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Aliso Viejo news briefs, Aug. 21

Congresswoman visits Congresswoman Mimi Walters will speak to the South Orange County Economic Coalition at 7:15 a.m. Friday, Aug. 25 at the Orange County Association of Realtors, 25552 La Paz Road in Laguna Hills. Guests can sign up online at socchamber.com. Information: 949-600-5470 Free screening The Aliso Viejo Library will host a free screening of […]

Laguna Niguel news briefs, Aug. 21

Congresswoman visits O.C. Congresswoman Mimi Walters will speak to the South Orange County Economic Coalition at 7:15 a.m. Friday, Aug. 25 at the Orange County Association of Realtors, 25552 La Paz Road in Laguna Hills. Guests can sign up online at socchamber.com. Information: 949-600-5470. Skate park to temporarily close The Laguna Niguel Skate Park will […]

The salary you need to earn to buy a home right now in 23 of the most expensive US housing markets

In the second quarter of 2017, the US housing supply continued to lag, pushing home prices further upward, according to the National Association of Realtors (NAR). By the end of June, there were 1.96 million existing homes availableShow More Summary

Lawler: Early Read on Existing Home Sales in July

From housing economist Tom Lawler:Based on publicly-available local realtor/MLS reports from across the country released through today, I project that US existing home sales as estimated by the National Association of Realtors ran at...Show More Summary

The future of NAR: Action will be the measure, not words

I just spent a few days in Chicago with the National Association of Realtors. During my travel, I thoroughly enjoyed Brad Inman’s description of our “fat cat (leadership) gathering.”...

Orange County homes can be 27% more affordable than Realtors say

Using ultra-conservative math, the California Association of Realtors determined you need to earn almost $158,000 a year to afford the typical Orange County house. But with alternate financing, you can actually buy that that house with an income as low as $95,000 a year.

NAR CEO Bob Goldberg: Disrupters aren’t ‘the bogeyman’

Realtors can be a fearful lot, seeing threats in new technologies and new business models that might change the way they do business. The National Association of Realtors (NAR) has in some ways encouraged this mindset, often disparaging companies such as real estate tech giant Zillow Group. Show More Summary

July housing starts take turn for the worse

June's housing starts report was heralded as "welcome news" by National Association of Realtors (NAR) Chief Economist Lawrence Yun, who said increasing residential construction was the key to lowering home prices. This month, however, housing starts have taken a turn for the worse. ...

NAR pres-elect: ‘This ain’t your daddy’s association anymore’

“Oh my goodness... how did we get here?” National Association of Realtors (NAR) President-Elect Elizabeth Mendenhall asked the 2018 Leadership Summit crowd. “We’re here. There was some point in some time when someone came to you and said, ‘Do you want to serve in this position?’ And you said yes. Show More Summary

NAR warns of text message scam

The National Association of Realtors (NAR) has released a warning about a text message scam that asks members to pay a fine or sales tax on a prize....

How CEO Bob Goldberg plans to smash NAR’s ‘ivory tower facade’

The first thing that National Association of Realtors (NAR) CEO Bob Goldberg did upon addressing a crowd of association leaders at NAR's Leadership Summit today is grab a guitar...

Bay Area buyers need double the income to buy a home from five years ago

Realtors association complains of “severe lack of homes” for sale Blaming a “severe lack of homes for sale and high demand,” the California Association of Realtors (CAR) claims in a report released last week that it now takes almostShow More Summary

"Surban is the new suburban."

The National Association of Realtors would like to teach you a new word.You'll sound like you've been spending a lot of time in pubs and microbreweries if — instead of "suburban" — you say "surban."

Las Vegas Real Estate in July: Sales up 10% YoY, Inventory down Sharply

This is a key distressed market to follow since Las Vegas saw the largest price decline, following the housing bubble, of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported Southern Nevada...Show More Summary

NAR CEO Bob Goldberg readies to ‘embrace disruption’ on his first day

Today is Bob Goldberg's first day as CEO of the National Association of Realtors, and he wants the trade group's 1.2 million members to know his tenure is not going to mean business as usual...

Pending Home Sales Rose in June, Better Than Forecast

By Jill Mislinski – Today the National Association of Realtors released the June data for their Pending Home Sales Index. Here is an excerpt from the latest press release...

Pending home sales rebound in June as buyers act fast

Contract signings are up again, which means pending home sales are back in action. June's Pending Home Sales Index, a monthly forward-looking indicator measured by the National Association of Realtors (NAR), grew 1.5 percent to 110.2 in June from an upwardly revised 108.6 in May after declining for three straight months...

Your Online Profiles: Why You Need Them Now More Than Ever!

I read a fascinating stat recently from the National Association of Realtors Generational Report.  I was shocked to learn that over 92% of the Millennial Generation wants to use a real estate agent on their next real estate purchase or sale.  This is even higher than the desire of Baby Boomers to work with Real […]

Realtor.com hires Danielle Hale as new chief economist

Hale joins Realtor.com from the National Association of REALTORS®, where she worked as an economist and policy researcher during nearly a decade. Continue reading Realtor.com hires Danielle Hale as new chief economist at Property Portal Watch.

Home Sales Data Points to the Coming Bloodbath in US Housing Market

Every month the National Association of Realtors puts out a report that it calls “Existing Home Sales.” The financial “news” media dutifully reports the story as if it is news, when it is really history. Existing Home Sales is actually a rubber stamp figure from sales data we had a month or two before. Show More Summary

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