Housing demand tempered for the fourth consecutive month in August, even while the statewide median home price set another record high.

The California real estate market continued its return to more normal conditions, prior to COVID-19, according to the monthly home sales and price report from the California Association of REALTORS® (C.A.R.).

Closed escrow sales of existing, single-family detached homes statewide on a seasonally adjusted annualized rate were down 3.3 percent on a monthly basis from 414,860 in August to 428,980 in July, and down 10.9 percent from a year ago, when 465,400 homes were sold on an annualized basis. The statewide annualized sales figure, collected from more than 90 local REALTOR® associations and MLSs statewide, represents what would be the total number of homes sold during 2021 if sales maintained the August pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

August’s statewide sales level was the lowest in 14 months. Despite the monthly and annual sales drop, California home sales remained strong by pre-pandemic standards, maintaining a solid year-to-date increase of 21.3 percent statewide.

In San Diego, home sales in August 2021 declined 5.1 percent compared to July 2021, and 1.6 percent lower than August 2020.

August 2021 County Sales and Price Activity
(Regional and condo sales data not seasonally adjusted)

After taking a breather in July, California’s median home price set a new record in August 2021 at $827,940 which was the fifth record set in the past six months. The August 2021 price was 2.1 percent higher than the $811,170 recorded in July 2021 and 17.1 percent higher than the $706,900 recorded in August 2020. The median price in California remained above the $800,000 benchmark for the fifth consecutive month.

In San Diego, the median price for a single-family detached home in August 2021 was $835,000, which was 2.9 percent lower than the July 2021 price of $860,000, but 14 percent higher compared to the August 2021 price of $732,560.

“The normalizing market and modestly improving housing inventory in the past few months have created an opportunity for homebuyers who sat out the highly competitive housing market seen over much of the past year,” said C.A.R. President Dave Walsh. “With the highest level of active listings in nearly a year, interest rates expected to stay consistently low, and a dip in multiple offers, now is a good time for discouraged buyers to get back into the game.”

 “While home sales at the lower end of the market are underperforming due to a lack of supply and the economic uncertainty induced by the COVID resurgence, the higher-priced segments continue to see double-digit sales growth that’s keeping the overall market from moderating too fast,” said C.A.R. Vice President and Chief Economist Jordan Levine. “With interest rates expected to stay low for the rest of the year, sales in California will remain solid by pre-pandemic standards while price growth will likely ease further in the coming months.”

Other key points from C.A.R.’s August 2021 resale housing report include:

-- At the regional level, sales in three of the five major regions dipped a year ago. Southern California (-4.1 percent) and Central Valley (-2.0 percent) experienced a sales drop from last year. Riverside (-13.6 percent), San Bernardino (-15.6 percent), Madera (-32.7 percent), and Placer (-13.5 percent) are a few counties that fell by double-digits in August. 

-- Nearly three-quarters of all counties, 37 of 51, posted year-over-year decreases in closed sales in August, with 23 counties declining by more than 10 percent from last year. 

-- Median prices in all major regions continued to increase by double-digits. The Far North had the largest jump (19.1 percent) year-over-year, followed by Southern California (18.8 percent), San Francisco Bay area (18.4 percent), Central Valley (16.9 percent), and Central Coast (11.4 percent). Despite the strong price growth rates, all regions decelerated from a few months ago, when regional median prices surged by more than 20 percent year-over-year.

-- After increasing for the past six consecutive months, California’s housing supply leveled off in August as the market transitioned into the off-season. The number of for-sale properties dipped slightly by 2.6 percent between August and July of this year and a 10.9 percent decline from August 2020. The year-over-year decline was the smallest in two years.

-- New active listings in August 2021 dipped from a year ago for the second straight month after increasing for four straight months from March through June. The dip in new active listings could be due to seasonality but the surge in COVID cases also may have played a role.

-- The imbalance between supply and demand continued to heat up the market, with many buyers offering sales bids over the asking price. In August 2021, 67 percent of homes sold above their asking price, making it the 11th consecutive month since September 2020 that more than half of homes sold above their asking price. In July 2021, 70 percent of homes sold above their asking price.

-- Statewide, the unsold inventory of available homes for sale was unchanged at 1.9 months for both August and July, and slightly below the August 2020 level of 2.1 months. Inventory levels measured in months indicate the number it would take for the available supply of homes on the market to sell out given the current rate of sales.

August 2021 County Unsold Inventory and Days on Market
(Regional and condo sales data not seasonally adjusted)

-- In San Diego County, the inventory of available homes for sale in August 2021 was unchanged from July 2021 at 1.7 months for both months, but slightly below the August 2020 level of 1.9 months.

-- The median number of days it took to sell a California single-family home inched up from eight days in July to nine days in August but was lower from 13 days in August 2020. The nine-day figure compares to eight days in June and seven days in May and April. Prior to setting record low numbers this year, the previous statewide record was nine days in November 2020.

-- In San Diego County, the median number of days an existing, single-family home remained unsold on the market was eight days in August 2021, which compares to seven days in July 2021, six days in June 2021, seven days in May 2021, six days in April 2021 and March 2021 and seven days in February 2021 and January 2021, as well as eight days a year ago in August 2020. The median represents a timeframe when half the homes sell above it and half below it.

-- The 30-year, fixed-mortgage interest rate averaged 2.84 percent in August, down from 2.94 percent in August 2020, according to Freddie Mac. The five-year, adjustable mortgage interest rate was an average of 2.42 percent, compared to 2.91 percent in August 2020.

CRMLS launched a new IDX transparency initiative on September 1st, 2021.

What is IDX?  “Internet Data Exchange” is a means by which each MLS Participant (AKA Broker In the MLS) subscribing to the (IDX) program permits the limited electronic display of Participant’s listings appearing in Internet Data Exchange Database on each Participant’s (Other Broker's) IDX Internet websites and on applications for mobile devices that said participating Broker Participants and R.E. Subscribers control.

The newly updated rule Rule 12.16.5 listing credit:

All Listing Brokers grant permission for any Advertising Broker to display any listings submitted to the service by the Listing Broker only if the listing display or advertisement is clear so that a reasonable real estate consumer understands:

a) Who is the Listing Agent & Broker?
b) Who is the Advertising Broker?
c) How to contact that Listing Agent or Broker.

Note: These changes only affect how agent and broker IDX websites display your MLS data in public sites, not any other form of marketing. They are unrelated to communications between you and your clients.

What are the full implications of this rule? How do agents and brokers make sure your IDX feeds are compliant? Where did this rule come from, and why, and how does it benefit you?  To answer these questions and more,

CRMLS’s Vice President and General Counsel Edward Zorn - VP & General Counsel at California Regional MLS (CRMLS), will host a Webinar Wednesday, September 15th at 2:00 PM centered on the IDX Transparency Initiative.

Edward Zorn,  will also review frequently asked questions,  display examples of this new change, and take questions live.

Art Carter, CEO of CRMLS

Provides quick insight into the rule change on this 2:35 minute video.

As a follow-up from white-hot conditions in both home sales and prices, the California housing market moderated for the third straight month in July.

Both home sales and prices have tempered from the heated market conditions seen over the past year, according to the monthly home sales and price report from the California Association of REALTORS® (C.A.R.).

Closed escrow sales of existing, single-family detached homes statewide on a seasonally adjusted annualized rate were dipped 1.6 percent in July 2021, when 428,980 homes were sold, compared to the previous month of June 2021 when 436,020 homes were sold. July 2021 statewide home sales also were down 2 percent from July 2020, when 437,890 homes were sold on an annualized basis. The statewide annualized sales figure, collected from more than 90 local REALTOR® associations and MLSs statewide, represents what would be the total number of homes sold during 2021 if sales maintained the July pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

Despite the slight decline, July’s statewide sale total was the second highest for a July in the past six years. Also, the state’s home sales pace maintained a solid year-to-date increase of 27.3 percent.

In San Diego, home sales in July 2021 were 7.4 percent lower compared to June 2021, but 1.4 percent higher than July 2020.

Home prices also remained at moderate levels in July 2021.

After setting record highs for the past four consecutive months, California’s median home price slipped 1 percent on a month-to-month basis to $811,170 in July 2021, down from June 2021’s $819,630 and up 21.7 percent from the $666,320 recorded last July 2020. The median price in California remained above the $800,000 benchmark for the fourth consecutive month.

In San Diego, the median price for a single-family detached home in July 2021 was $860,000, which was $5,000 or 0.6 percent lower than the June 2021 price of $865,000, but 19.6 percent higher compared to the July 2020 price of $719,000.

July 2021 County Sales and Price Activity
(Regional and condo sales data not seasonally adjusted)

“The California housing market continues to normalize from the white-hot conditions we experienced at the height of the pandemic with both sales and prices moderating as we slowly transition from the peak home-buying season into the fall,” said C.A.R. President Dave Walsh. “The market remains solid, however, as sales were still the second highest level for a July in the last six years, and the statewide median price continues to perform above last year’s level by double-digits. Housing supply, while improved, remains tight and market competition is still heated with homes flying off the market in record time.”

“Despite dipping slightly from its record peak set in June, California’s median price remains elevated as supply constraints continue to provide upward pressure to support home prices,” said Jordan Levine, C.A.R. Vice President and Chief Economist. “However, home prices should ease as housing inventory improves in the third quarter and the market continues to normalize during the traditional off-season.”

Other key points from C.A.R.’s July 2021 resale housing report included:

-- At the regional level, all major regions posted a dip in sales from a year ago, when home sales began to surge as mortgage rates continued their downward trend. San Francisco Bay Area (-1.4 percent) and Southern California (-1.4 percent) held up relatively well, but more affordable counties within the regions such as Napa (-36.9 percent), Solano (-14.7 percent) and San Bernardino (-13.2 percent) also recorded sharp declines from a year ago.

-- Active listings in California in July 2021 reached the highest level since last October 2020, signaling continuous improvement in the state’s housing supply condition. The number of for-sale properties increased 15.4 percent in July 2021 from June 2021 as more homes were being listed on the market. Despite an increase in total active listings in July, new listings added in the month dipped slightly for the first time after gaining year-over-year for four straight months. New active listings inched up by 0.7 percent from June 2021 to July 2021 percent but dipped on a year-over-year basis from July 2020 by 0.9 percent. Housing supply typically climbs during this time of the year and remains on an upward trend until late July-to-early August.

-- The imbalance between supply and demand continued to heat up the market, with many buyers offering sales bids over the asking price. In July, more than 70 percent of homes sold above their asking price, making it the tenth consecutive month since September 2020 that more than half of homes sold above their asking price.

-- Statewide, the unsold inventory of available homes for sale improved slightly from 1.7 months in June 2021 to 1.9 months in July 2021, but remained sharply below last year’s level of 2.1 months for July 2020. Inventory levels measured in months indicate the number it would take for the available supply of homes on the market to sell-out given the current rate of sales.

July 2021 County Unsold Inventory and Days on Market
(Regional and condo sales data not seasonally adjusted)

-- In San Diego County, the inventory of available homes for sales in July 2021 also improved slightly to 1.7 months, compared to 1.5 months in June 2021, but below last year’s level of 1.9 months in July 2020.

-- The median number of days it took to sell a California single-family home was eight days in July 2021, which was the same number for June 2021, down from 17 days in July 2020. The eight-day figure compares to seven days in May 2021 and April 2021. Prior to setting record low numbers this year, the previous statewide record was nine days in November 2020.

-- In San Diego County, the median number of days an existing, single-family home remained unsold on the market was seven days in July 2021. That number compares to six days in June 2021, seven days in May 2021, six days in April 2021 and March 2021 and seven days in February 2021 and January 2021, as well as eight days in December 2020 and seven days in November, October and September 2020. The timeframe a year ago in July 2020 was 10 days. The median represents a timeframe when half the homes sell above it and half below it.

-- The statewide sales-price-to-list-price radio was 103.8 percent in July 2021 and 100 percent in July 2020. Sales-to-list-price ratio is an indicator that reflects the negotiation power of home buyers and home sellers under current market conditions. The ratio is calculated by dividing the final sales price of a property by its last list price and is expressed as a percentage. A sales-to-list ratio with 100 percent or above suggests that the property sold for more than the list price, and a ratio below 100 percent indicates that the price sold below the asking price.

-- The 30-year, fixed-mortgage interest rate averaged 2.87 percent in July, down from 2.98 percent in July 2020, according to Freddie Mac. The five-year, adjustable mortgage interest rate was an average of 2.49 percent, compared to 3.02 percent in July 2020.

RentSpree is now an MLS-integrated core product, available to all CRMLS users at no extra cost!

Here's a short video explaining the benefits of RentSpree:

What is RentSpree?
RentSpree is a premier rental application and tenant screening tool. Through a simple link, tenants can apply to rental properties in minutes. The housing provider receives a complete rental application, credit report and score, criminal background check, and eviction report – all at no cost! (Applicants pay the $30 screening fee.)

What's the new integration?
CRMLS added an "Online Screening" field to residential lease input forms. It is now a required field for lease listings in all CRMLS-supported MLS systems. Just select "RentSpree" in this field if you want to collect rental applications via the MLS! (You may also select "None" if you wish to opt-out.)

This is what the new feature will look like in your MLS system:

If users select RentSpree, the listing agent will receive a notification email containing a link for prospective tenants to apply to rent the property.

How can users start accepting rental applications?
Visit the CRMLS Knowledgebase to find out exactly where to find this new field in your MLS system.

Molly Chase with the San Diego Housing Commission provided PSAR members with an update on the funds spent on the County Rental Assistance Program. The program helps pay past-due, unpaid rent, and utilities for City of San Diego households with low income that experience financial hardship due to the ongoing COVID-19 pandemic.

• If you know any housing providers or tenants living in the City of San Diego who may qualify, please feel free to share this information with them.  (link to this blog - https://blog.psar.org/rental_assistance )
• Online application for City of San Diego assistance may be found at: https://covidassistance.sdhc.org/
• Slides from the presentation with facts figures and requirements may be found here.
• Daily stats on financial distribution may be found here.

For deeper knowledge on this topic check out this video presentation and Q&A with PSAR's Government Affairs Committee.

With direction from PSAR's 2021 President Ditas Yamane, this week PSAR released a short promotional video highlighting PSAR's Mission to Empower Realtors.   

Serving San Diego County, PSAR empowers Realtors with help from the largest MLS in the Country, CRMLS.   PSAR Advocates for Private Property Rights and Homeownership. The organization adheres to the highest levels of professionalism.

It is common knowledge that PSAR's Members Services Team takes pride in providing the highest level of service in the industry. Service is so important that our three service centers in Clairemont, Chula Vista, and El Cajon remained open throughout the pandemic while adhering to local, state, and national guidelines. 

Check it out!

Despite an impressive performance in the first six months of the year, momentum appeared to be slowing for the California housing market with existing home sales in June dipping for the second month in a row.

According to the monthly home sales and price report from the California Association of REALTORS® (C.A.R.), home sales statewide on a seasonally adjusted annualized rate were 2.2 percent lower in June 2021, when 436,020 homes were sold, compared to May 2021, when 445,600 homes were sold. However, home sales increased 28.3 percent in June 2021, compared to June 2020, when 339,910 homes were sold on an annualized basis.

With strong sales growth in June, the state housing market ended the first half of the year with a year-to-date home sales increase of 33.6 percent.

Monthly numbers for closed escrow sales of existing, single-family detached homes in California is based on information collected from more than 90 local REALTOR® associations and MLSs statewide. The statewide annualized sales figure represents what would be the total number of homes sold during 2021 if sales maintained the June pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

In San Diego, home sales in June 2021 were 16 percent higher compared to May 2021, and 29.2 percent higher than June 2020.

Meanwhile, home prices continued to increase in June 2021.

Statewide, the median price for a single-family detached home in June set a new record high for the fourth straight month. The median price increased slightly by 0.2 percent on a month-to-month basis to $819,630 in June 2021, up from $818,260 in May 2021, and 30.9 percent from the $626,170 price recorded in June 2020.

June 2021 County Sales and Price Activity
(Regional and condo sales data not seasonally adjusted)

The median price in California remained above the $800,000 benchmark for the third consecutive month. The median represents the point at which half of homes sell above a price, and the other half below it.

The pace of growth in home prices appeared to be decelerating, as the change between May and June remained below one percent, and the increase was the smallest in the past four months. On a month-to-month basis, the statewide median price increase in June 2021 was slightly below the average May-to-June growth rate of 1.0 percent observed between 1979 and 2020.

In San Diego, the median price for a single-family detached home in June 2021 reached a new record of $865,000, which was 1.6 percent higher than the May 2021 price of $851,000 and 27.6 percent higher compared to the June 2020 price of $678,000.

“We’re starting to see what a difference just a slight uptick in inventory and listings can do to help lessen the buying frenzy and create a sense of normalcy,” said C.A.R. President Dave Walsh. “The market is still extremely competitive, with 70 percent of homes selling above list price; however, the number of new listings increased in June, and both the share of listings with a reduced price and median reduction amount increased, giving buyers more opportunities to purchase.”

 “On a year-over-year basis, the statewide median price increased more than 30 percent for the third consecutive month. Tight supply, low rates and the change in the mix of sales continue to be the primary factors pushing up home prices to record levels,” said C.A.R. Vice President and Chief Economist Jordan Levine. "However, we are expecting price growth to slow from this point on as the top end of the market begins moderating. With pending sales down for the first time in 14 months, closed sales – which have been declined 5 out of the last 6 months – will likely remain lackluster as the market enters the second half of the year.”  

Other key points from C.A.R.’s June 2021 resale housing report included:

-- Home sales in June for four of the five major regions in the state set new record-high median prices in June, with each region increasing by more than 20 percent from a year ago. The San Francisco Bay Area continue to grow at the fastest pace with a year-over-year gain of 35.0 percent, followed by Southern California (30.3 percent), the Central Valley (23.8 percent), the Far North (22.0 percent) and the Central Coast (20.8 percent).

-- Sales growth statewide in the higher-priced markets remained strong in June 2021, while the number of sales of lower-priced properties remained below last year’s levels. The million-dollar market increased in demand by triple digits in a year-over-year comparison, with sales of homes priced $2 million and above surging 141 percent from a year ago. In contrast, sales of homes priced below $300,000 continued to fall precipitously with the year-over-year growth rate declining 48 percent in June. Tight housing supply continues to be the primary constraining factor for sales in the lower price segment. More homes were sold in the million-dollar market than the sub-$500k market in the 2021 second quarter of 2021, a condition that has not been observed in California in the past.

-- Active listings in California in June 2021 reached the highest level since last October 2020, signaling an improvement in the state’s housing supply condition. The number of for-sale properties increased 15.4 percent in June 2021, compared to May 2021, as more homes were being listed on the market. New active listings, while still down 12.3 percent from two years ago, increased in both a month-over-month basis and year-over-year basis by around 8 percent for June 2021. Housing supply typically climbs during this time of the year and remains on an upward trend throughout the late July-early August timeframe.

-- Statewide, the unsold inventory of available homes for sale decreased to 1.7 months in June 2021, compared to 1.8 months in May 2021, and below last year’s level of 2.7 months for June 2020. Inventory levels measured in months indicate the number it would take for the available supply of homes on the market to sell-out given the current rate of sales.

-- In San Diego County, the inventory of available homes for sales in June 2021 also decreased to 1.5 months, compared to 1.6 months in May 2021, and below last year’s level of 2.2 months in June 2020.

June 2021 County Unsold Inventory and Days on Market
(Regional and condo sales data not seasonally adjusted)

-- The median number of days it took to sell a California single-family home was eight days in June 2021, compared to seven days in May 2021, which was the same number in April 2021, down from 21 days in June 2020. The eight-day figure compares to 10 days in February 2021, 11 days in January 2021, 11 days in December 2020, nine days in November 2020, 10 days in October 2020, 11 days in September 2020 and 15 days in March 2020. Prior to setting record low numbers this year, the previous statewide record was nine days in November 2020.

-- In San Diego County, the median number of days an existing, single-family home remained unsold on the market was six days in June 2021. That number compares to seven days in May 2021, six days in April 2021 and March 2021 and seven days in February 2021 and January 2021, as well as eight days in December 2020 and seven days in November, October and September 2020. The timeframe a year ago in June 2020 was 12 days. The median represents a timeframe when half the homes sell above it and half below it.

-- The statewide sales-price-to-list-price radio posted a record high in June 2021 of 104.1 percent, compared to 99.5 percent in June 2020. Sales-to-list-price ratio is an indicator that reflects the negotiation power of home buyers and home sellers under current market conditions. The ratio is calculated by dividing the final sales price of a property by its last list price and is expressed as a percentage. A sales-to-list ratio with 100 percent or above suggests that the property sold for more than the list price, and a ratio below 100 percent indicates that the price sold below the asking price.

-- The 30-year, fixed-mortgage interest rate averaged 2.98 percent in June, down from 3.16 percent in June 2020, according to Freddie Mac. The five-year, adjustable mortgage interest rate was an average of 2.56 percent, compared to 3.09 percent in June 2020.

The Pacific Southwest Association of REALTORS and many of our property managers and owners are financially supporting the Southern California Rental Housing Association's (SCRHA) efforts to seek an injunction preventing the county from implementing and enforcing its rental moratorium. The County has been ineffective at distributing the hundreds of millions of dollars received from the federal government for rent relief programs.  SCRHA is distributing the following press release: 

Court Denies SCRHA’s Legal Challenge to County’s Eviction Moratorium Ordinance; SCRHA Immediately Appeals Decision

Ordinance Threatens Safety, Quality of Life of Tenants; Livelihoods of Thousands of County Property Owners Who Provide Rental Housing.

SAN DIEGO (July 27, 2021) – Over a month after a decision was expected, a federal judge has finally issued a decision denying the Southern California Rental Housing Association’s (SCRHA) request for a preliminary injunction to prevent San Diego County from implementing or enforcing the San Diego County Emergency Eviction Moratorium Ordinance.

U.S. District Court Judge M. James Lorenz denied SCRHA's motion, citing the temporary nature and public interest of the ordinance. In his July 26, 2021 decision, Lorenz stated that it is beyond dispute that owners are impacted by the eviction moratorium, but he said in the ruling: “However, the harm they are suffering in terms of stress and emotional hardship will be short-lived, as the Ordinance is set to expire in the middle of August 2021.”
Within an hour of receiving the ruling on July 27, 2021, SCRHA filed an appeal with the U.S. Court of Appeals for the Ninth Circuit.

“We are greatly disappointed with this ruling, which leaves housing providers with no recourse to deal with renters who cause problems for their neighbors or who otherwise violate their agreements,” said SCRHA Executive Director Alan Pentico. “Bottom line: This is unfair to everyone. That’s why we will continue to challenge this extreme and unconstitutional law.”

“As housing providers, we believe in doing our part and serving our community. We were designated as essential workers during the COVID-19 pandemic – and we have continued to show up to maintain and operate our rental communities,” Pentico added. “Sadly, housing providers’ own rights have been trampled. It’s a shame that this court chose to minimize the real harm that the eviction moratorium is causing to housing providers and rental communities.”

The County’s Emergency Eviction Moratorium Ordinance indefinitely bans nearly all evictions within the County. The ordinance, which affects evictions within both the unincorporated areas of the County and within all local Cities, went into effect on June 3, 2021 – dramatically limiting the rights of property owners who rent out their homes, duplexes, condos, accessory dwelling units, or apartments to tenants.

SCRHA filed a lawsuit in U.S. District Court seeking an injunction against the ordinance, saying it threatens the livelihoods of thousands of county property owners – many of them independent, small “mom and pop” landlords – and strips them of their federal constitutional rights to use and control their own properties. Most troublingly, the ordinance fails to protect public safety because it doesn’t allow evictions of violent, lawbreaking or nuisance-creating tenants unless the landlord can prove an “imminent health and safety threat,” and it doesn’t allow financially stressed owners to move into their own homes. For more information, visit http://socalrha.org/evictionban.

The Eviction Moratorium Ordinance would end 60 days after all work-at-home and stay-at-home orders are lifted. The stay-at-home and work-at-home orders expired on June 15, 2021, making the ordinance’s tentative expiration date August 14, 2021, the ruling stated. However, the County’s motion had indicated the ordinance was set to expire on August 10, 2021.  For more information about the lawsuit look here.

PSAR encourages all property managers and housing providers to consider joining the SCRHA.  We partner with SCRHA to help protect private property rights.

C.A.R, COVID LEGAL DOCUMENTS are available for addtional help

The C.A.R. COVID-19 forms are all available in zipForm® Plus in the C.A.R. forms library, and can be easily located by searching the library under the “COVID-19” category. Additionally, you can find the following Quick Guides and Legal Q&A’s on our website here:

• Quick Guide – The COVID-19 Tenant Relief Act—The Statewide Rent Moratorium Law (extended through September 30, 2021) [revised 7/9/21]

• Quick Guide – The Centers for Disease Control Federal Eviction Moratorium Order [revised 7/9/21]
• Quick Guide – Expanded State Rental Assistance Program for Landlords
• Quick Guide – Unpaid Rent Eviction Guide During COVID Protected and Transition Periods [revised 7/9/21]
• Legal Q&A – Eviction Moratorium Extension and State Rental Assistance Program – Senate Bill 91 [revised 7/2/21]
• Legal Q&A – State Rent Moratorium Extension and the COVID Rental Housing Recovery Act (AB 832) [revised 7/9/21]

High Court Says CDC Lacks Authority         Breaking News - June 30, 2021

In a 5-4 ruling Tuesday evening, the U.S. Supreme Court said the Centers for Disease Control and Prevention (CDC) lacked authority to implement a blanket, nationwide eviction moratorium.

Although the court declined to lift the ban immediately, the ruling means the current moratorium will expire at the end of July.

“This is a massive victory for property rights,” says NAR President Charlie Oppler.  “For more than a year, mom-and-pop property owners have been pushed toward financial ruin as they upkeep their properties and pay their taxes and mortgages with no income of their own.  With the pandemic waning and the economy improving, it is time to restore the housing sector to its healthy, former function.  Property owners also deserved this absolute clarity from our federal court system regarding property rights in America to avoid similar financial harm in the future.”

“This ruling keeps in place certainty for tenants for another month while bringing clarity to struggling housing providers.  It is now critical that the nearly $50 billion in rental assistance NAR helped secure gets out to those who need it most,” Oppler continues.

The eviction ban was first issued in September 2020 during President Trump’s term and was extended by President Biden several times through the end of July.

With the support of NAR, the Georgia and Alabama Associations of REALTORS® challenged the orders in federal court.

In May, a U.S. federal judge sided with housing providers, ruling the moratorium unconstitutional.  However, the judge issued a stay of her ruling pending appeal.

Members of the Pacific Southwest Association of Realtors elected its 2022 leadership team.  The following leaders were elected as Officers and Directors to serve in 2022.

The 2022 Officers
The Max Zaker | President

Jason Lopez | President-Elect

Sam Calvano | Secretary-Treasurer 

Ditas Yamane | Immediate Past President

These newly elected candidates will join the leadership team
as Directors in 2022

Anthony Andaya

Camille Bruno

Paula Gonzalez

Dylan Graham

Norma Scantlin

These Directors will serve a second term in 2022

Mike Anderson

Merrie Espina

Rafael Perez

Amy Ruiz

Amber Tannehill

Andrea Martino - Affiliate Director

PSAR is a 501C6 Non-Profit founded in 1928. The organization is led by volunteers who establish the policies to govern our organization.

PSAR's Missions is to empower REALTORS^®

We are thankful to all who were nominated to lead PSAR and we are looking forward to great things from both the elected candidates and those who will continue to serve in our committee leadership.