California Association of Realtors

Jordan Levine blog

Rent Increases and Migration with Jordan Levine #626

Bruce Norris is joined this week by Jordan Levine. Jordan is the Senior Economist at the California Association of Realtors. They are a statewide trade organization of real estate professionals with more than 190,000 members. Jordan started in the research and economics department of CAR in 2016. As Senior Economist at CAR, Jordan analyzes housing …

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Upcoming Propositions With Steve White #609

On Friday, September 28, the Norris Group proudly presents its 11th annual award-winning black-tie event, I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, tech disruption, and opportunities emerging for real estate professionals. All proceeds from the event benefit Make A Wish and …

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Jordan Levine blog

Building In California With Jordan Levine #607

On Friday, September 28, the Norris Group proudly presents its 11th annual award-winning black-tie event, I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, tech disruption, and opportunities emerging for real estate professionals. All proceeds from the event benefit Make A Wish and …

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“When I Was Young and Looking To Buy A House…”

Today’s News Synopsis: Why is Avocado Toast synonymous with Millennials?  The NAHB reported an increase in builder confidence for the month of May, which now stands at 70.  The group paying a lot more in mortage costs, over $20,000, are homebuyers with low credit scores. In The News: PR Newswire – “Strong wage growth and steady …

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“Taking MID Would Be Worthwhile On Only 5% of U.S. Homes” – Zillow

Today’s News Synopsis: Real Estate industry is weighing in on proposed tax changes.  Housing affordability is at its lowest in ten years according to the California Association of Realtors, down to 28% from the second quarter and 31% in the third quarter of 2016.  Home prices on metropolitan homes increased 5.3% in the quarter. In …

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Just Leave It By The Door. No, No, Just Inside The Door

Today’s News Synopsis: Amazon wants to let themselves in, with your permission of course.  New home sales increased 18.9% in September while pending sales decreased for the third straight month by 6%.  More and more people are choosing to rent as they are finding it more affordable. In The News: Freddie Mac – “New Freddie Mac …

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Popular Mortgage Deduction Could Get a Haircut

Today’s News Synopsis: They won’t really touch the mortgage interest tax deduction….right?  3D photography now allows customers to see even more detailed pictures of a home as if they are on location.  The Commerce Department reported new home sales decreased last month to their lowest in 7 months, down 9.4% month-over-month and 8.9% year-over-year to …

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“Sellers Need a Trusted Adviser (Realtors) They Can Lean On”-Zillow

Today’s News Synopsis: Instant Offers:  Zillow tells you what it is, isn’t, what they learned and where it’s going.  Housing affordability is lower with increased home prices and tight inventory, standing at 29% compared to 32% in the first quarter.  Mortgage rates also decreased again with 30-year rates at 3.9% and 15-year rates at 3.18%. …

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