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Elk Grove Christmas CanTree Video

Leon Williams

I hope your Christmas was wonderful. I am sharing a link for a video of the SAR 2010 Elk Grove CanTree Build. Also, if you want to participate in next years CanTree Build or are interested in being on the CanTree Committee click on the “Subscribe” tab and your name and number will be forwarded [...]

2010 In Review

2010 Installation The Sacramento Association of REALTORS® 2010 Board of Directors was officially introduced and sworn in at a gathering of over 200 SAR Members and special guests in a colorful and festive “All Aboard” train-themed setting. Barbara Harsch addressed the theme of her tenure as “All Aboard” referring to the train that is [...]

Fannie Mae Announces Energy Improvement Loan Feature

On December 1, 2010, Fannie Mae announced an update to its selling guide that provides a new option to fund energy-efficient home upgrades while maintaining Fannie Mae’s principles of borrower sustainability. All Fannie Mae loan products are permitted to include the energy improvement feature excluding certain refinance loans. Eligible borrowers will be allowed to use [...]

2010 CanTree Build Videos

2010 CanTree Logo

Thank you to all our Members for all your hard work and volunteering your time to help with the 28th Annual SAR Christmas CanTree build. For those of you that are unfamiliar with the amount of work and effort it takes to build the CanTrees, the CanTree stands 16 feet tall, weighs approximately 7,500 pounds, [...]

2010 Federal Legislative Accomplishments

Throughout 2010, NAR made significant progress educating Congress and the Obama Administration that a stable and sustainable housing market is the primary building block for any economic recovery. NAR had a series of successes in the regulatory and legislative fields, some of which are highlighted below.

As we look ahead to 2011, NAR will continue [...]

YPC Masquerade Ball

Michelle Kloss and Carl Olson

There was a buzz in the air as people arrived in their evening wear in November to help raise money for a wonderful cause – the Christmas CanTree, a fundraiser for the Salvation Army. Some came dressed in tuxedos – a few even brought out their capes (for that Phantom of the Opera look) – [...]

December Message from C.A.R. President Beth L. Peerce

Beth L Peerce

Dear C.A.R. Member,

It’s hard to believe this year is soon coming to a close. We’ve accomplished a lot over the past year, but we still have much to do in 2011.

For instance, we know we will have to defend changes to the mortgage interest deduction (MID). In late November, President Obama’s Deficit Reduction [...]

New C.A.R. Forms Released The Week Of 11/22/10

Dave Tanner

The only forms required to be used in place of the old version of the forms are the new TDS and MHTDS forms which must be used for all transactions closing after January 1, 2011. The reason this form [...]

November Closes with Decreased Sales, Increased Cash Buyers

A seasonally accurate trend shows decreased market activity, with sales volume dropping 2.9% from 1,341 units to 1,302 units. Making up these sales were 551 REOs (42.3%), 294 short sales (22.6%) and 457 conventional sales (35.1%). These numbers have changes slightly month to month with REOs up 5.7% and short sales and conventional sales both [...]

Real Estate Finance Forum – The Year in Review

Scott Short

All I can say is WOW! This year has not been boring. Game changing events happened almost every month.

We started out the year with total confusion in the mortgage industry due to the new Good Faith Estimate (aka: GFE 2010). It took most mortgage professionals at least a month or two to understand the [...]