For release:May 15, 2014 California median home price reaches highest level since December 2007; home sales register largest monthly gain since January 2011 LOS ANGELES (May 15) –Showing true signs of improvement, California's housing market continued to perform better than expected in April with both the median home price and home sales increasing month to [...]

For Release:May 13, 2014 C.A.R. applauds FHFA Director Melvin Watt for dismissing plan to reduce loan limits for Fannie, Freddie loans LOS ANGELES (May 13) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement that it will not lower loan limits eligible [...]

For Release:May 13, 2014 C.A.R. applauds FHFA Director Melvin Watt for dismissing plan to reduce loan limits for Fannie, Freddie loans LOS ANGELES (May 13) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement that it will not lower loan limits eligible [...]

PITI, Minimum Annual Income Required to Purchase Median-Priced Home Rises More Than 50 percent in First Quarter, C.A.R. ReportsAll counties in California realized a double-digit year-over-year decline in affordability LOS ANGELES (May 13, 2014) – A combination of continued price increases and relatively higher interest rates during the first quarter of 2014 led to decreased [...]