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Fannie Mae Announces National REO Rental Policy

Renters in Fannie Mae-Owned Foreclosed Properties Eligible to Stay in Their Homes WASHINGTON, DC — Fannie Mae (FNM/NYSE) today announced the establishment of a new National Real Estate Owned (REO)...

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Fannie Mae Extends Foreclosure Sale & Eviction Suspension At Least Through...

Fannie Mae Extends Foreclosure Sale and Eviction Suspension   WASHINGTON, DC — Fannie Mae (FNM/NYSE) today announced that it would extend the suspension of foreclosure sales and evictions from...

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Legal Q & A: Abandoned Personal Property

As our market continues to be dominated by REO properties, and will likely be for some time to come, frequent questions arise as to the appropriate way to dispose of Personal Property found on an...

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Legal Q & A: New Rules & Regs for 2009

During the last legislative cycle, a number of bills were passed that have some direct or indirect impact on real estate and the way we conduct our business. There are new disclosure requirements,...

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Q & A: IRS Trying to Expedite Help to Homeowners

Got a homeowner who would like to sell or refi but they have a little issue with the IRS in the form of a tax lien? Well there might be some good news in this latest announcement from the IRS. Not only...

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10% Participation Won’t Cut It In 2009!

You’ve all heard my rants before about how the real estate association, YOUR association, is only powerful for one reason – YOU. We are powerful as a grassroots organization and we have a great process...

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Help Flush State Septic Regulations

Time is running out for input on proposed statewide septic regulations. CAR has been represented at every regional meeting that has been held throughout the state but the deadline is approaching for...

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Take Action for California Infrastructure

You may be aware that the Southwest Riverside County Association of Realtors was one of the founding sponsors of a group called the Southwest California Legislative Council. This group is a coalition...

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Record Local Home Sales in 2008 – More Boomtown News

Following last month’s article on local homes sales, I was asked by several readers if the data was available in chart format. As indicated, 4 of our 5 regional cities posted record home sales in 2008...

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Prop 8 Tax Relief Expanded back to 2001!

I spoke with Riverside County Assessor/Clerk/Recorder Chief Larry Ward yesterday about Prop 8 property tax reductions this year. He wanted everyone to know 2 things and communicate it to their clients....

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Small Business Call-to-Action.

You may be aware that the Southwest Riverside County Association of Realtors has been a supporting Partner of the Southwest California Legislative Council since its inception. The SCLC, a coalition of...

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Open Rancho Springs Hospital Now

Open Rancho Springs Greetings, Please take 1 minute and click on the attached Action Alert. Our community is under-served by medical facilities yet there is a gorgeous state-of-the-art facility sitting...

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How Much Is The New State Budget Taking From YOUR City?

Nice article in the on-line Sacramento Bee. Plug in your county and city and/or agency and see how much the recently passed state budget will be costing them. Of course it’s not a tax – they are just...

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These Women Mean Business

In case you’ve been in a post-holiday siesta or simply water-logged, you’re already aware that four of our six cities in Southwest California have women Mayors this year, joining six other cities...

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Southwest California Legislative Council Announces Position on Bills

The Southwest California Legislative Council, with whom SRCAR is an advocacy partner, today adopted the following positions on current/pending legislation: Support – ACA 30 (Jeffries) To abolish the...

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Southwest California March Housing Update

Here’s the March housing update for Southwest California. In addition to unit sales and median price for the past 2 years, I’ve also compared our Q1 sales for 2009 with this year to see where the...

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City Manager panel welcomes Realtors to our new home.

Yesterday our Association held our inaugural event in our brand new home. We closed escrow back in March and have been doing the TI’s  since then  and completed our move just last week. There’s still a...

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2010 Recap Realtor Report

If you click on that little red Realtor Report just above the chart, you’ll get to a slightly larger version of the report which will be easier for your old eyes to read. You’re welcome. 1 realtor...

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Your February Housing Report

Housing stats for Southwest California for January 2011. Sales volume, median price, foreclosures, trends & commentary. 2 realtor report View more documents from Southwest Riverside County...

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SRCAR Encourages your Support of AB 1098.

On Friday, August 30, the legislature passed AB 1098, a bill that would reinstate VLF funds to the four newest cities in California, including Menifee and Wildomar. We encourage you to download the...

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