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Keller Williams Agrees to $70M Settlement
Keller Williams Agrees to $70M SettlementKeller Williams, a prominent real estate brokerage firm, has agreed to a substantial $70 million payment as part of a proposed settlement to resolve over a dozen nationwide litigation related to agent commissions. The...
Bipartisan Tax Package Proposes Expansion of Low-Income Housing Tax Credit
Bipartisan Tax Package Proposes Expansion of Low-Income Housing Tax CreditOn Friday, Jan. 19, the House Ways and Means Committee marked-up H.R. 7024, the Tax Relief for American Families and Workers Act. The bill now heads to the House of Representatives’ floor for a...
Stay Compliant: NAR Code of Ethics Compliance Made Easy
Stay Compliant: NAR Code of Ethics Compliance Made Easy NAR Triennial Code of Ethics: Your Membership ReminderWe want to ensure you're in the loop about a critical requirement from the National Association of REALTORS® (NAR). Ensuring compliance with the Triennial...
California home sales reach five-month high as mortgage rates hit lows
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...
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Understanding Fire Insurance in California: Protecting Your Property
Understanding Fire Insurance in California: Protecting Your Property In California, the threat of wildfires looms large, making it increasingly challenging for homeowners to secure and maintain fire insurance coverage. As insurance companies shy away from...
Unlocking Homeownership
Unlocking Homeownership June 2023 June is Homeownership Month, when we celebrate the cornerstone of the American Dream. REALTORS® strive to ensure all Americans have the opportunity to achieve homeownership, but prospective buyers are facing more barriers now...
Dream for All must be fully funded
Dream for All must be fully funded California is experiencing a tremendous housing crisis. A combination of too few homes and condos on the market and continued strong demand for homeownership has caused housing prices around the state and here in Ventura County to...
Mortgage Rates Ease as Debt Ceiling Crisis Avoided
Despite higher mortgage rates and economic uncertainties, the housing market in California, particularly in Ventura County, continues to thrive. The market faces tight inventory, with new listings declining and homes selling much faster than earlier this year. Demand...
State Farm & Allstate stop selling home insurance to new customers in CA
State Farm and Allstate have stopped selling new home insurance policies in California due to wildfire risks and increasing construction costs. However, they will continue to service existing clients and offer new auto insurance policies in the state. This decision...
Call to Action: Protect Housing Providers Now!
Click the Take Action button and call your Senator TODAY to ask them to Vote NO on SB 567! SB 567 could be voted upon as early as Wednesday, May 24!RED ALERT: Protect Housing Providers Now! SB 567 could be taken up for a vote on the Senate Floor as early as...
Breaking Barriers in Real Estate: C.A.R. Collaborates with Top Experts to Tackle Fair Housing Issues
VCCAR DEI Committee members pictured from left: Julio Gomez, DEI Chair - Melissa Hunter, and Bridget Goncalves On April 11th, the California Association of REALTORS® (CAR) held its 2nd Annual Fair Housing Event in West Hollywood. The Ventura County Coastal Association...
REALTOR® Legislative Day
For the past 51 years, Legislative Day has remained C.A.R.’s pinnacle legislative event. Legislative Day gives California REALTORS® the opportunity to meet and discuss real estate issues directly with their state legislators and staff. Attending Legislative Day is...
U.S. real estate brokerages must face home sellers’ class action over commissions
Highlight A recent ruling by a federal judge in Chicago has allowed a class-action lawsuit to proceed against the National Association of Realtors and several real estate brokerages. The lawsuit claims that the defendants conspired to inflate commission rates, and...