SAR’s News You Can Use

Tune in here to read all about what’s going on with SAR. Whether it’s a press release on charitable giving or a voter guide for SAR Members, this is your one stop shop to get caught up on your Association.

  • August 2023 Housing Statistics
    Median sales price flat year-over-year, inventory down 46% from 2022 Sales Volume Sales Price Listing Inventory Days on Market Summary Sales volume increases slightly, but median sales price decreases. Limited inventory, down 46% YOY. Average price/SqFt drops from $344 to $343.
  • A Victory for Private Property Rights
    The Sacramento Association of REALTORS® secured another victory for private property rights at the County Board of Supervisors Tuesday. We defeated the Tenant Anti-Harassment Ordinance proposal that would have duplicated renter protections under state law while exposing housing providers to excessive fines, legal ambiguities, and unfair penalties. We thank our SAR members who showed up … Read more
  • Protect Prop 13 & Voter Rights
    The real target of ACA 13 is the tax protection provided to homeowners under Prop. 13 that makes homeownership more affordable. We simply can’t allow Prop. 13 to be dismantled and the rights of voters to trampled.
  • Let’s Show Our Local REALTOR® Champions Some SAR Support!
    With private property rights persistently threatened by the current Sacramento City Council, it is critical that we support REALTOR® Champion candidates in races that can help turn the tide of the Council. City of Sacramento District 6 – Council Member Eric Guerra Council Member Eric Guerra of District 6, who has long been a strong … Read more
  • Episode 35: Matt Hom
    In this episode of the House Keys, Cam Villa interviews special guest Matt Hom, a college student, about his journey into the world of real estate, initially as a way to build his resume, and how he gradually discovered his passion for the industry. Tune in for insights on being a REALTOR® while also being … Read more
  • July 2023 Housing Statistics
    Increase in median sales for July, inventory remains tight. Sales Volume Sales Price Listing Inventory Days on Market Summary Sales volume decreases, but median sales price increases. Inventory remains tight. Average price/square foot drips from $348 to $344.
  • Influence the SAR Strategy
    The SAR Strategic Plan is waiting for your influence! Your voice is our compass! 🧭 As we prepare to navigate the dynamic landscape of the future, every perspective, every idea, and every insight is invaluable. Our association thrives when its members are heard, and this quick survey is your chance to help shape our collective … Read more
  • Bylaws Update Official Notice
    At the General Membership Meeting to be held on October 3, 2023 at 9:05 am, or as soon thereafter as it may be heard, the membership will be asked to approve proposed changes to Sections 1 and 3 of Article V of the Bylaws of the Sacramento Association of REALTORS® (SAR.)
  • Keep the Pressure on to Oppose Extreme Housing
    City of Sacramento Law & Legislation Committee Update: The committee heard your voices, and it made an impact. But now we must keep the pressure on. For both Items #5 & #7, the committee moved to a stakeholder process instead of a vote to move these ideas forward. There was a consensus that more information … Read more
  • Episode 34: Pat Shea – Lyon Real Estate
    Cam Villa and his guest Pat Shea, President and CEO of Lyon Real Estate, discuss his experiences in the real estate industry.
  • C.A.R. Preserves “The California Dream for All” Funding in Recent Budget Deal
    The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers to be used in conjunction with the Dream For All Conventional first mortgage for down payment and/or closing costs. Guidelines are available for both Borrower and Property Requirements to determine if eligibiliy to apply for the Dream For All … Read more
  • June 2023 Housing Statistics
    June posts decline in sales, slight drop in median sales price Sale Volume Sales Price Listing Inventory Days on Market Summary Sales volume stalls, but listings still spending less time on market. Sales price also stalls, sees slight decrease for the month. 42% of homes sold were in the $400k – $549k range (406 units). … Read more
  • May 2023 Housing Statistics
    Sales volume increases, median sales price up 4.1% from April Sales Volume May closed with 1,084 sales – a 27.5% increase over April (850 sales) 19.4% less sales than May 2022 (1,345 sales) Conventional Financing accounts for 66% of sales this month, Cash and FHA at 13.6% and 14%, respectively Sales Price Median sales price … Read more
  • SAR Receives National Recognition for First-Time Homebuyer Expo
    In support of Fair Housing Month, the SAR Diversity, Equity, Inclusion and Fair Housing Committee held the “Find Your Path Towards Homeownership” Expo on April 8th. With over 200 in attendance, this community-focused event was assisted by a Housing Opportunity Grant made available by the REALTOR® Party. The event was so successful, the REALTOR® Party … Read more
  • April 2023 Housing Statistics
    April 2023 Statistics – Sacramento Housing Market – Single Family Homes                                          Homes selling faster, median sales price rises 3% Sales volume April closed with 850 sales – 6.2% decrease over March (906 sales) 2% LESS sales than April 2022 (1,464 sales) Conventional Financing accounts for 65% of sales this month, Cash and FHA both at … Read more
  • March 2023 Housing Statistics
    March sees spring surge, sales volume up 30% from February Sales volume March closed with 906 sales – 29.6% increase over February (699 sales) 7% LESS sales than March 2022 (1,366 sales) Conventional Financing remains most popular, accounting for 66% of sales this month Sales Price Median sales price increased slightly from $499,000 to $500,500 … Read more
  • Free Homebuyer Expo Offers Homebuying Advice, Family Fun
    Sacramento, CA (April 2023) –  The Sacramento Association of REALTORS® is proud to host “Find Your Path to Homeownership,” a community-focused First-time Homebuyer Expo. This event will take place Saturday, April 8th from 10am – 2pm at the Mack Powell Event Center (2003 Howe Avenue, 95825). The Expo will focus on how prospective homebuyers can … Read more
  • February 2023 Statistics
    Market picks up in February: sales climb, price steady February closed with 699 sales, a 22.2% increase from January (572). Compared to one year ago (1,082), the current figure is still down 35.4%. Of the 699 sales this month, 105 (15%) used cash financing, 432 (61.8%) used conventional, 98 (14%) used FHA, 49 (7%) used … Read more
  • January 2023 Statistics
    Sales volume dips for year’s start, sales price sees increase January closed with 572 sales, a 28.9% decrease from December (804). Compared to one year ago (1,030), the current figure is down 44.5%. Of the 572 sales this month, 92 (16.1%) used cash financing, 329 (57.5%) used conventional, 95 (16.6%) used FHA, 33 (5.8%) used … Read more
  • New Member Orientation Message
  • Local REALTOR® Installed as 106th Association President
    Sacramento, CA (January 2023) –  Local REALTOR® Cherie Hunt was sworn in as the 106th President of the Sacramento Association of REALTORS®. A 30+ year veteran of the industry, Cherie has been a Member of the Association for over 16 years. Over 200 friends, family, colleagues, and elected officials attended the lunchtime event at the … Read more
  • Local Candidate General Election Guide
    Provided by SAR’s Local Candidate Recommendation Committee Local elections can be won or lost by just a few votes! Imagine the impact if every SAR Member came together to use their vote as their voice in local government. Your Vote Matters The Nov. 8th election will decide several critical local seats that will impact private … Read more
  • SAR Leaders Selected for National Committee Roles
    A number of your fellow SAR Leaders have been appointed to serve on various Committees at a National Level for 2023. By serving on a committee of the National Association of REALTORS®, these exceptional leaders not only push SAR further into the national spotlight, but they also solidify SAR as powerful association with strong ties … Read more
  • Boost Your Business with RPR
    Get the most from your Membership with RPR®. Don’t miss free webinars and classes with a variety of dates offered. You have a powerful tool at your fingertips, get the most out of it. Realtors Property Resource® delivers on-the-go access to an all-encompassing real estate platform, available exclusively to REALTORS®, and offered at no additional … Read more
  • 2022 Scholarship Awards
    On June 7, SAR awarded over $46,000 in Scholarship to Local Students. For those of you familiar with the SAR Main Meeting schedule – you know that June means something special: the SAR Scholarship Awards Presentation. Every year, the SAR Scholarship Trust is proud to present these awards to so many local students. Competition is … Read more
  • Local Candidate June 7th Primary Election Guide
    Provided by SAR’s Local Candidate Recommendation Committee Imagine the impact if every SAR Member came together to use their vote as their voice in local government. Local elections can be won or lost by just a few votes!
  • 2020 Election Information
    Where to Vote/Drop Ballot Sacramento County | Yolo County Same Day Voter Registration Track Your Ballot California Propositions
  • Support CanTree 2020
    Make a Pledge by Wednesday November 11th to be recognized during the December 1st Main Meeting! For more than 30 years, the Christmas CanTree effort has commemorated the holiday season by bringing our REALTOR® and Greater Sacramento communities together in the spirit of service. While this year doesn’t look like most years, we are counting … Read more
  • In Honor of Steve Larson
    Steve became a valuable member of SAR in 2007 and will be greatly missed by members and staff alike. He served on the CanTree, Scholarship Fundraising, and Volunteer Coordinating committees. Recently, he was a huge contributor to both the Scholarship and CanTree fundraising efforts. Aside from his generous charitable involvement, he was a proud Sac … Read more
  • 2020 Housing Fair
    Thanks for your interest in the Fourth Annual [Virtual] Housing Fair! This year’s setting is a little different but still has the same vital information to help you Clear a Path to Homeownership. Scroll down to choose between two structured tracks with sessions to best suit your current situation. Each session is lead by a … Read more
  • Prospector+ Troubleshooting
    If you are experiencing trouble logging into Prospector+, here are three things you can try to resolve the issue: Open a new browser and enter the following url: Clear your cache and/or history. View instructions here Update any bookmarks or shortcuts to the Prospector+ system. The url should be:
  • George Floyd Statement
    We stand in solidarity with those peacefully protesting police brutality and hope positive changes are made as a result. The Sacramento Association of REALTORS® strongly condemns the criminal activity witnessed in the homicidal killing of George Floyd in Minneapolis, MN. We reject racism and the actions of anyone that disrespects or devalues the life of … Read more
  • City of Sacramento Eviction Moratorium
    On March 17, 2020, the Sacramento City Council adopted an emergency ordinance to establish a temporary moratorium on evicting tenants unable to pay rent due to a loss of income caused by the Coronavirus Disease 2019 (COVID-19). This moratorium will end once the Governor’s Executive Order N-28-20 issued on March 16, 2020 terminates on May … Read more
  • Valuable Resources During this Time
    We understand that during these uncertain times it is important to stay informed, but with so much information that changes daily it is difficult to sort through everything. Therefore, our staff has been working diligently to stay on top of all the useful and relevant resources for our members to access through one page on … Read more
  • Fannie and Freddie: What You Need to Know
    On March 23rd in an effort to provide market liquidity during the coronavirus emergency, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to provide alternative flexibilities to satisfy appraisal requirements and employment verification requirements through May 17, 2020. Fannie and Freddie will use alternatives to reduce the need for appraisers to … Read more
  • Impact of Families First Coronavirus Response Act on SAR Members
    These are unprecedented times. With that has come uncertainty and concern, but SAR is here to help our members in any way possible. So are our statewide and nationwide organizations. Recently the United States passed H.R. 6201 “Families First Coronavirus Response Act” to provide relief for the nation during this crisis. Below you will find … Read more
  • IRS Extends Tax Deadlines
    The IRS issued guidance Thursday, April 9th, to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of … Read more
  • Sacramento County COVID-19 Update Guidelines
    Update: SAR Staff is pleased to announce that Sacramento County has updated their Public Health Order, and included our recommendation that occupied residences are now able to be shown. The order becomes effective at 11:59 p.m., May 1, and will be in effect until 11:59 p.m., May 22, 2020, or until it is extended, rescinded, … Read more
  • COVID-19 Update from SAR CEO Dave Tanner
    In the world of COVID-19 it seems like everything is constantly changing. Initially the federal government published a list of essential services during this time of restricted activity. It did not include real estate as an essential service. In the State of California, when Governor Gavin Newsom issued the stay at home order he referenced … Read more
  • A Legislative Review: What Happened This Year (2019)
    As 2019 comes to a close, we want to make sure we update you on the legislation that becomes law on January 1, 2020. It has been a busy year for our Government Affairs Team, but we know that these pieces of legislation have important impacts on your business. Please stay tuned for our Political … Read more
  • Measure U: City of Sacramento Budget Update
    The Sacramento City Council voted and passed a budget proposal for Measure U funds earlier this month. Unlike a typical city budget vote, this one received a great deal of attention and controversy due to the exclusion of two districts when determining which local projects an initial $16 million from Measure U would fund. These … Read more
  • An Update on REALTOR® Demographics
    The National Association of REALTORS® evaluated their membership demographics and compared certain aspects from 2017 to 2018 and found some interesting changes. In that one year, there was a 4% increase in the number of female REALTORS® and a 5% increase in net income for REALTORS® overall. REALTORS® continue to see an overall growth in … Read more
  • Gavin Newsom Housing Plan Support
    We are in the midst of an immense housing shortage in California, and our new Governor is on a mission to begin repairing it. Governor Gavin Newsom’s housing plan is part of his $1.75 billion 2019 housing crisis package. He spoke throughout his campaign about building 3.5 million new housing units in California by 2025. … Read more
  • PACE Loans: Consumers Beware
    PACE loans, or Property Assessed Clean Energy loans, are a way to borrow money for clean energy projects. California has many providers of PACE programs. A consumer may see them in the marketplace as HERO, (Home Energy Renovation Opportunity), YGrene, or CaliforniaFIRST. These loans get people’s attention because they finance green energy projects with no … Read more
  • Legislation Update: What You Should Know
    Read the current status of the most important legislation to the real estate industry. Most of the following are bills in the California State Legislature, and two in Congress. We are closely following these bills as they all have potential to influence you as our members.
  • The True Cost of Electrification
    California has continuously adopted aggressive and far-reaching goals for greenhouse gas emissions reductions. Specifically, these goals aim to reach an 80 percent reduction below 1990 greenhouse gas emissions levels by 2050. Local jurisdictions in the Sacramento Region toyed with the idea of mandating electric appliances to lead the state in greenhouse gas emissions policy. Electrification … Read more
  • New Vision for Fannie Mae and Freddie Mac
    On February 7th, the NAR held their first annual Policy Forum at the Grand Hyatt in Washington, DC. This forum included dozens of industry stakeholders and hundreds of invested attendees who want to be a part of the reform that Congress and the Federal Housing Finance Agency (FHFA) are proposing for government sponsored enterprises. Two … Read more
  • Electrification of Housing
    At C.A.R. last month, many potential and existing issues were discussed and what it means to the REALTOR® community. REALTORS® are preparing for possible policy regarding requiring electrification of housing. Since 2006, California has adopted aggressive and far-reaching goals regarding greenhouse gas emissions and how to drastically reduce them. The goal for entire electrification of … Read more
  • Rent Control: The Battle Is Not Over
    Despite Prop 10 failing this November, leaving the Costa-Hawkins Rental Housing Act to stay, the fight to prevent rent control in Sacramento remains. Rent control continues to be an active topic of discussion and possible policy to be voted on in 2020, as the Service Employees International Union (SEIU) has drafted an initiative establishing rent … Read more
  • New IRS Regulations to Help Real Estate Professionals
    The Internal Revenue Service, along with the National Treasury, ruled in mid-January that they would allow real estate professionals to benefit from the Section 199A 20 percent pass-through deduction. It had been unclear to real estate professionals what the 2017 Tax Cuts and Jobs Act would do for them come tax season, but after the … Read more
  • FEMA Ruling Reversal: A Win for NAR and for Home Sales
    An exciting win for home sales as Federal Emergency Management Agency (FEMA) had reversed their original ruling a few days later to discontinue the National Flood Insurance Program (NFIP) as the government continued to be shut down. Last month FEMA made a surprise ruling which disallowed new and renewal flood insurance policies during the government … Read more
  • Climate Commission and Potential Real Estate Implications
    The Mayor of Sacramento, Darrell Steinberg, and Mayor of West Sacramento, Christopher Cabaldon, have teamed up and formed the Mayor’s Commission on Climate Change. This commission was created to develop common goals and strategies for both cities to reduce greenhouse gas emissions and to make suggestions as to what they would like to see in … Read more
  • SAR Gives $50,000 to Shelter Homeless Individuals
    The Sacramento Association of REALTORS® are contributing $50,000 to a joint effort with Sacramento County and the City of Sacramento to shelter homeless individuals. SAR President Franco Garcia said the following: “As the largest housing advocacy group in the region, the Sacramento Association of Realtors is proud to have been asked to partner with the … Read more
  • SAR Installs 100th President
    The Sacramento Association of REALTORS® is proud to install its 100th president at the 2017 SAR Officer & Director Installation & Awards Dinner on Friday, January 13th at the Hyatt Regency Ballroom. In addition to being the 100th person to serve as president, Incoming President Franco Garcia will also be the first Hispanic President to … Read more
  • SAR Response to Kidnapping of Individual Showing Home in Elk Grove
    The Sacramento Association of REALTORS® Members and staff are thinking about, and concerned for, the victim who was attacked while showing property in Elk Grove. We are unaware as to whether or not she was an SAR member. None the less, no one ever deserves to be threatened or harmed. The Association is happy the … Read more
  • REALTORS® Give Back to Sacramento Region
    The Sacramento Association of REALTORS® Charitable Foundation and Scholarship Foundation Trust donated over $300,000 to local charities and causes in 2013 and 2014. In 2014 the Sacramento Association of REALTORS® gave over $164,000 to numerous different causes. Including $90,000 from the SAR Charitable Foundation to the SAR Christmas Can Tree benefiting the Salvation Army. The … Read more
  • REALTORS® Raise $90,000 for Sacramento Needy Families
    The Sacramento Association of REALTORS® Charitable Foundation presented a check to the Salvation Army for $90,000 at a ceremony Tuesday finishing out their yearly Christmas CanTree fundraiser. Citrus Heights Mayor Mel Turner and Citrus Heights City Councilwoman and SAR Member Sue Frost light the ceremonial CanTree at the check presentation Tuesday. The Christmas CanTree is … Read more
  • Sacramento is Among the Best Markets for Non-Cash Buyers
    Sacramento is among the best markets for non-cash buyers, once again defeating the popular mantra that cash is king in real estate. MSN Money and Zillow compiled numbers on the ten bestmarkets for non-cash buyers out of the thirty largest metropolitan areas. While Sacramento is not big enough to be included in their data, the … Read more
  • REALTORS® Invest Thousands of Dollars in Sacramento Youth
    The Sacramento Association of REALTORS® gave $41,500 to forty-one deserving college bound high school seniors today. Scholarships are merit based and ranged from $2,500 to $500. Theforty-one students who earned scholarships have an average GPA of 4.25 on a 4.0 scale. The Sacramento Association of REALTORS® annual scholarship drive has given $433,800 to 351 Sacramento … Read more
  • Cash is Not King
    Cash is Not King in Sacramento County – Conventional Financing Dominating the Market Tight inventory and high demand continues to shift financing toward conventional mortgages. Cash sales started declining in May 2013 as conventional financing rebounded. According to data compiled by the Sacramento Association of REALTORS® from MetroList, sales by cash financing led the market … Read more
  • April is Fair Housing Month
    REALTORS® Reaffirm Pledge to Uphold Fair Housing LawsAs outspoken supporters for fair housing issues and homeownership, the Sacramento Association of REALTORS® will join the nation as it honors Fair Housing Month this April. For over 100 years REALTORS® have promoted and protected the dream of property ownership for millions of Americans and strongly support the … Read more
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