CALIFORNIA ASSOCIATION OF REALTORS®

CALIFORNIA ASSOCIATION OF REALTORS® The CALIFORNIA ASSOCIATION OF REALTORS® is a trade association representing 190,000 REALTORS® statewide. C.A.R. members.

C.A.R.’s page is an online community for members to discuss the real estate industry. encourages comments and participation on our page, and we will do our best to address questions from C.A.R. However, there are certain kinds of questions and comments which C.A.R. believes are inappropriate for this forum. The following types of comments will be deleted by our moderators:
• Comments pitc

hing or selling particular products or services. We consider this forum to be a “no pitch zone.”
• Comments addressing specific real estate transactions or REALTORS®. members should call our Legal Hotline to speak with an attorney to discuss these topics. Consumers who wish to obtain more information about real estate matters should check with the California Department of Real Estate.
• Comments which include profane, racist, or otherwise inappropriate language. may also choose to ban users from this forum who post any of the above types of prohibited comments. By establishing these basic guidelines, C.A.R. seeks to ensure that this forum remains pleasant and useful for the benefit of our members.

June is Homeownership Month! Buying a home is one of life's biggest milestones, and no one gets there alone. From lender...
06/19/2026

June is Homeownership Month!

Buying a home is one of life's biggest milestones, and no one gets there alone. From lenders and inspectors to appraisers, escrow officers, and even supportive friends and family, homeownership is made possible by a team of people working toward a common goal.

At the center of that team is your REALTOR® — helping you navigate the process, connect with trusted professionals, and make informed decisions every step of the way.

Swipe to meet the homeownership village and learn how each member helps turn the dream of homeownership into reality.

06/19/2026

The 30-year fixed-rate mortgage averaged 6.47% this week, down from last week’s average of 6.52%. The 30-year FRM averaged 6.81% last year at this time.

The end of the U.S.-Iran war is encouraging news for the economic and housing outlook, particularly as energy-driven inflation and business uncertainty have weighed on recent economic data. Easing geopolitical tensions should help reduce upward price pressures, improve small business confidence, and support a modestly better outlook ahead. Still, affordability challenges remain.

With inflation projected to stay elevated in the coming months, the Federal Reserve decided to keep the fed funds rate unchanged after the latest FOMC meeting. Projections released by the central bank also indicate that more Fed members now see the policy rate being higher at the end of 2026, which prompted bond yields and mortgage rates to spike before moderating somewhat in the following day. Volatility will likely remain in the weeks to come.

Juneteenth is an annual federal holiday celebrated on June 19 to commemorate the emancipation of enslaved African Americ...
06/19/2026

Juneteenth is an annual federal holiday celebrated on June 19 to commemorate the emancipation of enslaved African Americans.

At C.A.R., we recognize that expanding access to homeownership and advancing fair housing are critical to building stronger, more inclusive communities, especially as Black homeownership rates in California continue to trail behind others. Explore the slides to learn more about the history and ongoing importance of this work.

Let’s continue to listen, learn, and work together toward a future rooted in fairness, dignity, and opportunity.

C.A.R.’s May Sales and Price Report is here to help you showcase your expertise and demonstrate your REALTOR® value.In M...
06/18/2026

C.A.R.’s May Sales and Price Report is here to help you showcase your expertise and demonstrate your REALTOR® value.

In May, California’s rising median home price broke a new record. The statewide median home price reached a record high for the second straight month to $930,260, up 3.1% from $902,040 in May 2025. Existing, single-family home sales increased 5.1% year-over-year to 268,810 in May on a seasonally adjusted, annualized basis.

For more details on the May 2026 Sales and Price Report, visit https://on.car.org/4ek3Gcw or link in bio.

More than 200 California REALTORS® gathered on Capitol Hill to meet with Senators Padilla and Schiff and advocate for so...
06/17/2026

More than 200 California REALTORS® gathered on Capitol Hill to meet with Senators Padilla and Schiff and advocate for solutions to some of the most pressing housing challenges facing our communities: increasing housing supply, improving affordability, expanding opportunities for first-time buyers, and addressing the property availability crisis.

C.A.R. President Tamara Suminski moderated the discussions with introductions of Sen. Padilla by his Federal Political Coordinator (FPC) and long-time friend, Greater Los Angeles REALTORS® member Mel Wilson and of Sen. Schiff by his FPC, C.A.R. President-elect Mark Peterson.

Together, these REALTOR® leaders helped ensure the voices of California homeowners, buyers, sellers, and communities were heard at the highest levels of government.

Their message was simple: homeownership creates opportunity, strengthens communities, and changes lives. That’s why they showed up. Because .

The Federal Reserve voted to keep its benchmark interest rate unchanged for the fourth consecutive meeting, maintaining ...
06/17/2026

The Federal Reserve voted to keep its benchmark interest rate unchanged for the fourth consecutive meeting, maintaining its target range at 3.5%–3.75%.

The meeting marked the first chaired by new Federal Reserve Chair Kevin Warsh, who recently assumed the role. While rates remain steady for now, Fed officials signaled that inflation concerns could lead to a potential rate increase later this year.

Although the Federal Funds Rate does not directly determine mortgage rates, Fed policy remains an important indicator of the broader economic environment. As market conditions continue to evolve, REALTORS® can help clients understand what these developments may mean for mortgage rates, affordability, and their homeownership goals. Read C.A.R.’s weekly market update, the Market Minute, for the news shaping economic forces in housing. Read it at www.car.org/marketdata/marketminute or link in bio.

C.A.R. CEO Phil Hawkins, President Tamara Suminski and President-elect Mark Peterson are off to a busy start in Washingt...
06/15/2026

C.A.R. CEO Phil Hawkins, President Tamara Suminski and President-elect Mark Peterson are off to a busy start in Washington, DC, this week, where they’re meeting with REALTORS® from across the country as part of the National Association of REALTORS® Legislative Meetings.

Items on the agenda include increasing the housing supply, tax policy, and the availability of property insurance.

They’ll also meet with California congressional offices and U.S. Senators to discuss legislative solutions to the state’s housing crisis and other issues impacting California’s REALTORS® and consumers. They do this because .

California homeowners who are recovering from severe storms that occurred in February through July of 2023 and in Januar...
06/12/2026

California homeowners who are recovering from severe storms that occurred in February through July of 2023 and in January of 2024 may be eligible for financial assistance through the ReCoverCA Single-Family Rehabilitation and Reconstruction Program.

The program can help eligible homeowners repair, rebuild, or replace storm-damaged homes, and may even reimburse certain eligible repair costs already paid. Applications are currently open, and funding is limited. Priority may be given to households with incomes at or below 80% of Area Median Income, older adults, and people with disabilities.

For REALTORS®, this is an opportunity to share a valuable resource with past clients and community members who may still be recovering from the 2023 and 2024 storms. The program serves eligible homeowners in Monterey, San Benito, Santa Cruz, Tulare, Tuolumne, and San Diego counties, as well as the Hoopa Valley Indian Reservation.

Learn more and apply at https://on.car.org/3QB53KA or link in bio.

06/12/2026

The 30-year fixed-rate mortgage inched up to 6.52% this week, a small increase over last week’s rate of 6.48%. At this time last year, the FRM averaged 6.84%.

Rates could remain elevated in the near term as energy prices continue to put upward pressure on the overall price level. The May Consumer Price Index rose 4.2% from last year and reached its highest level since April 2023, while core inflation remained more contained. Ongoing uncertainty around U.S.-Iran negotiations and a stronger-than-expected labor market raised the floor under mortgage rates but will likely keep the Fed funds rate unchanged when the central bank meets next week.

With inflation expected to inch up in the months ahead, the case for a more hawkish policy stance later this year has strengthened, and mortgage rates could climb further before easing again.

Address

915 L Street, #1460
Sacramento, CA
95814

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+12137398200

Website

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