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BUSINESS
December 22, 2011 | By Alejandro Lazo, Los Angeles Times
The National Assn. of Realtors has revised sharply downward the number of homes it calculated were sold from 2007 to 2010, revealing a much weaker housing market than it had estimated. For 2010 alone, the trade group revised its estimate of home sales 14.6% lower than what it had previously reported — to about 4.2 million homes. Overall, sales and inventory reported by the group were reduced by 14.3% for 2007 through 2010, the association said Wednesday. The group gave several reasons for the revisions, including some sales that had been counted multiple times.
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BUSINESS
February 28, 2014 | By Andrew Khouri
Pending home sales remained essentially flat nationwide last month, indicating that tight inventory and high prices continue to weigh on buyers. The National Assn. of Realtors said Friday that its pending sales index rose 0.1% in January from the month before to a reading of 95. Since January 2013, the index fell 9%. Lawrence Yun, the Realtors group's chief economist, said that severe weather across much of the U.S. held back sales, but that it wasn't the only factor. QUIZ: How much do you know about mortgages?
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BUSINESS
September 16, 2012 | By Lew Sichelman
WASHINGTON — The National Assn. of Realtors, a political heavyweight with a million-plus members, has embarked on two initiatives to ensure that when key votes are taken at all levels of government, the Realtors' point of view will be heard loud and clear. As part of a broader consumer outreach strategy, the Realtors group for the first time will engage consumers directly through emails and browser ads that introduce the association as their ally in homeownership. The group also has launched a novel political-campaign school to help elect members to office on the local, state and national levels.
BUSINESS
November 25, 2013 | By Andrew Khouri, This post has been updated, as indicated below.
Signed contracts for existing homes fell nationwide in October for the fifth straight month, further evidence the housing market has slowed after a frenzied rebound earlier this year. The National Assn. of Realtors said Monday that its pending sales index, adjusted for seasonal swings, dropped 0.6% from September and was down 1.6% from its October 2012 level. The trade group said the government shutdown in early October, declining affordability and limited inventory curbed sales.
BUSINESS
October 8, 2009 | Melissa Rohlin
Home prices in California will increase slightly next year as buyers snap up foreclosures and other properties at the market's low end, the California Assn. of Realtors said Wednesday. At the same time, the number of purchases will decline slightly because there will be fewer of these foreclosures available. In its annual forecast, the Realtors group predicted that the median home price in California would rise 3.3% to $280,000 next year. Sales of houses and condominiums, it said, will decrease 2.3% to about 527,500.
BUSINESS
April 8, 1997 | LEO SMITH, TIMES STAFF WRITER
Members of the Ventura County Assn. of Realtors held an open house recently to mark the relocation of their headquarters to an office on Solar Drive in Oxnard. But more than simply finalizing a change of residence, the ribbon-cutting put the final touches on a reshaping of the west county real estate community. The Realtors association is the product of a merger, earlier this year, of the Realtors associations of Ventura, Camarillo and Oxnard.
REAL ESTATE
November 6, 2005 | Mary Umberger, Chicago Tribune
America's historic real estate boom is cresting, and the rate at which home prices appreciate should begin to slow significantly next year, according to the chief economic forecaster for the National Assn. of Realtors. It was the closest yet to an admission by the real estate industry that the bull market for housing may have run its course. "It's the peak of the boom," David Lereah said at the trade group's annual meeting, which ended here Monday. "But we're looking at a soft landing next year.
BUSINESS
November 11, 2011 | By Alejandro Lazo, Los Angeles Times
It's the silver lining of falling home prices: With low interest rates and cheaper housing, the percentage of Californians who could afford to buy a home increased in the third quarter, a real estate group said. The portion of households that could afford a home priced at the statewide median of $292,120 rose to 52%, up from 51% in the previous quarter, according to an index released Thursday by the California Assn. of Realtors. Beth L. Peerce, president of the group, said that one problem potential home buyers could face is tight credit.
BUSINESS
November 25, 2009 | Bloomberg News
California single-family home prices fell 3.2% in October from a year earlier, helping lift sales, the state Association of Realtors said. The median price for an existing, detached house fell to $297,500 from $307,210 a year earlier, the Los Angeles-based group said today in a statement. Prices gained 0.3% from the previous month, the association said. Sales of existing houses climbed 1% in October from a year earlier, the Realtors group said. The state is on pace to record 562,400 sales in 2009, based on the rate of transactions last month.
BUSINESS
February 24, 2008
If there were a silver lining in the high foreclosure rate caused by the sub-prime mess, perhaps it might be that these now-vacant homes could be sold as affordable housing. ("Realtors group finds a silver lining," Feb. 20.) Just as communities require developers to set aside many new units to be sold as below-market housing, so also should communities require banks that foreclose [on properties] to sell the homes at below-market prices with a special emphasis on providing homes to public servants such as teachers, police and firefighters.
NATIONAL
November 16, 2013 | By Mary Ellen Podmolik
No Coke. No fries. No desire to change things. The Billy Goat Tavern has been a Chicago landmark for generations and a fixture under North Michigan Avenue for almost 50 years. And its owner wants to remain there, regardless of whatever redevelopment goes on above it. Sam Sianis, who runs the tavern and is the nephew of the Billy Goat's original owner, William Sianis, said he knew nothing of potential plans for a massive redevelopment disclosed Monday that would involve replacing the Realtor Building, on property located above the Goat.
BUSINESS
September 19, 2013 | By Andrew Khouri
Sales of previously owned homes rose in August, reaching the highest level in more than six years, according to a new report. Sales of existing single-family houses, townhomes, condos and co-ops  climbed 1.7% on a seasonally adjusted annual rate from July, the National Assn. of Realtors said Thursday. August's rate of 5.48 million units is 13.2% ahead of the same month a year ago. The median sale price for resale homes rose 14.7% from last year to  $212,100, the biggest year-over-year gain since the bubble days of 2005.
BUSINESS
September 16, 2012 | By Lew Sichelman
WASHINGTON — The National Assn. of Realtors, a political heavyweight with a million-plus members, has embarked on two initiatives to ensure that when key votes are taken at all levels of government, the Realtors' point of view will be heard loud and clear. As part of a broader consumer outreach strategy, the Realtors group for the first time will engage consumers directly through emails and browser ads that introduce the association as their ally in homeownership. The group also has launched a novel political-campaign school to help elect members to office on the local, state and national levels.
BUSINESS
June 22, 2012 | By Tiffany Hsu, Los Angeles Times
Sales of existing homes slid 1.5% in May compared with April but were up substantially from a year earlier, and property prices climbed, the National Assn. of Realtors said. Last month, resales slipped to a seasonally adjusted annual rate of 4.55 million, down from 4.62 million in April but up 9.6% from May 2011, the group said. The median price soared to $182,600, up 7.9% from a year earlier, marking the third consecutive month with a year-over-year gain — the first trifecta since 2006.
BUSINESS
December 22, 2011 | By Alejandro Lazo, Los Angeles Times
The National Assn. of Realtors has revised sharply downward the number of homes it calculated were sold from 2007 to 2010, revealing a much weaker housing market than it had estimated. For 2010 alone, the trade group revised its estimate of home sales 14.6% lower than what it had previously reported — to about 4.2 million homes. Overall, sales and inventory reported by the group were reduced by 14.3% for 2007 through 2010, the association said Wednesday. The group gave several reasons for the revisions, including some sales that had been counted multiple times.
BUSINESS
November 11, 2011 | By Alejandro Lazo, Los Angeles Times
It's the silver lining of falling home prices: With low interest rates and cheaper housing, the percentage of Californians who could afford to buy a home increased in the third quarter, a real estate group said. The portion of households that could afford a home priced at the statewide median of $292,120 rose to 52%, up from 51% in the previous quarter, according to an index released Thursday by the California Assn. of Realtors. Beth L. Peerce, president of the group, said that one problem potential home buyers could face is tight credit.
BUSINESS
October 26, 2008 | Peter Viles
Sales of existing single-family houses climbed 82% in the San Fernando Valley in September as median prices fell by 37% from year-earlier levels, the Southland Regional Assn. of Realtors reported last week. Median prices paid for single-family homes fell to $392,500, down from $425,000 in August and $623,700 a year earlier. Median prices in the Valley have now rolled back to July 2003 levels. Realtors in the area believe the jump in sales is the beginning of a recovery for housing.
BUSINESS
June 22, 2012 | By Tiffany Hsu, Los Angeles Times
Sales of existing homes slid 1.5% in May compared with April but were up substantially from a year earlier, and property prices climbed, the National Assn. of Realtors said. Last month, resales slipped to a seasonally adjusted annual rate of 4.55 million, down from 4.62 million in April but up 9.6% from May 2011, the group said. The median price soared to $182,600, up 7.9% from a year earlier, marking the third consecutive month with a year-over-year gain — the first trifecta since 2006.
BUSINESS
October 25, 2010 | Reuters
Sales of previously owned U.S. homes rose in September but remained at subdued levels that did little to undermine the case for additional monetary stimulus next week from the Federal Reserve. Home resales increased for a second straight month, rising 10% from August to an annual rate of 4.53 million units, the National Assn. of Realtors said Monday. Although the increase far exceeded economists' expectations for a 4% rise to a 4.30-million-unit pace, they remained below the 5-million-unit pace normally associated with a healthy market.
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