For the Media
For the Media
UPDATE: MARCH 19, 2020, 8:00 A.M.
C.A.R. President Jeanne Radsick gives an update on new member for the coronavirus pandemic
Please see the following statements C.A.R. has released to the press on the novel coronavirus:
March 12, 2020: California REALTORS® expect coronavirus to impact housing market
Press inquiries may be directed to Media Relations.
C.A.R. Talking Points
PANDEMIC UNEMPLOYMENT ASSISTANCE (PUA)
California Coronavirus Weekly Recap
Stay up to date on the California coronavirus outbreak and its impact on the real estate market.
This newsletter will be released every Wednesday.
In This Issue:
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The Economy & Your Finances: U.S. and California unemployment both fall; EDD requiring proof of self-employment
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The Market & Industry: California market strong; mortgage rates rise slightly, mortgage applications rise and refinancings dip
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Around the State: First U.S. Omicron case in San Francisco; California COVID cases remain low for now
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Health Check-Up: Omicron variant spreading worldwide; where to schedule your booster
In This Issue:
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The Economy & Your Finances: EDD requiring proof of self-employment; three reasons might allow PUA reassessment
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The Market & Industry: Market remains solid; mortgage rates inch even lower
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Around the State: Hospitals seek to streamline patient transfers; 80% of LAUSD students meet vaccination deadline; California COVID cases remain low
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Health Check-Up: U.S. FDA urges boosters for all over 18, especially 50+; where to make your appointment
In This Issue:
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The Economy & Your Finances: EDD requiring proof of self-employment; another round of state stimulus checks going out
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The Market & Industry: Mortgage rates remain low; California's home sales solid in October
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Around the State: More states join California in urging booster shots for all; COVID-19 cases remain low for now
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Health Check-Up: Pfizer asks approval for COVID-19 pill and agrees to allow other nations to make generic versions; 10% of U.S. kids aged 5-11 have had first dose of vaccine; where to make your appointment
In This Issue:
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The Economy & Your Finances: California unemployment finally drops; U.S. jobless rate reaches pandemic low
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The Market & Industry: Mortgage rates dip again; California's housing affordability index rose slightly in Q2
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Around the State: State officials urge boosters; L.A. mandates vaccination proof for many indoor venues; U.S. lifts ban on international travelers; U.C. Berkeley cancels football game due to new cases
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Health Check-Up: Nearly 1 million young children vaccinated in first week; how to make your appointment
In This Issue:
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The Economy & Your Finances: U.S. jobless claims drop again; California unemployment finally falls slightly
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The Market & Industry: Mortgage applications fall again; mortgage rates lower slightly
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Around the State: Children's doses of COVID-19 vaccine available today; LA Mayor tests positive; cases remain low
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Health Check-Up: CDC approves Pfizer's COVID-19 vaccine for children ages 5 to 11; California begins children's vaccinations
In This Issue:
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The Economy & Your Finances: U.S. jobless claims drop; California unemployment jumps
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The Market & Industry: U.S. home sales rebounded last month; mortgage rates rising; Fed will begin tapering in November
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Around the State: COVID-19 cases plummet; many vaccinated state employees are not being tested
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Health Check-Up: FDA advisors recommend Pfizer's COVID-19 vaccine for children ages 5 to 11; Moderna's trial shows its vaccine safe for children ages 6 to 11
In This Issue:
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The Economy & Your Finances: National jobless claims drop to pre-pandemic level; California unemployment still rising
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The Market & Industry: Market still strong, stabilizing; Freddie Mac & Fannie Mae predict home prices will continue growing; mortgage rates rise slightly
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Around the State: Hospital staff strike for more staffing; 97 percent of LAUSD teachers and administrators meet vaccination deadline
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Health Check-Up: Halloween gets the green light; Moderna booster is recommended for approval; J&J vaccine needs a second dose; Colin Powell dies of COVID-19
In This Issue:
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The Economy & Your Finances: Jobless claims fall; auto insurers told to refund more premiums
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The Market & Industry: Remote working may allow more renters to buy homes; mortgage rates nudge upward
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Around the State: Cases continue to decrease
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Health Check-Up: Even mild COVID has longterm neurological effects; Moderna will not share its vaccine recipe
In This Issue:
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The Economy & Your Finances: Jobless claims rise; some local eviction moratoria in California continue
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The Market & Industry: Mortgage rates rise; supply chain issues and anticipated inflation cool forecasts for Q3 2021
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Around the State: Eligible California students mandated to receive vaccine for in-person schooling; California National Guard called to assist beleaguered hospitals in Northern California and Central Valley
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Health Check-Up: COVID-19 cases slow nationwide; Merck applies for approval for antiviral medicine for COVID; Johnson & Johnson applies for approval for boosters
In This Issue:
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The Economy & Your Finances: U.S. jobless claims rise again; state rental relief programs continue through eviction moratorium ends tomorrow; apply now for the relief grant program or for unemployment benefits for weeks before Sept. 4
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The Market & Industry: Mortgage rates remain low, sales and mortgage applications slow
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Around the State: Some counties and school districts requiring vaccinations; 200 SF police request religious exemptions; COVID cases slowing in California
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Health Check-Up: Pfizer applies to FDA for approval for vaccine for 5-11-year-olds; CDC expands booster eligibility
In This Issue:
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The Economy & Your Finances: U.S. jobless claims rose due to Hurricane Ida but California claims dropped; California labor market grows; Federal Child Tax Credits roll out; state small business relief grant applications are open
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The Market & Industry: Mortgage rates tick slightly up; sales slow but prices still high; forbearance ending soon
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Around the State: California has lowest transmission rate in the U.S.
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Health Check-Up: Boosters not approved for general population, approved for high-risk groups; Pfizer announces results showing safety for vaccine for children 5-11; majority in U.S. say public health restrictions worth the cost
In This Issue:
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The Economy & Your Finances: PUA ended Sept. 4; state stimulus checks go out; jobless claims lower
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The Market & Industry: Surprisingly few jobs created; mortgage rates mostly flat
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Around the State: Two new strains identified in California, but vaccinations seem to be slowing hospitalizations
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Health Check-Up: Earliest COVID-19 death in the U.S. was Jan. 19
In This Issue:
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The Economy & Your Finances: PUA ends Sept. 4; jobless claims rising
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The Market & Industry: Consumer confidence lowers; interest rates rise slightly; U.S. Supreme Court rules against CDC's authority to maintain national eviction moratorium, but leaves local ordinances in place
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Around the State: Cases rising; 80 percent of Californians at least partially vaccinated
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Health Check-Up: ICUs filling up; do not take ivermectin to prevent or treat COVID-19
In This Issue:
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The Economy & Your Finances: For another week, U.S. jobless claims
fall while California’s rise -
The Market & Industry: Consumers pessimistic about homebuying
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Around the State: Masks still required in offices unless everyone vaccinated
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Health Check-Up: New potential COVID-19 antiviral drug identified
In This Issue:
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The Economy & Your Finances: Newsom signs $6.2 billion tax cut for small business
PPP recipients -
The Market & Industry: FHFA announces new refinances option
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Around the State: Hospitalizations at lowest levels since March 2020
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Health Check-Up: Experts caution not to skip your second dose of the vaccine
In This Issue:
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The Economy & Your Finances: Final round of applications for California small business grant program opens today
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The Market & Industry: California market closed out April strong
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Around the State: California has lowest case rate in the nation
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Health Check-Up: CDC issues new outdoor mask guidance for fully vaccinated people
In This Issue:
• The Economy & Your Finances: Paycheck Protection Program funds may run out before end of the month
• The Market & Industry: California median home price hits new record high
• Around the State: All Californians age 16+ eligible for vaccination
• Health Check-Up: Fewer than 6k Americans have been infected with COVID-19 after full vaccination
In This Issue:
• The Economy & Your Finances: Weekly unemployment claims shoot up
• The Market & Industry: CFPB recommends new COVID-19 foreclosure protections
• Around the State: California set to reopen June 15, all Californians over 16 eligible for vaccination starting tomorrow
• Health Check-Up: Risk of contracting COVID-19 from surfaces is low
In This Issue:
• The Economy & Your Finances: March jobs report shows 916k increase in nonfarm jobs
• The Market & Industry: REALTORS® expect sales to improve in coming weeks
• Around the State: California economy to reopen June 15
• Health Check-Up: CDC declares travel safe for fully vaccinated Americans
3.31: Issue 55
In This Issue:
• The Economy & Your Finances: Unemployment drops to pandemic low
• The Market & Industry: CDC extends eviction moratorium through June 30
• Around the State: All Californians over 16 will be eligible for vaccination in April
• Health Check-Up: Health officials urge caution over
In This Issue:
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The Economy & Your Finances: Federal and state tax deadlines extended
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The Market & Industry: Mortgage rates climb
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Around the State: Vaccines could be available to all by May 1
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Health Check-Up: CDC urges the fully vaccinated to keep wearing masks
In This Issue:
• The Economy & Your Finances: President Biden signs $1.9 trillion stimulus package
• The Market & Industry: California opens state portal for rental assistance
• Around the State: Vaccine eligibility expanded to include high-risk Californians
• Health Check-Up: All U.S. adults could be vaccine eligible by May 1
In This Issue:
• The Economy & Your Finances: Congress nearing passage of $1.9 trillion stimulus package
• The Market & Industry: Buyer demand remains strong
• Around the State: California gearing up to reopen
• Health Check-Up: CDC okays mask-free indoor gatherings for the fully vaccinated
In This Issue:
• The Economy & Your Finances: $1.9 trillion stimulus package passes House, heads to Senate
• The Market & Industry: Interest rates rise, market slows somewhat
• Around the State: Deal reached to reopen schools
• Health Check-Up: FDA authorizes Johnson & Johnson vaccine
In This Issue:
• The Economy & Your Finances: Newsom signs $7.6 billion stimulus package
• The Market & Industry: C.A.R. revises 2021 forecast higher than previously estimated
• Around the State: Study shows California variant more infectious
• Health Check-Up: FDA confirms safety of Johnson & Johnson vaccine
In This Issue:
• The Economy & Your Finances: California outpaces nation on jobless claims
• The Market & Industry: Forbearance and foreclosure relief extended
• Around the State: Millions more added to vaccine eligibility list in California
• Health Check-Up: Double-masking significantly boosts protection
In This Issue:
• The Economy & Your Finances: U.S. economy added fewer jobs than expected in January
• The Market & Industry: California market continues upward trend
• Around the State: Cases, deaths, hospitalizations declining
• Health Check-Up: Johnson & Johnson applies for emergency-use authorization
In This Issue:
• The Economy & Your Finances: U.S. economy shrinks 3.5 percent in 2020
• The Market & Industry: California eviction moratorium extended
• Around the State: Winter surge stabilizing
• Health Check-Up: South Africa variant detected in the U.S.
In This Issue:
• The Economy & Your Finances: Jobless claims fall nationwide, rise in California
• The Market & Industry: Eviction and foreclosure moratoriums extended
• Around the State: California stay-at-home order lifted
• Health Check-Up: Moderna vaccine less effective against South African variant
In This Issue:
• The Economy & Your Finances: President Biden unveils $1.9 trillion relief plan
• The Market & Industry: California market ends year on strong note
• Around the State: California surpasses 3 million cases
• Health Check-Up: Wearing two masks can boost efficacy
In This Issue:
• The Economy & Your Finances: Newsom releases new budget proposal
• The Market & Industry: Low rates likely to remain for a while
• Around the State: California passes 30k deaths, vaccine rollout slower than expected
• Health Check-Up: More infectious strain likely spreading in California
In This Issue:
• The Economy & Your Finances: Initial applications window fro California small business grant program closes Jan. 13
• The Market & Industry: Housing market closed out the year strong
• Around the State: Experts warn of deadly surge to come post-holidays
• Health Check-Up: New mutation discovered in South Africa
In This Issue:
• The Economy & Your Finances: President Trump signs stimulus bill into law
• The Market & Industry: Buyer demand remains strong
• Around the State: California's surge worst in U.S.
• Health Check-Up: New mutated strain detected in Colorado
In This Issue:
• The Economy & Your Finances: Stimulus package deadline approaches
• The Market & Industry: Signs of seasonal slowdown beginning
• Around the State: Hospitals running out of beds, first vaccines administered
• Health Check-Up: California launches CA Notify contact tracing app
In This Issue:
• The Economy & Your Finances: Stimulus package deadline approaches
• The Market & Industry: Signs of seasonal slowdown beginning
• Around the State: Hospitals running out of beds, first vaccines administered
• Health Check-Up: California launches CA Notify contact tracing app
In This Issue:
• The Economy & Your Finances: Job growth slows
• The Market & Industry: Pandemic changed buyer preferences
• Around the State: New regional stay-at-home order announced
• Health Check-Up: U.K. starts vaccinations
In This Issue:
• The Economy & Your Finances: Watch for income verification notices from EDD
• The Market & Industry: Record-low mortgage rates, but REALTORS® less optimistic
• Around the State: Newsom institutes statewide curfew
• Health Check-Up: AstraZeneca-Oxford vaccine up to 90 percent effective
In This Issue:
• The Economy & Your Finances: 750k Californians set to lose unemployment benefits on Dec. 26
• The Market & Industry: Record-low mortgage rates, but REALTORS® less optimistic
• Around the State: Newsom institutes statewide curfew
• Health Check-Up: AstraZeneca-Oxford vaccine up to 90 percent effective
In This Issue:
• The Economy & Your Finances: U.S. faces a tough winter ahead
• The Market & Industry: Lack of inventory dampens affordability
• Around the State: Unprecedented surge drops 41 counties to most restrictive tier
• Health Check-Up: Moderna vaccine 94.5 percent effective
In This Issue:
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The Economy & Your Finances: Unemployment edges down, stimulus package before 2021 still uncertain
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The Market & Industry: Reasons for optimism heading into 2021
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Around the State: Cases and hospitalizations on the rise
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Health Check-Up: Pfizer vaccine shows promising early results
In This Issue:
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The Economy & Your Finances: California accounts for one-fifth of U.S. unemployment claims
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The Market & Industry: Unseasonably strong market persists
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Around the State: California no longer state with most COVID cases
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Health Check-Up: COVID-19 spreads quickly through households
In This Issue:
• The Economy & Your Finances: California unemployment claims fall
• The Market & Industry: Homebuying slows in California
• Around the State: California staving off nationwide surge
• Health Check-Up: FDA approves remdesivir for COVID-19
In This Issue:
• The Economy & Your Finances: Economy unlikely to return to normal before 2022
• The Market & Industry: Calif. market outperforms expectations
• Around the State: New guidance for private gatherings
• Health Check-Up: Nevada man confirmed to have contracted COVID-19 twice
In This Issue:
• The Economy & Your Finances: New PPP loan forgiveness application
• The Market & Industry: Prices remain high while inventory tightens
• Around the State: New guidance for private gatherings
• Health Check-Up: Arrival of vaccine unlikely to bring everything back to normal
In This Issue:
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The Economy & Your Finances: Hiring slowed in September
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The Market & Industry: Supply remains a stumbling block
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Around the State: New equity metric may slow reopening
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Health Check-Up: CDC revises guidelines to acknowledge airborne transmission
In This Issue:
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The Economy & Your Finances: New unemployment claims unexpectedly increase
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The Market & Industry: Mortgage applications increase 25 percent
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Around the State: San Francisco becomes first Bay Area locale to enter orange tier
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Health Check-Up: California cases fall below plateau
In This Issue:
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The Economy & Your Finances: EDD stops accepting new claims through Oct. 5
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The Market & Industry: Median Calif. home price tops $700k
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Around the State: Calif. deaths top 15k, positivity rate decreasing
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Health Check-Up: Federal government outlines plan for vaccine distribution
In This Issue:
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The Economy & Your Finances: No state or federal taxes on PPP loan forgiveness
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The Market & Industry: Record-low mortgage rate and inventory
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Around the State: Wildfires continue to exacerbate COVID crisis
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Health Check-Up: COVID-19 life-threatening to people of all ages
In This issue:
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The Economy & Your Finances: Unemployment ticks up in California, falls nationwide
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The Market & Industry: Market holding strong, mortgage rates unlikely to drop lower
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Around the State: August deadliest month for California
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Health Check-Up: Concerns about virus rollout and safety
In This Issue:
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The Economy & Your Finances: EDD to begin processing additional $300 weekly benefit in early September
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The Market & Industry: Newsom signs eviction protection legislation
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Around the State: Newsom unveils new tier system for reopening
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Health Check-Up: Cases rising among children and teenagers
In This Issue:
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The Economy & Your Finances: Calif. approved for $4.5B federal grant for increased unemployment benefits
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The Market & Industry: No move yet on eviction legislation, housing market still hot
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Around the State: Wildfire crisis complicated by COVID-19
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Health Check-Up: Cloth masks don't protect against wildfire smoke
In This Issue:
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The Economy & Your Finances: New unemployment claims dip
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The Market & Industry: Housing recovery continues, Calif. to end statewide eviction moratorium on Sept. 1
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Around the State: Calif. hits 600k cases, top health official resigns
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Health Check-Up: Regular masks don't protect against wildfire smoke
In This Issue:
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The Economy & Your Finances: President signs executive actions on coronavirus relief
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The Market & Industry: Mortgage applications up, many homes seeing multiple offers
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Around the State: Technical glitches lead to case undercount
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Health Check-Up: More children testing positive
In This Issue:
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The Economy & Your Finances: U.S. economy reports record-breaking decline
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The Market & Industry: Housing sector remains strong
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Around the State: State deaths pass 9k, Central Valley new hotspot
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Health Check-Up: Vaccine could be available by 2021
In This Issue:
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The Economy & Your Finances: Unemployment rises, stimulus package negotiations begin
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The Market & Industry: Wave of upcoming evictions anticipated
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Around the State: California is a "new New York"
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Health Check-Up: Moderna's vaccine study begins final testing phase
In This Issue:
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The Economy & Your Finances: Additional $600 weekly federal unemployment to end this week
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The Market & Industry: Calif. market rebounded in June
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Around the State: 90 percent of Calif. students to start school year online
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Health Check-Up: Results from early vaccine trials encouraging
In This Issue:
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The Economy & Your Finances: Federal taxes due today, $600 extra weekly unemployment to end July 25
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The Market & Industry: Buyer demand on the rise, renters facing significant challenges
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Around the State: Newsom shuts down all bars, indoor restaurants and more
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Health Check-Up: Avoid poorly ventilated indoor spaces
In This Issue:
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The Economy & Your Finances: Paycheck Protection Program extended
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The Market & Industry: Recovery continues, eviction moratoria extended
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Around the State: Cases spike statewide, 23 counties now on watchlist
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Health Check-Up: Young adults represent bulk of new cases, transmission by aerosols raising concerns
In This Issue:
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The Economy & Your Finances: New weekly unemployment claims fall nationwide, rise in California
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The Market & Industry: Buyer demand rebounding
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Around the State: Cases spike across the state
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Health Check-Up: U.S. cases undercounted
In This Issue:
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The Economy & Your Finances: Updates to PPP loan forgiveness
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The Market & Industry: Fewer buyers and sellers withdrawing, fewer borrowers in forbearance
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Around the State: All Californians must wear masks, hospitalizations hit all-time high
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Health Check-Up: More young adults testing positive
In This Issue:
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The Economy & Your Finances: High unemployment projected to last throughout the year
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The Market & Industry: Homebuying sentiment and demand increases
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Around the State: Cases keep rising as California reopens
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Health Check-Up: CDC releases new tips for daily activities
In This Issue:
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The Economy & Your Finances: New modifications to the Paycheck Protection Program
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The Market & Industry: Buyer interest rising, supply remains constrained
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Around the State: Schools, bars and gyms to reopen even as cases rise
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Health Check-Up: WHO recommends all individuals wear masks in shops, confined spaces
In This Issue:
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The Economy & Your Finances: Unemployment, consumer confidence beginning to stabilize
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The Market & Industry: Mortgage applications rebounding, eviction moratoria extended
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Around the State: Reopening accelerates
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Health Check-Up: Pandemic picking up speed across the globe
In This Issue:
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The Economy & Your Finances: Unemployment sees an uptick
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The Market & Industry: Mortgage applications and showings keep rising, but more declines expected
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Around the State: Restrictions eased on retail, restaurants, places of worship (subject to county approval)
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Health Check-Up: Hydroxychloroquine trial halted, anxiety over COVID-19 keeps patients from seeking treatment for other conditions
In This Issue:
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The Economy & Your Finances: Looming budget cuts for California
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The Market & Industry: Housing indicators show signs of life, California considers rent stabilization program
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Around the State: Reopening begins in some counties
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Health Check-Up: Debate over vaccine timeline, California allows testing at pharmacies
In This Issue:
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The Economy & Your Finances: Job losses continue to soar
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The Market & Industry: Listings and closings on the rise
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Around the State: California starts easing restrictions
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Health Check-Up: Where to get tested, new guidelines for offices, mysterious syndrome impacting children
In This Issue:
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The Economy & Your Finances: PUA application rollout mired by glitchy system
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The Market & Industry: California market starting to show signs of life
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Around the State: Tensions mount over when to reopen
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Health Check-Up: New drug shows promise, debate on vaccine timeline continues
In This Issue:
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The Economy & Your Finances: Applications open for Pandemic Unemployment Assistance (PUA)
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The Market & Industry: COVID-19 suppresses spring home buying season
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Around the State: More testing needed before California reopens
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Health Check-Up: Coronavirus circulated in U.S. earlier than expected, FDA cautions against hydroxychloroquine or chloroquine as treatments
In This Issue:
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The Economy & Your Finances: Loan programs for small businesses run out of funds
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The Market & Industry: Slowing market, millions of loans in forbearance nationwide
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Around the State: Planning for the reopening of California
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Health Check-up: Virus may be more widespread than initially thought, many of those infected show no symptoms
In This Issue:
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The Economy & Your Finances: Relief is coming — slowly
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The Market & Industry: Even with delays, market is still moving
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Around the State: Stay-at-home unlikely to end soon
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Health Check-Up: Antibody testing, racial disparities and guide for running errands
In This Issue:
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The Economy & Your Finances: Aid is on the way
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The Market & Industry: Not business as usual
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Around the State: Face masks now recommended, in some places required
-
Health Check-up: Resources for older adults and coping with stress
In This Issue:
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The Market & Industry: Real estate now an essential service — with caveats
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The Economy & Your Finances: CARES Act provides REALTORS® with relief
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Around the State: Stay-at-home order likely to continue through April
-
Health Check-Up: Enroll in health coverage without a qualifying event
In This Issue:
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Around the State: REALTORS® should conduct as much business as possible virtually
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The Market: C.A.R. currently forecasts home sales to decline in high single digits in 2020
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The Economy & Your Finances: Aid is on the way
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Health Check-Up: Covered California extends special enrollment period
In This Issue:
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The Market: California housing market in flux
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Around the State: Community transmission on the rise
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Containment Efforts: Persons 65+ to self-isolate, schools and businesses close
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Health Check-Up: New travel guidelines and when to seek emergency medical attention