Author Archive

What is California’s Pent-Up Demand?

By Selma Hepp, Ph.D., Senior Economist California Association of Realtors, Research and Economics As the housing market shows signs of improvement, a looming question keeps repeating: What is the size of pent-up demand? Answering that question is not easy....
August 1, 2012

MVP Offer: Complete a Brief Survey, Earn Free 2012 Member Profile

July 16-31st, 2012 The Research Department is proud to provide this offer as part of the Member Value Plus (MVP) program, a rewards program where members can take action on a new offer every two weeks, beginning the 1st...
July 16, 2012

Constant or Higher Prices on Recent Transactions

By Gay Cororaton In the latest data from the Realtors® Confidence Index, 62 percent of respondents to the RCI reported constant prices (30 percent of respondents) or rising prices (32 percent of respondents) compared to a year ago on...
June 29, 2012

Cash Sales: 28 Percent of Residential Sales

By Gay Cororaton The May Realtors® Confidence Index reports that the percentage of cash sales declined to 28 percent in May, from 29 percent in April for residential properties. The high preponderance of all-cash sales appears to be due...
June 27, 2012

Jobless Claims

By Gay Cororaton In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses unemployment insurance claims and home prices....
June 21, 2012