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 […]
Impact of Families First Coronavirus Response Act on SAR Members Read More »
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
IRS Extends Tax Deadlines Read More »
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becomes effective at 11:59 p.m., May 1, and will be in effect until 11:59 p.m., May 22, 2020, or until it is extended, rescinded,
Sacramento County COVID-19 Update Guidelines Read More »
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
COVID-19 Update from SAR CEO Dave Tanner Read More »
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
A Legislative Review: What Happened This Year (2019) Read More »
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
Measure U: City of Sacramento Budget Update Read More »
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
An Update on REALTOR® Demographics Read More »
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
The True Cost of Electrification Read More »
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.
Gavin Newsom Housing Plan Support Read More »
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
PACE Loans: Consumers Beware Read More »
