Tuesday, January 12th, 2010
Steve Goddard - 2010 C.A.R. President
Dear C.A.R. Member:
A new year, and with it, new beginnings and new opportunities. Like you, I’m looking forward to meeting the challenges that invariably present themselves as we get underway.
It’s heartening to see encouraging signs in both the general economy and the real estate market in California. As is often the case, California is ahead of the nation in market recovery. The state’s median home price increased year over year in November for the first time since August 2007, sales bottomed out more than two years ago, and the median home price reached its trough in February 2009. Going forward, we expect the statewide median home price to rise 3.3 percent to $280,000 this year, with a slight decrease in sales. While no one has an infallible crystal ball, it looks like the worst is behind us, and we can move forward with confidence that better days are ahead.
There’s exciting news to share on the statewide MLS front: calREDD™ on Monday officially launched at the Lake County Association of REALTORS®. We remain convinced that a true statewide MLS is in your best interests, and we will continue to work to that end. It’s a complicated process, but as calREDD™ Chairman Mike Silvas so succinctly stated, it’s always easy to criticize innovators who are shaking up the status quo. Following Monday’s successful launch in Lake County, calREDD™ now will focus on deployments at the Chico, Oroville, and Paradise associations later this month, with more to follow in March and April.
Continue reading: Your January Message from C.A.R. President Steve Goddard
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