Items Tagged with 'California Association of Realtors'


  • California, your new home prices are about to spike

    By 2020, all newly built homes in California will come with solar panels
    In 2018, the California Energy Commission unanimously voted for the mandatory implementation of solar panels on virtually every newly built home in California. And although many have praised the landmark decision, some fear it will put a larger financial strain on homeowners statewide.
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  • California, your affordable housing woes are far from over

    Affordability continues to decline annually in the Golden State
    According to the Traditional Housing Affordability Index from the California Association of Realtors, the percentage of homebuyers who could afford to purchase a median-priced, existing single-family home edged up to 28% in the fourth quarter of 2018. Although this is an increase from the third quarter, the percentage is still lower than the same period in 2017.
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  • ZipLogix partners with Glide to bring digital disclosures to California Realtors

    New app allows sellers to submit Transfer Disclosure Documents digitally for the first time
    No more paper pushing when it comes to disclosure for members of California Association of Realtors and their selling clients. ZipLogix and Glide have teamed up to create an app for that. Glide Form will be the first ever platform that allows sellers to file their transfer disclosure documents digitally.
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  • Housing industry applauds FHA move to stop insuring mortgages with PACE loans

    Largest industry trade groups support Trump administration decision
    On Thursday, the Trump administration reversed the Obama administration’s decision on PACE loans and said that FHA will stop insuring mortgages on homes that also carry PACE liens. Unsurprisingly, some of the same housing groups that asked for a change to the PACE rules last year are in favor of the Trump administration’s decision.
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  • Live in Silicon Valley? Check out this new first-time homebuyer grant

    Money to cover closing costs
    First-time homebuyers in the infamously tough California housing market are in luck thanks to a new closing-cost grant from local Realtors. The Santa Clara County Association of Realtors and the Silicon Valley Association of Realtors secured a $100,000 grant from the California Association of Realtors Housing Affordability Fund to aid first-time homebuyers in the area.
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  • Few California home shoppers can afford average-priced homes

    CAR: Income needed to buy a home ticks higher
    California’s infamous housing situation isn’t getting any better, with the number of people that can afford that Golden State’s averaged-priced home dropping even lower. And unfortunately for residents, in order to lock in an averaged-priced home, they would need to make north of six figures.
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  • California Realtors to Freddie: Don't support investors in the single-family home rental market

    Freddie announcement coming soon
    The California Association of Realtors called out Freddie Mac’s pending entrance into the single-family home rental market, saying the move goes directly against helping homebuyers. Fannie Mae unveiled a similar initiative back at the beginning of the years, but Freddie boasts that its program will be different.
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  • Despite inventory shortage, existing home sales surge in California

    Median home price jumps to highest level since August 2007
    For two years now, California has dealt with extremely low housing inventory, and it doesn’t look like it’s getting better any time soon. According to the latest report from the California Association of Realtors, existing home sales in California took off in June to their highest pace in nearly four years. But the increase in sales, coupled with the double-digit decline in active listings, now means June’s available housing supply is even lower.
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