The Beverly Hills Real Estate blog for 5-20-13

The Beverly Hills Real Estate blog for 5-20-13.

Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook at http://youtu.be/Y8UJkFHT2sU   

81 and sunny today.  The Dodgers let another one slip… They’ll be back!

Today's real estate news 

- Mortgage rates rise

- A deduction unevenly used

- Buying beats renting in 64 percent of metros after three years

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Nominations open for the C.A.R. Champions of Home Awards 

C.A.R. would like to invite its members to nominate a California REALTOR® who has gone the extra mile for a client.

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April home sales and price report 

California home sales and prices spring higher in April; median price posts five-year high.

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Free L.A.-area home buyers fair May 25 

Event will help prepare prospective first-time home buyers enter the California housing market and assist previous homeowners who have suffered economic hardships regain their footing.

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C.A.R. reports 1st quarter 2013 housing affordability 

Higher home prices put a dent in California’s housing affordability during the first quarter of 2013.

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California REALTORS® applaud new FHFA appointment 

The new appointment brings the much-needed certainty to the position that is necessary to ensure that the mortgage giants can continue providing liquidity to the housing finance industry.

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Test the Java-free zipForm® Plus Beta 

C.A.R. just released zipForm® Plus Beta allowing all members to test and provide feedback to the future of forms software. More information and free webinars can be found on the zipForm® 6 webpage.

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Fannie, Freddie don’t deserve capital punishment 

A recent editorial called for the U.S. government to put the GSEs on a path to recovery, rather than jeopardize the two institutions that made the mortgage market stronger.

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Celebrate 100 years of living by "the code" 

2013 marks the centennial of the Code of Ethics and Standards of Practice of the National Association of REALTORS®.

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March pending and distressed sales report 

The share of equity sales rose to their highest level in five years, while March California pending home sales climbed from the previous month.

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New C.A.R. ad campaign spotlights ripple effect of real estate 

“What starts with one California REALTOR® benefits all of California.”  That’s the underlying sentiment of a new integrated consumer ad campaign from C.A.R., launching exclusively on ABC television stations, as well as radio, print, and online. 

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