COVID showing protocols (per the COVID-19 Real Estate Guidance or “the Guidance”) require that all visitors to a property wear masks, agree to the posted rules of entry, and use hand sanitizer upon entry. Agents must also clean and disinfect the property both before and after each showing and ensure that social distancing and all other COVID […]
Our connection on the “inside,” C.A.R. Analyst Guillermo Flores, had some surprises for us this month regarding home sales numbers in our area. “We really thought August was the peak of what was shaping to be an over extended home-buying season, but this last month slightly defied our expectations, as sales climbed to their highest […]
Our CVAR update from C.A.R. Research Analyst Guillermo Flores: Overall, the market has been doing well, at least for August. Sales soared from last year by double-digits as rate remained favorable and the statewide median price set a new record and surpassed $700k for the first time. With prices on the rise, mortgage payment on a typical […]
The FHFA directed Fannie Mae and Freddie Mac to delay the implementation date of their .05% Adverse Market Refinance Fee from Sept. 1 until Dec. 1, but C.A.R. says the damage has been done. “While delaying the implementation of this fee may be helpful to lenders, it does nothing to mitigate the damage and cost […]
C.A.R. Research Analyst Guillermo Flores says that overall, the market in CVAR’s region continued improving from the previous months and the same time last year. “While we expect the selling season to extend past its typical months, the continued shortage of active listings will likely slow market activity in the months ahead, after all you […]
C.A.R. recommends that REALTORS® who are independent contractors should wait for the California Employment Development Department (EDD) to launch its new Pandemic Unemployment Assistance (PUA) application before filing for unemployment compensation. However, if you might be eligible for benefits under the regular unemployment compensation system, you should apply now. California Labor Secretary Julie A. Su […]
California REALTORS® are urging the Legislature to act swiftly on SB 50, which would help address the state’s housing shortage and affordability crisis, before Jan. 31 deadline. C.A.R. issued a statement stating that the association stands with Sen. Scott Wiener (D-San Francisco), Sen. Nancy Skinner (D-Berkeley), mayors and other housing advocates “who are united in urging […]
Two events in November will help prepare you for 2020, one hosted by C.A.R. at Victoria Gardens in Rancho Cucamonga on Nov. 13, the other at CVAR in Glendora on Nov. 14, featuring C.A.R. experts with economic and legal updates, along with other industry leaders on planning for success in 2020. Nov. 14 – Real […]
Below are the July statistics for areas serviced by Citrus Valley Association of REALTORS®. Compare this to statewide statistics in the bottom figure. All information is provided to CVAR by the California Association of REALTORS®.
C.A.R. produces snapshots of Existing Home Sales for areas served by members of Citrus Valley Association of REALTORS®.