CCARToday - Contra Costa Association of REALTORS

Moves You Forward.

CA Attorney General Rob Bonta Creates New Housing Strike Force

by

bonta_strike_force

California Attorney General Rob Bonta announced the creation of a Housing Strike Force within the California Department of Justice (DOJ) and the convening of a series of tenant roundtables across the state. 

Attorney General Bonta today also launched a Housing Portal on DOJ’s website with resources and information for California homeowners and tenants. 

Together, the Housing Strike Force, roundtables, and Housing Portal are part of DOJ’s new effort to advance housing access, affordability, and equity in California. DOJ’s Housing Strike Force will draw on the expertise of attorneys from the Land Use and Conservation Section, the Consumer Protection Section, the Civil Rights Enforcement Section, and the Environment Section’s Bureau of Environmental Justice to address the housing crisis and to alleviate its effects.

Read More >>

CA Housing Market Update & Forecast

by

As of October 30, 2021:
Most of the economic news is positive and California has made more progress down the road to economic recovery. Some positive trends continued to get better while some negative trends started to lose momentum.

There is even evidence that the housing market in California has begun to stabilize around what are expected to be the medium-term levels. However, interest rates have risen significantly from the first half of the year and the coronavirus, although avoiding a significant ramp thus far, is likely transitioning from pandemic to a lasting endemic with numbers that remain persistently high as we enter a new normal.
Read More >>

Looking into the Future…
C.A.R. Releases its 2022 CA Housing Market Forecast

The baseline scenario of C.A.R.’s “2022 California Housing Market Forecast” sees a decline in existing single-family home sales of 5.2 percent next year to reach 416,800 units, down from the projected 2021 sales figure of 439,800. The 2021 figure is 6.8 percent higher compared with the pace of 411,900 homes sold in 2020. California housing market to remain solid if pandemic is kept under control, but structural challenges will persist:

  • Existing, single-family home sales are forecast to total 416,800 units in 2022, a decline of 5.2 percent from 2021’s projected pace of 439,800.
  • California’s median home price is forecast to rise 5.2 percent to $834,400 in 2022, following a projected 20.3 percent increase to $793,100 in 2021.
  • Housing affordability is expected to drop to 23 percent next year from a projected 26 percent in 2021.

Read More >>

CCAR Receives $50K HAF Grant to Benefit First-Time Black Home Buyers

by

Happy African American Father and Son in Front of Home and Sold For Sale Real Estate Sign.

CCAR recently received a C.A.R. HAF (Housing Affordability Fund) grant for $50,000 that has been donated to the Richmond Community Foundation’s Black Wealth Builder Fund.

The Richmond Community Foundation’s Black Wealth Builder Fund, a local charitable foundation dedicated to building wealth and preserving economic equity in Black communities throughout Contra Costa and Alameda Counties. With these funds the Foundation will provide three no-interest loans of up to $15,000 for closing costs, down payment assistance, and other financial needs to ensure the close of escrow on a buyer’s first home; zero-interest loans are due at the time of sale or refinancing.

“In our community, homeownership rates for White households is almost double that of Black households. Black households are the only racial/ethnic group that experience consistent declines in homeownership,” said Jim Becker, President and CEO of the Richmond Community Foundation.

“Through the Black Wealth Builder Fund, we will be able to remove key financial barriers for Black households.”

To date, the Foundation has raised more than $140,000 that will benefit 19 new Black homeowners.

For more information about how to apply for funds, qualified first-time homebuyers should contact Niki Beasley or Cymone Goree at Neighborhood Housing Services of the East Bay: 510. 237.6459, and let them know they are interested in the First Time Home Buyer program.

Selling in Fire Zones – What Every REALTOR® Should Know – May 22

by

forest fire

Join CCAR and Disclosure Source NHD for an exclusive zoom webinar on May 22 from 10 – 11am, “Selling in Fire Zones,” featuring Laurel Housh, NHD Expert & C.A.R. Forms Certified Trainer.

This informative session will give members a clear understanding of what’s required when listing or selling properties in designated Fire Zones.

Topics include:

  • How to read Fire Zone determinations in the NHD report
  • Seller disclosure requirements
  • Understanding the Fire Hardening & Defensible Space (FHDS) form
  • Legal responsibilities for both sellers and buyers
  • Best practices for preparing and presenting listings in Fire Zones
  • Turning NHD insights into new business opportunities

Don’t miss this crucial class to stay compliant, informed, and ready to guide your clients through fire zone transactions.

Register on the ccar calendar >>

CCAR Launches New Improved Membership Database; We Appreciate Your Patience During Transition

by

“The new Cerebro Customer Relationship Manager, or CRM tool, is an exciting platform that was developed in-house by our very own technical team, and we look forward to providing members with an improved service experience,” said Sheiren Diaz, CCAR CEO.

CCAR is now in the process of transitioning to a new membership management database. We ask that you please bear with us as our Membership Services team transitions to the new platform. When fully operational the system will provide improved tools, information and service to membership.

Should you have questions, issues, or concerns, please contact [email protected] or call 925.295.1270.