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C.A.R. Newsline

Nov 7, 2019 | For the Buyers, For the Realtors, For the Seller

Newsline. Leading the way in Real Estate News.

Number of First-Time Homebuyers Expected to Rise

A new TransUnion analysis projects at least 8.3 million first-time homebuyers will enter the mortgage market between 2020 and 2022. That number could climb to as high as 9.2 million if economic growth exceeds expectations. Both growth projections mark a significant acceleration from the 7.6 million first-time homebuyers added in the last three-year period (2016-2018).

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STEPS Toward Homeownership is One Week Away

Did you know over half of all renters in California think they need at least 20 percent down to purchase a home? Your clients need help when it comes to lending and financial planning. That’s why C.A.R.’s Transaction Rescue created the STEPS Toward Homeownership program. This one-day conference will provide you with financial literacy resources to educate renters, prospective first-time homebuyers, clients who have had a prior foreclosure or short sale, and Baby Boomers interested in helping their children or grandchildren become responsible homeowners. The next STEPS Toward Homeownership workshop will be in Rancho Cucamonga on Nov. 13. If you’d like a STEPS workshop in your area, email FinanceHelpline@car.org.

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iBuyers Are Here – Learn What That Means for your Business

Become an expert on iBuyers and what that emerging market means for buyers and sellers in your area through C.A.R. Education. Learn how to educate prospective clients on why this may or may not be the direction they want to go when selling their home.

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Current Owners Are Starving First-Time Buyers of Options

The average American homeowner has spent 13 years in their home, a much longer stay than the average eight-year homeownership tenure in 2010, according to a new Redfin analysis. But as homeowners hold onto their properties longer, it’s becoming more difficult for first-time buyers to find a home to purchase, the analysis shows.

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Latinx Professionals Network Kick-Off Networking Mixer

Join C.A.R.’s Latinx Professionals Networking (LPN) on Thursday, Nov. 14, from 5 to 8 p.m. at the Petroleum Club of Bakersfield for a can’t-miss networking mixer. The mixer is FREE to attend and will celebrate the Latinx and diverse heritage that make up our state with an evening of drinks, appetizers and networking. There will also be opportunities to meet with key Latinx industry and civic leaders and more. Reserve your spot now!


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The Key Essential Guide for Everything Legal Tools

C.A.R. recently updated the Legal Tools Quick Reference Guide to now include over 70 different topics addressing key legal issues facing today’s REALTOR®. The all-in-one reference guide also contains each of C.A.R.’s Disclosure Charts and the complete C.A.R. Sample Letters Library addressing the most common real estate communications.

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