The U.S. Department of Justice (DOJ) has launched a “formal inquiry” into the California Association of Realtors (CAR) in response to a consumer group’s complaint about the organization’s contracts and forms. According to the Orange County Register, the...
California’s closed escrow sales of existing, single-family detached homes totaled a seasonally adjusted annualized rate of 270,200 in June, according to data from the California Association of Realtors (CAR). This represented a 0.8% drop from the revised 272,410...
A nonprofit group sponsored by the California Association of Realtors (CAR) announced it was suing the City of Beverly Hills for rejecting an application to build a 165-unit mixed-used development. The project’s proposed location is a vacant lot in an area...
The median home price in California reached a new record high of $908,040 in May, up by 0.4% from April and up by 8.7% one year ago, according to new data from the California Association of Realtors (CAR). This marked the second consecutive month where the median home...
California’s median home price reached a new all-time high at $904,210 in April, up 11.4% from $811,510 one year earlier and up 5.8% from March’s $854,490. According to the California Association of Realtors (CAR), this is the first time the median home price...