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California Records Mild Improvement in Housing Affordability

California Records Mild Improvement in Housing Affordability

by Phil Hall | May 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from the California Association of Realtors (CAR) found that 17% of the state’s homebuyers could afford to purchase a median-priced, existing single-family home during the first quarter of this year. This up from 15% in the fourth quarter of 2023....
California Realtors Publish Open Letter Explaining Settlement Terms

California Realtors Publish Open Letter Explaining Settlement Terms

by Phil Hall | May 2, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The California Association of Realtors (CAR) has published an open letter in nearly 40 California newspapers designed to clarify the facts surrounding the recent settlements by the National Association of Realtors and several major brokerages regarding the homebuying...
Joel Sebree Resigns as CEO at California Association of Realtors

Joel Sebree Resigns as CEO at California Association of Realtors

by Phil Hall | Apr 22, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

John Sebree has resigned as the CEO of the California Association of Realtors (CAR). Sebree joined CAR two years ago from Missouri Realtors, replacing Joel Singer who retired after 32 years as CEO. Earlier in his career, Sebree was senior vice president of public...
California Home Sales Down in March

California Home Sales Down in March

by Phil Hall | Apr 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 267,470 in March, according to data from the California Association of Realtors (CAR). This is a 7.8% slide from the revised 290,470 homes sold...
California Home Sales Down in March

California Home Sales Up 12.8%

by Phil Hall | Mar 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 290,020 in February, according to new data from the California Association of Realtors (CAR). This represented a 12.8% increase from the...
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