Our next Industry Leader Town Hall is this Friday September 24th at 11am.  Register here and submit your questions in advance by emailing [email protected] and [email protected]. The current agenda and questions submitted are found here. Below are your pertinent updates for this week.

Our hybrid Board of Directors meetings are coming up over the next two weeks and as key stakeholders for the organization I invite you to be a part of the conversation and debate. Here are some key forums and meetings you should be aware of and attend: 

• Fair Housing and Diversity Forum: Bold Ideas for Unlocking Homeownership Opportunities for Black Californians, Tuesday 9/28 10-11:30 a.m. Register here.

• REALTOR® Risk Management and Consumer Protection Forum, Thurs 9/30 8am -  11am - Register here.

• Property Management Legal Open Forum:"Landlord/Tenant Laws after the End of the Eviction Moratorium", Thursday 9/30 11:15 - 12:00pm - Register here.

• Public PolicyForum: “Understanding California’s housing laws: Planning, Compliance, Development, and RHNA, Thursday 9/30 2:00-4:00pm - Register here.

• Global Real Estate Forum: Cryptocurrency and Blockchain, Friday, 10/1, 10am to 12pm - Register here.

• Strategic Planning & Finance Forum: The Future of the Transaction – Realities and Opportunities, Friday, 10/1 1:00 p.m. – 2:30 p.m.  Register here. 

• If you would like to get involved and help shape C.A.R. policy and positions, we encourage you to attend our Business meetings. All C.A.R. members are welcome, even if not a Board or committee-member, and they may comment with the permission of the Committee Chair. You can see the date and location of the next meeting and agendas here. 

COVID Relief Update
Despite the end of federal eviction moratoria last month, California’s own statewide moratorium continues until next week, Oct. 1, 2021 (read more about this and what you need to know here). This allows time for the various state and local rental relief programs to disburse rental assistance funds. To apply for rental relief funding, go to the state website for CA COVID-19 Rent Relief.

SB 8, SB 9 and SB 10 - Signed by Governor
Last week, Governor Newsom signed three important housing bills: SB 8 (Skinner), SB 9 (Atkins) and SB 10 (Weiner) that will make a meaningful impact on the state’s housing crisis. This is an important step toward solving our state’s housing supply crisis. SB 8, SB 9 and SB 10 are prudent, reasonable actions in the path forward to helping the state reach its housing goals and create greater homeownership opportunities for working Californians. For more on this please see our release here and background here.

Market Update
Most of the data that came in over the past week has been encouraging. The public health numbers continue to improve. Recent economic releases show that the macro environment continues to recover despite the uptick in COVID cases last month. And the housing market remains relatively stable with sales remaining well above pre-crisis levels and prices setting new all-time high levels. There are signs that the market has and will continue to moderate from 15-year highs reached earlier, but the data skewed more positive over the past week.. For the full write up - go here. 

• For more check out our Market Minute here. 

• For our daily MLS Transactional Data - go here.

• For our weekly Realtor Survey Data - go here.

Hearing from agents is critical to understanding the marketplace, changes in consumer behavior, trends, and the industry. Please take 5 minutes to complete our WEEKLY REALTOR SENTIMENT SURVEY here. 

Upcoming Events:
REimagine! Real Estate Virtual Conference & Expo 10/5-10/7

C.A.R. Fall 2021 Business Meetings 9/27-10/8

AREAA Greater LA Presents: To Live and Invest in LA  9/16

NAHREP L’Attitude (San Diego) - 9/29-10/2

Women’s Council of REALTORS, California Fall Meeting 10/2-10/4, 

AREAA 2021 National Convention  (San Francisco) - 10/7-10/9

CAREB 66th Annual Conference (San Diego) - 10/20-10/22