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Nearly one-third of all existing homes sold recently were either short sales or foreclosures, according to National Association of REALTORS® data. To help practitioners meet the needs of home buyers and sellers who need these services, NAR has launched a new Short Sales and Foreclosure Certification Program (SFR). “Foreclosures and short sales can offer opportunities for [...] Industry Update had the pleasure of hearing from Carl Simpson, Director of Code Enforcement in Sacramento County on Friday, August 28th. Carl spoke about the County’s perspective on vacant property, as well as a new strategy between SAR and Sacramento County for dealing with foreclosed properties. Carl and other officials in the County intuitively understand the [...] Here’s a look at the meetings going on at the Sacramento Association of REALTORS® for the week starting August 31, 2009: Monday, August 31 Tuesday, September 1 Here’s a look at the meetings going on at the Sacramento Association of REALTORS® for the week of August 24, 2009: Monday, August 24 Tuesday, August 25 Carolyn Ballou from the Department of Consumer Affairs spoke to Public Issues Forum this morning about the “Inquire Before You Hire” program. REALTORS® make many referrals to clients, for all sorts of services. And it is important for a REALTOR® to verify the individual they are sending their client to have the appropriate license. Individuals [...] Last month, PEMCO offered a free seminar on selling HUD homes in Sacramento. A HUD home is a one-to-four unit residence acquired as a result of a foreclosure on an FHA-insured mortgage. In California, PEMCO is the marketing and management contractor who sells HUD homes. After HUD acquires the property, the property is appraised, title issues [...] SAVING YOU TIME With our new My C.A.R. mobile application, the information you need is at your fingertips. The My C.A.R. mobile application is the first iPhone application for use by a REALTOR® association. Designed for the iPhone/iPod touch, with a companion version available for Blackberry® and other Web-enabled mobile devices, the My C.A.R. mobile application [...] Here’s a look at the meetings going on at the Sacramento Association of REALTORS® for the week of August 17, 2009: Monday, August 17 Tuesday, August 18 The flagship loans of the U.S. Small Business Administration–as well as a new loan created as part of the federal government’s big economic recovery initiative–are available to individual practitioners, SBA has clarified. The NATIONAL ASSOCIATION OF REALTORS® sought clarification from SBA after hearing that lenders in some jurisdictions were making the loans to practitioners while others [...] For the third straight month, Sacramento County records a Single-Family home median sales price of $180,000. After a jump from April to May (7.7%) the figure has remained unchanged. Unlike past years, the current summer season has not shown much of a surge in summer sales. There were 1,848 single family home sales in July, [...] |
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Monday, August 31st, 2009
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