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State Budget Victory!

Governor Schwarzenegger signed a package of 27 bills today (July 28, 2009) instituting a new California State Budget.  C.A.R. scored a big victory for REALTORS® across the state; the signed version did not include an additional withholding for independent contractors.

During budget negotiations, a proposal surfaced that would require 3% withholding from independent contractors.  If this [...]

HVCC Webinar

California Association of REALTORS® Federal Governmental Affairs Manager Matt Roberts hosted an excellent webinar on the Home Valuation Code of Conduct (HVCC).  NAR, C.A.R., and SAR are listening to members, and know that HVCC caused problems in the industry.

HVCC was implemented in March 2008, after the New York Attorney General studied inflated home prices, including [...]

SAR's Monthly Statistics - New Features, Available Reports

June 2009 Statistical SummaryJune 2009 Zipcode Report Each month, SAR publishes a number of reports that reflect real estate trends in the county. You can find information on number of home sales and median price, which includes both listing and sales prices. New to June is the percetage of short sales, investor sales and REO sales [...]

NAR Update: Fannie, Freddie Act on Appraisal Concerns

To: All REALTORS®
From: Charles McMillan, 2009 NAR President
Re: UPDATE: FHFA and GSEs Act on HVCC Concerns

Dear Fellow REALTOR®,

I am writing to you with an important update on NAR’s efforts to address ongoing problems with recent changes to appraisal rules.

As a direct result of my recent meetings with the New York Attorney General’s office, the Federal [...]

SAR Has a New Strategic Plan

Carefully considered plans are taking shape for SAR in 2010 and beyond.

SAR volunteers gave two days to the Association for a Strategic Planning retreat in late June facilitated by Gar Anderson, NAR’s Vice President for Leadership Development.

Prior to the retreat, the SAR Staff took a day to review the existing plan, noting that all of [...]

SAR Election - Start Voting Today!

And the race is on! The 2010 SAR Officer and Directors Election opened this morning at 8:00am. By now you should have received your election email which includes your Login and PIN number as well as a link to the voting website. Paper ballots are available upon request.

This year SAR has filmed short campaign videos. [...]

SAR Election Get Ready to Vote!

Beginning next week, SAR Members will have the opportunity to cast their vote for the 2010 SAR Officers and Directors. On Monday morning, July 20th, you will receive an email from us with your login and PIN number along with a link the SAR Election web site. But just to let you know, [...]

Sales Volume Constant, Median Sales Price Unmoving, Affordability Climbs

Sacramento activity has remained relatively consistent for the past few months, showing slight increases in sales volume. After a significant increase from April to May (7.7%), the median sales price made no movement for the current month. Distressed properties still account for a large number of transactions and make up a majority of the listing [...]

NAR is Reaching Consumers in New Ways

To: All REALTORS®
From: Charles McMillan, 2009 NAR President
Re: Reaching Consumers in New Ways

Dear Fellow REALTOR®,

I am writing today with two exciting updates on NAR’s efforts to reach out to more consumers and bring them back into the market.

First, NAR’s real estate show, Real Estate Today, has been steadily increasing its local affiliates across the country. [...]

DRE License Number Requirement Clarifications

Yesterday, the California Association of REALTORS® reported the California Department of Real Estate (DRE) clarified the law that required DRE license numbers on business cards and all other solicitation materials intended to be the first point of contact with consumers.

Under the new Section 2773 regulation adopted by the DRE, the solicitation materials that must contain [...]