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Most Popular Home in America

May 6, 2019

Today’s pragmatic homebuyers are not clamoring for luxury condos in the city, they want affordable, single-family homes, often in the suburbs. Yes, these surprisingly hot properties made up about 82% of homes purchased, according to the National Association of Realtors® (NAR) 2019 Home Buyers and Sellers Generational Trends Report. They tend to have three bedrooms […]

Filed Under: At A Glance, Client Tips, Industry News, Pro Tips Tagged With: Citrus Valley Association of REALTORS®, divorcee, first-time buyers, home type, homeownership, luxury condo, married buyers, millennials, NAR, popular homes, pro-tips, Single women

Mortgage Over Marriage

January 7, 2019

© Bank of America When asked about life priorities, millennials name homeownership as their second-highest goal behind retirement—and before marriage and having children, according to Bank of America’s 2018 Homebuyer Insight Report. Seventy-two percent of millennials say owning a home is their top priority, while 50 percent pointed to marriage and 44 percent to having […]

Filed Under: At A Glance, Industry News Tagged With: Citrus Valley Association of REALTORS®, CVAR, CVAR at a Glance, CVAR Connect, cvar.net, cvarconnect.com, homeownership, millennials, mortgage

5 Reasons Why Millennial Homeownership Rate is Low

August 6, 2018

Millennials, born between 1981 and 1997, are less likely to get married than their parents and grandparents, and when they do, it’s often later in life. In 1960, the average age a couple first married was in their early 20s; today, the median age for a first marriage is closer to 30. Millennials are three […]

Filed Under: At A Glance, Industry News Tagged With: CVAR, CVAR at a Glance, CVAR Connect, cvar.net, cvarconnect.com, homeownership, millennial, silent generation

Housing Affordability Driving African-American Population

January 29, 2018

Forbes An estimated 6 million blacks headed north and west to cities such as New York, Los Angeles, Chicago and St. Louis in the early 20th century. But now the tide is reversing, with the African-American population dropping in the latter three over the past six years. In some cases it’s clear that blacks are […]

Filed Under: At A Glance, California News, Government Affairs, Industry News, National News, Pro Tips Tagged With: affordability, African-American, Forbes, Great Migration, homeownership, Housing, Los Angeles, population, reversal

$100 C.A.R. Member Assessment to Fund Ballot Measure

October 30, 2017

In an effort to give real estate industry professionals power over their own destiny, C.A.R. voted at its fall meetings to fund a ballot initiative that will allow homeowners age 55 and older to transfer their property tax basis to any home in the state, to purchase any price home, and to transfer their basis […]

Filed Under: At A Glance, California News, Government Affairs, Membership Tagged With: ballot measure, C.A.R., Dues assessment, homeownership

NAR, C.A.R. Oppose Congressional Proposal

October 23, 2017

C.A.R. and NAR are opposing the “Big Six” Congressional Tax Reform proposal that will soon be considered by Congress, because it removes incentives for homeownership from the tax code and raises taxes on middle-class homeowners. “These incentives are critical for a strong housing market that creates jobs and builds stable communities,” said the NAR in […]

Filed Under: At A Glance, Government Affairs, Industry News, National News Tagged With: Call to Action, homeownership, middle class, NAR, Take Action, tax plan, Trump Administration

Survey: Marriage Equality Has Opened Doors for Buyers

June 19, 2017

Since the Supreme Court ruled to make same-sex marriage legal in 2015, homeownership in the LGBT community has been on the rise, according to the National Association of Gay and Lesbian Real Estate Professionals’ 2017 Homeownership Survey. Of the more than 300 NAGLREP members surveyed, 47 percent say they believe more married same-sex couples are […]

Filed Under: At A Glance, California News, CVAR News, Government Affairs, Industry News, Pro Tips Tagged With: cvar.net, cvarconnect.com, home buyer, homeownership, Jim Obergefell, LGBT, marriage equality, NAGLREP, REALTOR®Mag, RISMedia, Supreme Court

Feb. 13 CVAR At A Glance

February 13, 2017

Featured Classes and Events  Feb. 13 | CRMLS Training – CVAR East – Free Feb. 14 | zipForms® Mobile – Live Stream Feb. 15 | Understanding HERO Program Feb. 16 | Citrus Valley Caravan West – Real Estate Photography (See video above) Feb. 17 | Probate for Pros in Real Estate Click for more classes and events […]

Filed Under: At A Glance, CVAR News, Education & Events, Government Affairs, Industry News, Pro Tips Tagged With: CRMLS, cvar.net, cvarconnect.com, Events, Fannie Mae, FHA, Freddie Mac, homeownership, Legislative Day, MLS, mortgage insurance premiums, REvive!, Trump, website

Is This the New Normal for Homeownership?

February 13, 2017

The homeownership rate is on the decline again. The latest numbers reflecting the fourth quarter of 2016 show the homeownership rate fell from 63.8 percent a year earlier to 63.7 percent, the Census Bureau reported. While the drop may seem slight, it reflects an overall trend for homeownership in the country for the past few […]

Filed Under: At A Glance, Government Affairs, Industry News, Pro Tips Tagged With: Census, cvar.net, cvarconnect.com, homeowner, homeownership, Moody's Analytics, Wall Street Journal

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