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 »
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
New Vision for Fannie Mae and Freddie Mac Read More »
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
Electrification of Housing Read More »
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
Rent Control: The Battle Is Not Over Read More »
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
New IRS Regulations to Help Real Estate Professionals Read More »
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
FEMA Ruling Reversal: A Win for NAR and for Home Sales Read More »
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
Climate Commission and Potential Real Estate Implications Read More »
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
SAR Gives $50,000 to Shelter Homeless Individuals Read More »
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
SAR Installs 100th President Read More »
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