Lawrence Yun Archive

3 Commercial Real Estate Trends to Watch in 2018

At the Commercial Economic Issues & Trends Forum on Friday, attendees got insights into how the economy and real estate market will interact over the next couple of years. Here are a few takeaways that can help guide your...

Is Property Ownership In Your Retirement Plan?

When you’re trying to pay your bills each month, it’s hard to think about retirement. But there are two things that can help you retire when the time comes. The first is owning your own home. It can be...
September 12, 2016

NAR Execs Make Most Influential List

Among those on Inman News’ latest list of the 100 Most Influential Real Estate Leaders were some familiar NAR faces, starting with 2013 president Gary Thomas, broker-owner of Evergreen Realty in Villa Park, Calif. I profiled Thomas in the...

Home Owners Add $760 B in New Home Equity

Existing-home sales are up 2.1 percent in October from the previous month and home prices are up more than 11 percent from this same time last year, to $178,600. Sales are being driven by strengthening fundamentals—the improving jobs picture,...
November 20, 2012

Jobs, Rising Rents Help Pending Sales Inch Up

NAR’s forward-looking pending home sales index showed a very small rise in September, just 0.3 percent, but it’s one more data point to suggest the recovery is solidly underway even if it remains modest. The rise represents the latest...
October 25, 2012

Signs of Recovery Despite Financing Hurdles

Signs continue to come in that the housing market is seeing slow but steady improvement, although overly tight lending standards continue to hold back the market given the amount of pent-up demand that’s out there. Existing-home sales increased 2.3...
August 23, 2012

Economic Hurdles Call for Team Mentality

Jamaican sprinter Usain Bolt captivated audiences with his speed and charisma during the 2012 Summer Olympics. You may have noticed “The Fastest Man in the World” slows his steps ever so slightly when approaching the finish line during his...

Housing Recovery: The Pieces Are There, But the Certainty Isn’t

Pieces are in place for housing to continue on its road to recovery but there remain plenty of uncertainties that can derail the market, NAR Chief Economist Lawrence Yun said at a conference earlier this week. Yun told more...
June 13, 2012

At the Bottom, but Maybe Not for Long

The Wall Street Journal today says the housing market nationally is bottoming out, the essential first step before it can start rising again. But the Journal is a little pessimistic that the upward bounce is coming any time soon....
April 30, 2012

Prices Up, Inventories Down

Existing-home sales last month were down slightly but they remain at about a 4.6 million level, as they have since January, so if that level holds for the remainder of the year we could see a strong 2012, NAR...
April 19, 2012