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California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

LOS ANGELES (Nov. 27) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to increase the 2019 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $484,350 on one-unit properties and a cap of $726,525 in high-cost areas. The previous loan […]

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Yes on Prop 5, No on Prop 10!

REALTOR® engagement is especially CRITICAL in this year’s election!  REALTORS® are faced with two initiatives that could dramatically change housing opportunities, private property rights and the availability of affordable housing – one for the better and the other would make matters much worse. Prop 5, the Property Tax Fairness Initiative.  Prop 5 qualified for the

Yes on Prop 5, No on Prop 10! Read More »

REALTOR® Safety Month – Tip #2

Show properties before dark. If you are going to be working after hours, advise your associate or first-line supervisor of your schedule. If you must show a property after dark, turn on all lights as you go through, and don’t lower any shades or draw curtains or blinds. — September is National REALTOR® Safety Month, and although you should always be alert and aware, we’ve compiled some extra safety tips to take into consideration.  Because of the nature of the job, you often find yourself in new and possibly unfamiliar surroundings, while most likely alone. Taking these precautions can help keep you safe in

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CA at Risk if National Flood Insurance Program (NFIP) Collapses

Did you know that 1,964,142 properties in CA are exposed to significant flood risk? Did you also know virtually every county in the U.S. (98%) has experienced at least one major flood disaster declaration in the past two decades? Without reauthorization before July 31, the National Flood Insurance Program (NFIP) cannot issue or renew policies where flood insurance is

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Call to Action: National Flood Insurance Program Expiration

The National Flood Insurance Program (NFIP) expires on July 31, denying necessary insurance coverage insurance coverage to homeowners and buyers in more than 20,000 communities nationwide. Congress must act now to reform and extend the NFIP! Urge Congress extend the NFIP and pass meaningful reforms to ensure long-term viability of the program.

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Red Alert: Save the Ellis Act!

A new bill, AB 2364, was recently proposed by California lawmakers, which will detrimentally deter property owners from the rental property business if passed. AB 2364 would have an inevitable chilling effect on housing supply – In the midst of California’s current housing crisis – all because it significantly erodes the Ellis Act. The Ellis

Red Alert: Save the Ellis Act! Read More »

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