Real estate professionals across the country are grappling with concerns about the structural soundness of aging multifamily buildings more than a month after the deadly collapse of a Florida condo building where 98 died. Just last week, it was reported that the 60-story luxury tower in San Francisco, which sank 18 inches and leaned 14 […]
Hurdles to Turning Shuttered Malls Into Housing
Above, closed Sears in Buena Park California state lawmakers are grappling with what to do with the growing number of shopping malls and big-box retail stores left empty by consumers shifting their purchases to the web. A possible answer in crowded California cities is to build housing on these sites, which already have ample parking […]
It’s a Record: C.A.R. Chief Economist Weighs In
The good news, there are 1.5 million renters who can afford to buy. As another statewide home price record is shattered in the pandemic era, we hear this: “Not only do skyrocketing home prices threaten already low homeownership levels and make it harder for those who don’t already have a home to purchase one, it […]
CVAR Snapshot April 2021
Since the pandemic, the market has been bouncing back strongly. In fact, “it’s too strong that I don’t know if the current market condition is worth celebrating,” says C.A.R. Analyst Guillermo Flores.” The Numbers: Sales up 65% from last April CA price set another record and soared passed $800k for the first time Active listing dropped […]
July 27 – 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 available classes below). ____________ Join Us July 30: CVAR and 15 real estate associations have combined […]
Nov. 4 CVAR At A Glance
Featured Classes and Events Nov. 4 | CRMLS Training – Free – Glendora Nov. 5 | Maximize Downpayment Assistance – CVAR East (Rancho Cucamonga) Nov. 6 | Relevant Agent 2020 – Covenant House Fundraiser Nov. 7 | CVAR Caravan – Speaker HUD’s Nancy West Nov. 8 | Experts in 1031 Exchange – Tax Exempt Trust – Opportunity Zone – Free! […]