Published: May 17, 2024
Aculist: C.A.R. Purchasing Power Calculator Helps Buyers
When your clients ask you about affordability, or if your sellers want to know what buyers will have to pay for their home, you can use the Purchasing Power Calculator from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), to answer questions about affordability. This tool, offered by the California Association of Realtors, is regularly updated by the third week of each month with data from the previous month. This clip is of Jordan Levine, Senior Vice President and Chief Economist of C.A.R., demonstrating how to use this tool during our latest episode of Statistically Speaking.