Siskiyou Association of REALTORS®

Serving Real Estate Professionals Since 1967

SAR Office

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NAR BREAKING NEWS

NAR is working to be at the forefront of discussions as Congress and the White House seek agreement on a comprehensive national infrastructure package next year.

The effort to ensure the voice of REALTORS® is heard as the federal government turns its attention to infrastructure is a top federal public policy priority of NAR in 2019.

Other priorities include making recent tax law changes better and ensuring REALTORS® have a leading voice in efforts to reform the country’s secondary mortgage market.

The priorities were announced today at the 2019 REALTOR® Party Training Conference in Minneapolis. The priorities were developed following a process that included feedback from the NAR Public Policy Coordinating Committee and results of the 2018 NAR Member Survey.

Infrastructure
Infrastructure ranked high on the NAR Member Survey and a number of NAR committees will be reviewing issues related to it. The issue is expected to be one that Congress and the White House will take up in 2019 and it’s crucial that REALTORS® be leaders in the conversation.

Federal taxation
The Federal Taxation Committee will consider changes to improve last year’s tax reform law. On the commercial side, the Federal Taxation Committee and the Commercial Committee will seek to advance qualified opportunity zones as a path for real estate investment.

Access to credit
Alternative credit models such as rent payment history will be a focus as NAR works to improve access to credit. NAR will also educate lawmakers about the importance of protecting the availability of 30-year, fixed-rate mortgage financing. NAR President-elect Vince Malta will testify next week before Congress on the issue and NAR will be showcasing its role as the thought leader on reform of Fannie Mae and Freddie Mac in a policy forum it hosts in Washington next year.

Health insurance
The Insurance Committee will work to protect and promote the U.S. Department of Labor’s rule on association health plans, which expands the use of AHPs but faces hurdles.

Flood Insurance
The Insurance Committee will continue to work with the Federal Emergency Management Agency to finalize comprehensive reforms to the National Flood Insurance Program and modernize flood mapping. In addition, NAR will be working with FEMA to raise public awareness of disaster preparedness.

Technology
The Federal Technology Committee will promote NAR’s innovation agenda, which includes responsible data security protections, restoration of net neutrality to help maintain an even playing field online, and advancement of remote notarization.

More on NAR’s federal policy priorities.

More on the REALTOR® Party Training Conference.

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YES on Prop 5 and NO on Prop 10

Dear REALTORS®:

There’s less than two weeks until Election Day and we need to make sure all REALTORS® here in Siskiyou County vote.

As REALTORS®, it’s our job to protect home-ownership in California. If you’re a Vote by Mail voter, return your ballot today and vote YES on Prop 5, C.A.R.’s Tax Fairness Initiative and NO on Prop 10 that will allow for the dramatic expansion of rent control. If you are not signed up to Vote by Mail,  plan to vote Yes on Prop 5 and No on Prop 10 on election Day, November 6th.

Prop 5 and Prop 10 will change housing in California for years to come – so make sure your voice is heard. Vote TODAY by returning your ballot and get involved to help spread the word of #Yes5No10.

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CALL FOR ACTION – Flood Insurance

The National Association of Realtors and the California Association of Realtors are asking for help to get Congress to extend the NFIP (National Flood Insurance Program) which expires on 7/31/18!  Take action by urging Congress as the expiration of this program could leave homeowners and buyers with denials of insurance coverage in more than 20,000 communities nationwide.

NAR’s Call for Action: www.realtorparty.realtor/renewnfip

CAR’s Tax Reform Page

Reauthorize the National Flood Insurance Program (NFIP)

https://www.votervoice.net/Shares/BiPlaA-gAChiOAB0d1S7FBA

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Community Outreach Project

SAR’s Community Outreach Committee worked with the community to put a park bench in at Bel Air Park in Weed!  Thank you to Weed’s Park and Recreation Department, Solano’s Do-It-Best Hardware, and AWM Construction for donating their time, equipment, and materials to get this done for our community!

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AB 2364 Fails

Great news! AB 2364 FAILED last night on Assembly Floor! It only secured 25 Yes votes, with 34 voting No and the remainder Not Voting. All members of the Assembly were present, so those not voting did so intentionally.

As you know, C.A.R OPPOSES AB 2364 (Bloom and Chiu), which deters property owners from returning to the rental housing business for 10 years. AB 2364 significantly weakens the Ellis Act by discouraging new rental housing investment and will ultimately make the state’s housing crisis even worse.

The following Assembly Members voted No or did not vote.

Noes: Acosta, Travis Allen, Baker, Bigelow, Brough, Chávez, Chen, Choi, Cooley, Cooper, Cunningham, Dahle, Daly, Flora, Fong, Frazier, Gallagher, Gray, Grayson, Harper, Irwin, Kiley, Lackey, Levine, Maienschein, Mathis, Mayes, Melendez, O’Donnell, Obernolte, Patterson, Quirk, Salas, Steinorth, Voepel, Waldron

Not Voting: Aguiar-Curry, Arambula, Berman, Burke, Caballero, Cervantes, Cristina Garcia, Eduardo Garcia, Gipson, Kamlager-Dove, Medina, Muratsuchi, Quirk-Silva, Rodriguez, Rubio, Santiago, Weber