For release:February 19, 2014 Constrained housing inventory flattens January home sales LOS ANGELES (Feb. 19) – A limited supply of available homes for sale continued to hamper California housing sales, which were essentially flat in January, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. "The underlying fundamentals for housing demand exists, however, constrained inventory is holding [...]

Last week, the Federal Housing Administration (FHA) announced it was reducing the loan limit for FHA-insured loans from $729,750 to $625,500 beginning Jan. 1, 2014. However, while the FHA is required by statutes under the Housing and Economic Recovery Act (HERA) to lower its cap on loan limits, it has also interpreted HERA to require [...]

Research Contact:Selma Hepp(213) [email protected] For release:January 16, 2014 Home sellers excited about the market again; have confidence to repurchase, C.A.R. survey finds LOS ANGELES (Jan. 16) – Home sellers are more optimistic about repurchasing a home than in the past few years, thanks to strong growth in home prices, record-low interest rates, and better personal [...]

For release:February 12, 2014 Housing affordability stabilizes in fourth quarter as home price increases slow LOS ANGELES (Feb. 12) – As home price gains eased back toward the end of 2013, California's housing affordability held steady in the fourth quarter of 2013, following six consecutive quarters of declines, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. [...]