Due to the Shelter-In-Place order from both the State of California and the County of Mendocino, the Coastal Mendocino Association of REALTORS® (CMAR) has cancelled all in-person classes, meetings, and events including CMAR MLS weekly tours until further notice. The CMAR office will be closed to the public. All in-person or curbside exchanges are by appointment only.
The California Association of REALTORS® has created a site (www.car.org/coronavirus ) to inform and educate members about Coronavirus updates. Information on the site includes emergency legislation, information on the impact to the real estate market, link to the new C.A.R. Coronavirus Addendum/Amendment Form, FAQs and Talking Points, and links to upcoming webinars and recordings from previous webinars.
Additional information and resources regarding COVID-19 are linked at https://www.cmaor.org/coronavirus/
The Coastal Mendocino Association of REALTORS® was formed in 1978 as a 501(c)(6) tax-exempt organization. The same year, CMAR received charters from both the California Association of REALTORS® and the National Association of REALTORS®.
With membership of less than 100 REALTOR® members, CMAR is considered a petite association. The jurisdiction for the association runs from the Humboldt County line in the north to the Sonoma County line in the south. The jurisdiction is bordered by the Pacific Ocean in the west, with varying distances in the east. The CMAR Association jurisdiction is slightly different than the service area for the CMAR MLS.
The service area for the CMAR MLS includes the following areas: Albion (95410), Boonville (95415), Branscomb (95417), Caspar (95420), Comptche (95427), Elk (95432), Fort Bragg (95437), Gualala (95445), Irish Beach (95459), Little River (95456), Manchester (95459), Mendocino (95460), Navarro (95463), Philo (95466), Point Arena (95468) and Westport (95488).
Median Single Family Home Price: May 2020
Mendocino County: $426,000
Coastal Mendocino: $612,500
Sources: National Association of REALTORS®, California Association of REALTORS®, and CMAR MLS
Mortgage Rates Week Ending 07/02/2020
30 year fixed: 3.07% – fees/points: 0.8
15 year fixed: 2.56% – fees/points: 0.8
Source: Freddie Mac
FAIR HOUSING DISCRIMINATION HOTLINE SCAM
HUD’s Housing Discrimination Hotline has been getting calls from the public about a group using a scam that shows them calling from 1-800-669-9777 (the Discrimination Hotline). HUD has received over 30 calls from the public at this time. One scam tells the person to send $300 to them and that HUD will send them back $9000. If you receive a phone call related to this from the public, or if you receive such a message on the answering machine, you have been contacted fraudulently.
Please report this to the FCC.
Source: California Association of REALTORS®
Real Estate Related Links
U.S. Dept. of Housing & Urban Development
National Association of REALTORS®
California Association of REALTORS®
California Department of Real Estate (DRE)
California Bureau of Real Estate Appraisers
California Department of Fair Employment and Housing