Monthly Archives: May 2016

C.A.R. historical data summary now available

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C.A.R.’s Annual Historical Data Summary Report tracks trends in California’s housing market from 1968 to present. Updated to include 2015 data, this report provides historical data of California’s housing market including single-family and condominium home sales, pending home sales, housing affordability, and equity home sales.

REALTORS® can use this data to gauge how current market conditions compare to prior years and help their clients make more informed decisions.

View the 2016 Annual Historical Data Summary.

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C.A.R. Research Blog: Why inventory is tight

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Two words alone have, rightly, loomed large in discussions about California’s housing market this year: inventory and affordability, C.A.R. Economist Jordan Levine writes in an April Housing Matters blog. A tight supply of homes available for sale has helped to keep strong upward pressure on home prices, which in turn has caused further deterioration of affordability in the state.

There are many reasons why inventory remains tight in the state, including:

• Demographic changes as the population becomes older, fewer people are moving
• Long-term supply and demand imbalances stemming from decades of under-building
• An economy that has not seen the bounce-back recovery from the recession
• Policy issues associated with property taxes and potential capital gains

Read the full article.

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C.A.R. Research Blog: Why inventory is tight

Posted on by

http://ift.tt/eA8V8J

Two words alone have, rightly, loomed large in discussions about California’s housing market this year: inventory and affordability, C.A.R. Economist Jordan Levine writes in an April Housing Matters blog. A tight supply of homes available for sale has helped to keep strong upward pressure on home prices, which in turn has caused further deterioration of affordability in the state.

There are many reasons why inventory remains tight in the state, including:

• Demographic changes as the population becomes older, fewer people are moving
• Long-term supply and demand imbalances stemming from decades of under-building
• An economy that has not seen the bounce-back recovery from the recession
• Policy issues associated with property taxes and potential capital gains

Read the full article.

Vía Home http://ift.tt/1YCMWxl

C.A.R. historical data summary now available

Posted on by

http://ift.tt/eA8V8J

C.A.R.’s Annual Historical Data Summary Report tracks trends in California’s housing market from 1968 to present. Updated to include 2015 data, this report provides historical data of California’s housing market including single-family and condominium home sales, pending home sales, housing affordability, and equity home sales.

REALTORS® can use this data to gauge how current market conditions compare to prior years and help their clients make more informed decisions.

View the 2016 Annual Historical Data Summary.

Vía Home http://ift.tt/1YCMT4s

HUD Proposes Rule Requiring Installation of Broadband Technology During Construction of Most HUD-Financed Multifamily Housing

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WASHINGTON – In an effort to extend affordable internet access to children and families living in federally assisted housing, U.S. Housing and Urban Development (HUD) Secretary Julián Castro today proposed a rule to require the installation of broadband infrastructure into most HUD-financed multifamily housing developments during their construction or substantial rehabilitation.

Vía HUD Press Releases http://ift.tt/27AeObp