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5 Takeaways: What Rent Hike Law Means for Real Estate

September 16, 2019

 State legislators passed AB 1482, a bill from Assemblyman David Chiu (D-San Francisco), which limits annual rent increases to 5% plus the rate of inflation (typically 2%-3%). Modeled after a first-in-the-nation Oregon measure adopted earlier this year, the bill also requires landlords to provide a “just cause” for evicting tenants and, in some circumstances, pay for […]

Filed Under: At A Glance, Government Affairs Tagged With: California Legislature, CalMatters, eviction protection, Gov. Newsom, Housing, Housing construction, rent cap, rent control

Politics Getting in the Way of Housing Legislation

July 8, 2019

In the first half of 2019, members of the California Legislature introduced roughly 200 bills that addressed the state’s worsening housing crisis. By the end of May, most of them had been nixed by the Byzantine nature of California politics. So why can’t California pass real housing reform? Among members of the Bay Area caucus, […]

Filed Under: At A Glance, Industry News Tagged With: Assembly, Curbed, David Chiu, Gov. Newsom, Housing, NIMBY, Politics, Sen. Wiener, Senate, YIMBY

Housing Battle’s Home Front

May 13, 2019

Driven by an explosion in new jobs alongside a lack of sufficient home building to accommodate workers moving into the city, Palo Alto is dealing with a dilemma also faced by other tech hubs across California. Sen. Scott Wiener’s Senate Bill 50 (which C.A.R. supports) aims to spur home building by requiring local governments to […]

Filed Under: At A Glance, California News Tagged With: Housing, Los Angeles Times, Palo Alto, SB 50, Sen. Wiener, Senate Bill 50

Appraisers React to Decision

April 16, 2018

NAR and the Appraiser Qualification Board have reported a “fix” for the appraiser shortage. But veteran appraisers are indicating that it ignores issues with Appraisal Management Companies, that appraisers say are partly to blame for the dwindling supply. “At a time when the average age of today’s residential appraiser is in the late 50s and […]

Filed Under: At A Glance, Government Affairs, Industry News, Pro Tips Tagged With: AMC, appraisal, appraiser, Appraiser Management, Appraiser Qualifications Board, Housing, qualifications

Can Your Clients Afford to Buy?

February 26, 2018

More Californians could afford to purchase a home in the fourth quarter of 2017, up a percentage point to 29% from the third quarter, a positive report from the California Association of REALTORS® this month in its Traditional Housing Affordability Index. This means a minimum annual income of $111,260 was needed to qualify for the […]

Filed Under: At A Glance, Government Affairs, Pro Tips Tagged With: afford, affordability, C.A.R., California Association of REALTORS®, client, Housing

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

CA Housing Issues to Watch in 2018

January 8, 2018

Rising rents and home prices forced California’s housing crisis to the front of Gov. Jerry Brown’s and lawmakers’ agenda in 2017. Legislators passed the most comprehensive package of housing bills in recent memory designed to increase spending on low-income development and encourage more construction in general. But the bills, according to independent analyses, won’t do much to make […]

Filed Under: At A Glance, California News, Government Affairs Tagged With: Assembly Committee on Budget, Assemblymen, California Supreme Court, CVAR, cvar.net, cvarconnect, Housing, LA Times, Los Angeles Times, November 2018, Phil Ting, Prop 13, Proposition 13, rent control, Toni Atkins

Converted Units Now Legal?

September 18, 2017

Thousands of guest houses across Southern California might be shedding their illegal status, thanks to a law that took effect in January.  In an effort by municipalities to ease the housing crisis, thousands of back houses, converted garages and structures otherwise known as Granny Flats are now eligible for legal permits.   Legislation signed by Gov. […]

Filed Under: At A Glance, California News, Government Affairs, Industry News Tagged With: back house, converted garage, converted units, Gov. Jerry Brown, granny flat, Greater Pasadena Affordable Housing Group, Housing, Housing shortage, San Gabriel Valley

4 State Bills Address Affordable Housing

January 3, 2017

  Four Assembly bills announced in December address California’s affordable housing crisis. The proposed bills will fund production of housing for low-income families, incentivize local governments to complete upfront planning and environmental review and approve housing permits to increase housing supply, fund the enforcement of existing state housing law by the Attorney General, and provide rental assistance […]

Filed Under: At A Glance, CVAR News, Government Affairs, Industry News, National News Tagged With: AB 71, AB 72, AB 73, AB 74, affordability, Assembly, California representative, cvar.net, cvarconnect.com, Housing

Dec. 19 CVAR At A Glance

December 19, 2016

Featured Classes and Events   Dec. 23-26 | All Offices Closed for the Christmas Holiday Dec. 30-Jan. 2 | All Offices Closed for New Years Jan. 9 | Dues Are Due! Jan. 9 | CRMLS Training Jan. 13 | CAR Residential Listing & Buyer Rep Agreements Jan. 13 | CAR Purchase Agreement – New Updates […]

Filed Under: At A Glance, CVAR News, Industry News, Video Tagged With: C.A.R., consumer confidence, CRMLS, cvar.net, cvarconnect.com, eviction moratorium, Fannie Mae, First-time buyer grant, Freddie Mac, Homebuyer assistance, Housing, Legal Hotline, mortgage applications, new app, refinancing, Seller Excluded listing, zipForm

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