California REALTORS® applaud advancement of state housing bills package

LOS ANGELES, Sept. 15, 2017 /PRNewswire-USNewswire/ -- The CALIFORNIA ASSOCIATION OF REALTORS^® (C.A.R.) today issued the following statement in response to the passage of a package of housing bills that will help address the state's housing affordability crisis:

"REALTORS® throughout the state applaud the California Legislature for taking action to address the state's historic housing supply crisis. These are complex issues that required significant negotiation and ultimately, compromise on all sides," said C.A.R. President Geoff McIntosh.

"The result is a package of bills that, with Gov. Brown's signature, will be a great foundation for continued action at the state and local levels to meet California's housing needs. We must always recognize that until people have the ability and opportunity to buy or rent a home in California, our work is not done. Homeownership is the vehicle for individual prosperity that can help the state fulfill its economic potential."

"The California Association of REALTORS®, representing more than 190,000 brokers and agents across the Golden State, looks forward to continued collaboration with the governor and Legislature."

Leading the way…® in California real estate for more than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with more than 190,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

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SOURCE CALIFORNIA ASSOCIATION OF REALTORS