by Dustin Balloun | Dec 23, 2024 | Industry News, Market Reports
Federal Reserve Cuts Interest Rates, Signals Slower Easing Ahead Amid Inflation Concerns On December 18, 2024, the Federal Reserve reduced its key interest rate by 0.25 percentage points, setting it at a range of 4.25% to 4.5%, the lowest since February 2023. This...
by Dustin Balloun | Sep 16, 2024 | Association News, Industry News, VOTE
Have Your Say: Help Shape Ventura’s Future with the New Land Use Map! Have Your Say: Help Shape Ventura’s Future with the New Land Use Map! We’re excited to share a key update on Ventura’s General Plan, our city’s roadmap for guiding...
by Dustin Balloun | Sep 16, 2024 | Association News, Industry News, VOTE
Help protect property rights – Vote NO on Prop 33! Prop 33 would repeal the Costa-Hawkins Rental Housing Act, the current law that protects property owners from extreme rent control. Costa-Hawkins has been crucial in: Preventing rent control from being applied to...
by Dustin Balloun | Aug 26, 2024 | Industry News, Market Reports
California home sales reach five-month high as mortgage rates hit lows, C.A.R. reports Existing, single-family home sales totaled 279,810 in July on a seasonally adjusted annualized rate, up 3.6 percent from 270,200 in June and up 4.1 percent from 268,840 in July...
by Dustin Balloun | Aug 9, 2024 | Association News, Industry News
Understanding the Impact of Updated Fannie Mae Guidelines and FHA FAQs on Seller-Paid Commissions Did You Know? According to the updated Fannie Mae Guidelines, when a seller or the seller’s real estate agent continues to pay the buyer’s real estate agent commission...
by Dustin Balloun | Feb 20, 2024 | Association News, Industry News
A monthly message from C.A.R. President Melanie Barker 2/20/24 – Many volunteer hours went into creating new Association policy on a number of very important issues. We will be sending a full list of action items later this week, but I want to mention a few...