 12 | CRMLS Training – Matrix Searching 101 April […]