Lake
Tahoe Real Estate - Single Family - Montgomery Estates
Lake
Tahoe Real Estate - Condo/Townhouse - Montgomery Estates
Lake
Tahoe Real Estate - Multi Family - Montgomery Estates
Lake
Tahoe Real Estate - Land - Montgomery Estates
Lake
Tahoe Real Estate - Commercial - Montgomery Estates
C.A.R. SUPPORTS TWO PROPOSITIONS, REMINDS REALTORS®
TO VOTE NOV. 2 Earlier this month, C.A.R.'s board
of directors adopted a "for" position on two statewide ballot
propositions -- Propositions 1A and 64 -- acknowledging their
relationship to real estate. State IMPAC Trustees also approved
monetary contributions to support both campaigns. C.A.R. supports
Proposition 1A, the historic bipartisan agreement between
local governments and the Governor to prevent the State Legislature
from raiding local government funds after 2006. This measure
is strongly supported by a diverse coalition of groups. The
State IMPAC Trustees approved a $50,000 contribution to support
the Yes on Proposition 1A campaign. For more information,
go to http://www.yesonprop1a.com. C.A.R. also supports Proposition
64, the measure to stop shakedown lawsuits and require attorneys
to actually have a client who has been harmed before suing
small businesses. The State IMPAC Trustees approved an additional
$30,000 to Californians to Stop Shakedown Lawsuits, bringing
the total contributions to this campaign to more than $230,000.
For more information, go to http://www.stopshakedownlawsuits.com.
C.A.R. found the remaining state ballot propositions to be
"not real estate-related," with the exception of Proposition
65 (local government finance), on which C.A.R. took a "neutral"
position. REALTORS® are encouraged to vote on Nov. 2.
GOOD NEIGHBOR AWARD WINNERS ANNOUNCED California
REALTOR® Diane Mintz of Marvin Gardens Real Estate in Berkeley
has been named one of REALTOR® Magazine's 2004 Good Neighbor
Award winners. Now in its fifth year, the Good Neighbor Awards
recognize REALTORS® who make extraordinary commitments to
improving the quality of life in their communities. Mintz
is one of five REALTORS® to receive this year's award. She
is being recognized for her work with inner-city kids, which
began when she tutored in Richmond. As she got to know the
children and learned how few had been outside the neighborhood,
much less to the theater or a museum, Mintz knew she had to
do something. In 2000, she founded Youth Enrichment Strategies,
an organization that has sent more than 1,000 inner-city kids
to summer camp. Mintz also developed a weekend family camp
to teach camping skills as well as leadership and conflict
resolution skills to children and their families. The five
winners of the Good Neighbor Award each will receive a $7,500
grant for their community cause, a lead crystal Good Neighbor
Award Trophy, and the right to use the Good Neighbor Awards
logo on their Web site and promotional materials. Additionally,
the recipients will travel to the NAR Conference & Expo in
Orlando, where they will receive their awards during the general
session on Nov. 6 in front of 6,000 NAR members.
NUMBER OF HOMEOWNERS IN U.S. REACHES ALL-TIME HIGH
According to a report released by the U.S. Census Bureau on
Monday, the United States now has 73.8 million homeowners
-- a historical high. This is approximately 1.6 million more
homeowners than recorded one year ago. The Census also reported
the rate of homeownership increased 0.6 percent to 69 percent
in the third quarter of 2004 compared with the same period
one year ago but remained unchanged from second quarter 2004.
During the third quarter of 2004, homeownership rates by region
were highest in the Midwest and South, at 73.8 percent and
71.0 percent, respectively. The Northeast recorded a homeownership
rate of 64.4 percent, while the West experienced a similar
rate of 64.7 percent. The Census also reported an all-time
high of 15.2 million minority homeowners, though the homeownership
rate among minorities continues to be lower than that of non-Hispanic
whites. In addition to the 73.8 million housing units occupied
by homeowners, there were 33.1 million housing units occupied
by renters during third quarter 2004. "These numbers combined
with news that sales of previously owned homes jumped 3.1
percent in September, show that housing continues to lead
the way in our rapidly recovering economy," said Housing and
Urban Development Secretary Alphonso Jackson.
Information provided by - C.A.R. Newsline is published by
the CALIFORNIA ASSOCIATION OF REALTORS®, a trade association
representing more than 135,000 REALTORS® statewide.
