California Land Title Association eNewsCalifornia Land Title Association.SACRAMENTO REPORT
Mortgage Loans Assumable by an Existing Borrower; First Right of Refusal Legislation Pulled by Author; Mobilehome Solar Restrictions Void Under Senate Bill; Buyer-Broker Agreements Required Under Pending Legislation; No Denial of Permits for Unpermitted Accessory Dwelling Units
Visit https://www.clta.org/news/670138/Recent-Legislation-Impacting-Real-Estate.htm to view the full article online. Under California’s Housing Accountability Act, a provision known as the “Builder’s Remedy” provides that local governments may not deny certain ...
Visit https://www.clta.org/news/670140/Builders-Remedy-Legislation-Seeks-More-Certainty.htm to view the full article online. Innovation Homes, an owner and manager of single-family homes, announced that it is under contract to acquire approximately 500 additional newly built homes for approximately ...
Visit https://www.clta.org/news/670139/Innovation-Homes-to-Acquire-More-Newly-Built-Homes-Outside-California.htm to view the full article online. INDUSTRY NEWS
The U.S. Circuit Court of Appeals in D.C. ruled that the Department of Justice (DOJ) can reopen its investigation into the National Association of Realtors (NAR). NAR took the position that ...
Visit https://www.clta.org/news/670144/U.S.-Department-of-Justice-Allowed-to-Reopen-NAR-Investigation.htm to view the full article online. The November CLTA eNews reported that the U.S. Supreme Court agreed to hear a property owner’s case claiming that just because a building-permit exaction ...
Visit https://www.clta.org/news/670147/Supreme-Court-Rules-on-Unconstitutional-Taking-in-California.htm to view the full article online. On March 26th, the California Department of Housing and Community Development (HCD) notified the Town of Portola Valley that HCD revoked its January 30, 2024, finding that it's housing element was in substantial compliance with State Housing Element Law. ...
Visit https://www.clta.org/news/670143/Towns-Housing-Element-Approved-Revoked--Builders-Remedy-Possible.htm to view the full article online. Over one-third (34.5%) of U.S. home purchases in February were made with all cash according to Redfin, up from 33.4% a year earlier, and just shy of ...
Visit https://www.clta.org/news/670145/All-Cash-Transactions-Exceed-30-of-Total-U.S.-Home-Purchases-in-February.htm to view the full article online. The results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), released last Thursday, show the 30-year fixed-rate mortgage (FRM) averaged ...
Visit https://www.clta.org/news/670146/Excellent-Credit-and-20-Down---Mortgage-Rates-Head-Towards-7.htm to view the full article online. Texas-based Title Resources Group (TRG) has entered into a definitive agreement to acquire Doma Title Insurance, Inc. (Doma) for about $85 million. ...
Visit https://www.clta.org/news/670141/TRG-to-Acquire-Doma-for-85M.htm to view the full article online. |