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January California home sales, median price dip, C.A.R. reports   LOS ANGELES (Feb. 15) – California home sales declined from both the prior month and year in January, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).  The median price also was lower, primarily due to a sales increase in the distressed market. “Record [...]

For release: February 9, 2012 California housing affordability improves, matching previous record high, C.A.R. reports LOS ANGELES (Feb. 9) – California’s housing affordability rose to its highest level in fourth-quarter 2011, matching a record high set in 2009, thanks to lower home prices and record-low interest rates, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. The percentage [...]

FOR IMMEDIATE RELEASE                                                                                 CONTACT: January 31, 2012                                                                            Sean Trambley 202-225-6131   ICYMI: NPR: Freddie Mac Betting Against Struggling Homeowners   In Case You Missed It… Today, National Public Radio exposed that taxpayer-owned mortgage giant Freddie Mac has invested billions of dollars betting that struggling U.S. homeowners won’t be able to refinance their [...]

Tracy Notice of Intent Tracy Map

CVAR’s BPOR Course Flyer Course Description

DEPARTMENT OF REAL ESTATE FORUM January 2012 COMPARATIVE STATISTICS       MONTH     REVENUE Net Expenditures                             Reserves 01/31/2011 $3,382,573 $4,764,338 $32,870,448 02/28/2011 $3,311,341 $3,749,786 $32,432,003 03/31/2011 $4,091,909 $3,404,450 $33,119,462 04/30/2011 $3,530,337 $2,382,312 $34,267,487 05/31/2011 $3,217,419 $2,712,816 $34,770,090 06/30/2011 $3,418,098 $7,996,775 $31,191,413 07/31/2011 $2,665,229 $3,590,914 $29,265,728 08/31/2011 $3,127,822 $2,923,963 $29,469,587 09/30/2011 $2,973,925 $2,859,042 [...]

FOR IMMEDIATE RELEASE                                                                                                             CONTACT: January 24, 2012                                                                                                       Sean Trambley 202-225-6131   Congressman Cardoza’s HOME Act Echoed in President’s State of the Union Speech Housing plan allows all responsible homeowners to refinance at current market rate   WASHINGTON, DC – This evening, President Obama introduced a new housing plan that will allow [...]

For release: January 24, 2012 California pending home sales lower in December; distressed sales rise as lenders push through more REOs, short sales, C.A.R. reports LOS ANGELES (Jan. 24) – The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Pending Home Sales Index dropped as expected between November and December, tracking the annual seasonal slowdown.  However, the index [...]

FOR IMMEDIATE RELEASE                                                                                                             CONTACT: January 23, 2012                                                                                                 Sean Trambley 202-225-6131   Congressman Cardoza Calls on President Obama to Address Housing Crisis in State of the Union Speech Continues Push for far-reaching mortgage refinance program, permanent director of the FHFA   WASHINGTON, DC – Today, Congressman Dennis Cardoza (D-CA) called on President [...]

January 2012 Property Lines Hello all! The January edition of Property Lines has just been released.  Take a look to see what’s happening in your area.