California Associate Realtors

Senate tax reform bill is direct attack on homeownership in California, C.A.R. says

LOS ANGELES/Dec. 3, 2017 (StlRealEstate.News) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the passage of the Senate tax reform bill: “We are disappointed that the Senate voted to pass a tax hike bill on California homeowners. This bill will eliminate the financial benefits for homebuyers and leave … Continue reading Senate tax reform bill is direct attack on homeownership in California, C.A.R. says

Higher housing prices and tight inventory drag down California housing affordability; income required to buy doubles in five years, C.A.R. reports

LOS ANGELES/ Aug. 9, 2017 (PRNewswire-USNewswire)(StlRealEstate.News) — Higher home prices resulting from a severe lack of homes for sale and high demand during the hot home-buying season eroded California’s housing affordability in the second quarter, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. The percentage of home buyers who could afford to purchase a median-priced, … Continue reading Higher housing prices and tight inventory drag down California housing affordability; income required to buy doubles in five years, C.A.R. reports