Sunday, April 26, 2009
Lunch with the California Association of Realtors on Saturday at the Democratic Convention in Sacramento
If ya'll watch the news, I am sure you heard at some point this weekend that the California Democratic Party Convention was this weekend at the Sacramento Convention Center? Turns out the California Association of Realtors was one of the event sponsors, and had a table at the luncheon event yesterday (Saturday). I was offered a ticket to attend, and thought it would be a great opportunity to learn more about the latest in state and local politics. I regularly attend our local forum at the Sacramento Association of Realtors to receive updates, and thought this may provide some insights with regard to the state-wide picture (as opposed to just what is going on at the City/County level).
For the record, the California Association of Realtors is a non-partisan organization. They defend the interests of property owners, and there are numerous pieces of legislation introduced (by both sides of the political aisle) every year that affect property owners and the ways in which real estate is transacted.
Anyway, our table was literally 10 feet from the front stage. I sat with two other Realtor members of the Sacramento Association of Realtors, the Political Affairs Director from the Contra Costa Association of Realtors, and four CAR Government and Political Affairs representatives. At the luncheon, Representative Zoe Lofgren from San Jose, Speaker Karen Bass, and Senator ProTem Darrell Steinberg all spoke. It was definitely interesting to hear the party's agenda...the state of the California economy was definitely the top issue...no specific solutions or ideas were mentioned.
I also was introduced to and had the opportunity to speak with US Congressman Jerry McNerney about Sacramento's real estate market. He represents parts of Santa Clara, Alameda, Contra Costa, and San Joaquin Counties...not Sacramento. His areas also faced declining values, short sales, and many foreclosures, however most of his district is in a much higher price bracket.
Overall - a neat experience...