March 26, 1986
Existing single-family homes were sold at an annual rate of 3.27 million units in February, down slightly from January's pace, the National Assn. of Realtors reported. The association said sales dipped 0.9% last month, but part of the weakness was blamed on unusually severe weather in the Northeast and West. Sales had fallen 6.3% in January, but analysts said that even with the two monthly declines, the sales rate in February remained 13.1% above the level of a year ago.
March 25, 1990
Robert Bruss is lacking in knowledge and good sense, good common sense, when it comes to real estate brokerage and practices. For example, in the March 11 column, the subheading reads: "Why Does Realty Board Not Give Answer?" Instead of replying to that question, he castigates the board for being "uncooperative." Here are a couple of reasons for the board's response. I'm sure that a little more thought would provide others. 1--If any employee of any realty board responded by naming individuals or firms, that employee should be fired.
November 9, 1986 |
When Victor and Marcia Volinecs put their two-bedroom, one-bath Northridge home up for sale last September, they figured it would take only a month to sell. After all, they reasoned, the housing market is strong, interest rates are down and their particular home--listed for $94,950--was priced a few thousand dollars below other houses in the neighborhood. About 60 realtors showed up for the brokers-only open house on a Friday, the first day it appeared in the multiple listing service.
April 10, 1985 |
Fullerton real estate broker Carleton G. Clor has been elected chairman of Valencia Bancorp and its financially troubled subsidiary, Valencia Bank. Clor, a founding director of the Santa Ana banking company, replaces Valencia founder Ray L. Smith. Clor's appointment comes one day after the bank announced Smith's April 5 retirement, a realignment of bank management and layoffs of 15% of its work force.
May 12, 1985
Two Beverly Hills High School juniors have won savings bonds for their essays on "How Becoming a Homeowner Can Give Me a Voice in America's Future" in a contest sponsored by the Beverly Hills Board of Realtors as part of Private Property Week observed from April 29 to May 4. Fred Sands, president of the realty board, announced that Robert E. Allen and Anthony Rich will receive $300 and $200 savings bonds, repectively, for their entries and Allen's article will be submitted to the National Assn.
November 22, 1998 |
I had my picture taken with a snake at the annual convention of the National Assn. of Realtors in Anaheim a couple of weeks ago. No, no, it's not what you might think. This was a real snake, a 70-pound Colombian red-tailed boa named Baby, who was appearing on the arm of handler Peter Gros at the Mutual of Omaha booth. Gros hosts the "'Wild Kingdom" television show that Mutual of Omaha has been sponsoring for decades.
February 10, 1985 |
Thousands of homeowners each week must decide whether to allow a broker to place a lock box on their listed house. A lock box is a device that contains the key to a house and can be opened only with a special key carried by members of the Multiple Listing Service or with a combination known only by them.
CALIFORNIA | LOCAL
May 24, 2012 |
The battle for a San Bernardino County congressional seat has become a magnet for outside "super PAC" dollars. The June 5 primary election that pits Republican Rep. Gary G. Miller of Diamond Bar against Republican state Sen. Bob Dutton of Rancho Cucamonga has received close to $1 million in outside money, the most of any congressional race in the nation. By far, the greatest beneficiary has been Miller, who was elected to Congress in 1998 after making a fortune in home building.
March 23, 1986 |
The torrid housing market includes 51 million mature Americans, mostly married and without dependents. They are becoming increasingly significant in the home-buying market because they have a median annual income in excess of $38,000, own their present house with little or no mortgage and are demonstrating an increasing tendency to move into a new or different home. It's generally smaller and in a neighborhood near where they previously lived.
June 18, 1989 |
QUESTION: When are you going to expose the realtors? I thought they could be trusted. But my wife and I found out their so-called Code of Ethics is a joke. We made a $500 earnest money deposit to buy a house. The realtor assured us we should have no trouble getting a mortgage. After the seller accepted our offer, we learned mortgage interest rates had jumped. We couldn't qualify for even an adjustable-rate mortgage. When we asked for our $500 back, the realtor refused to refund it. I called the local Board of Realtors.