NAR today shared key details of the required practice changes under the industry Settlement Agreement. These practice changes result in revisions to the MLS policy handbook which are summarized below. The revised policies will go into effect on August 17, 2024. A more detailed explanation of each practice change is available on facts.realtor.
The settlement requires NAR to implement the practice changes no later than the date of class notice. Through the preliminary settlement approval...
For release:
May 1, 2024
California REALTORS® place open letter in California newspapers to mitigate confusion about pending changes in industry business practices
LOS ANGELES (May 1) – In light of the preliminary court approval of a settlement by real estate brokerages and the National Association of REALTORS® for antitrust lawsuits, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today has placed an open letter in numerous California newspapers to mitigate confusion about the process of buying and selling a home once new business practices become effective this summer.
The letter is running in nearly 40 local newspapers, including the Los Angeles Times, San Francisco Chronicle, Mercury New...
Today's rates: May 3, 2024
Con. 20% down: 6.990%
FHA 3.5% down: 6.490%
VA 0% down: 6.625%
Last week's rates: April 26, 2024
Con. 20% down: 7.375%
FHA 3.5% down: 6.750%
Season Launch Marketing is Underway
Online, in the groves and at the store, the California Avocado Commission is helping launch the season with distinct local market activations as well as a regionwide, all-new advertising campaign. Both showcase how California avocado farmers grow premium quality avocados by prioritizing responsible, sustainable farming practices, worker well-being and support for their communities.
The week of April 1, CAC launched its new advertising campaign throughout the entire Western region. The "What's Inside a California Avocado" advertising spotlights "the California difference," by going straight to the groves, showcasing growers and focusing on communication of locally grown and sustainably farmed. Streaming and airing throu...