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Lawrence Yun

Type: Person

Name: Lawrence Yun

Title: Managing Director of Quantitative Research

Organization: National Association of Realtors

Nationality: United States

Fact Sheet: Biography for Lawrence Yun

First reported 4 hours ago - Updated 4 hours ago - 1 reports

Lawrence Yun

Housing opportunities abound but challenges remain

– The shape of housing markets has changed dramatically over time, and it will change again in the face of new housing opportunities and challenges, according to panelists at the “Challenges and Opportunities in Housing and Homeownership” session Friday ... [Published Florida Realtor - 4 hours ago]

Entities: Mortgages, Lawrence Yun, National Association of Realtors

First reported 12 hours ago - Updated 7 hours ago - 15 reports

Home Sales Up, Inventory Still Limited

Sales of existing homes eased up 0.6% in April to a seasonally adjusted annual rate of 4.97 million, according to a National Association of Realtors report released today.Although this marks an improvement over March's unrevised 0.6% slump, analysts had ... [Published Motley Fool - 7 hours ago]

Entities: Lawrence Yun, National Association of Realtors, watchlist

First reported 11 hours ago - Updated 8 hours ago - 1 reports

Ben Bernanke

Bernanke Hints That The Economy Still Needs Help

In the nearly impenetrable language that comes with his job, Federal Reserve Chairman Ben Bernanke told Congress Wednesday that even though the economy is doing better, the central bank needs to keep giving it a boost.The key passage from his prepared ... [Published NPR - 11 hours ago]

Entities: Ben Bernanke, Federal Reserve System, Lawrence Yun

First reported 12 hours ago - Updated 10 hours ago - 2 reports

National Association of Realtors

UPDATE 2: Existing-home sales highest since 2009

Today 12:47 PM ET (MarketWatch)PrintWASHINGTON (MarketWatch) -- Existing-home sales rose in April to hit the highest rate since November 2009, pointing to an ongoing recovery supported by low interest rates and pent-up demand, according to data released ... [Published TD Ameritrade - 10 hours ago]

Entities: National Association of Realtors, MarketWatch Inc, Ruth Mantell

First reported 10 hours ago - Updated 10 hours ago - 1 reports

US commercial market ‘will improve over next 18 months’

News : United States real estate specialists believe the commercial sector will continue to improve.Both volumes and sales were rising with most realtors at a mid-year conference believe things will get better over the next 18 months or so.In total, 58% ... [Published Overseas Property Professional - 10 hours ago]

Entities: Lawrence Yun, National Association of Realtors, Real Estate Broker, Prudential Connecticut Realty

First reported 11 hours ago - Updated 11 hours ago - 1 reports

Survey: The Number of Americans in Foreclosure Down 25 Percent

The number of Americans in the foreclosure process has fallen by nearly 25 percent in the past year.As home prices rise and sales pick up, the housing crisis is increasingly becoming a distant memory as the United States recovers from one of the worst ... [Published US News & World Report - 11 hours ago]

Entities: Foreclosure, Lawrence Yun, Glenn Kelman, National Association of Realtors

First reported 12 hours ago - Updated 12 hours ago - 2 reports

5 Reasons the Housing Market Will Keep On Rising

NEW YORK (TheStreet) -- Wall Street was abuzz over Home Depot (HD)"In the first quarter, we saw less favorable weather compared to last year, but we continue to see benefit from a recovering housing market that drove a stronger-than-expected start to ... [Published TheStreet.com - 12 hours ago]

Entities: Lawrence Yun, Frank Blake, Market, National Association of Realtors

First reported 12 hours ago - Updated 12 hours ago - 1 reports

Existing home sales highest since 2009

Year-over-year sales of existing homes rose for the 22nd consecutive month in April, while prices rose for the 14th month in a row.The National Association of Realtors says existing home sales last month were up 0.6 percent from March and 9.7 percent ... [Published Washington Business Journal - 12 hours ago]

Entities: Existing Home Sales, Lawrence Yun, National Association of Realtors

First reported 12 hours ago - Updated 12 hours ago - 1 reports

US April home resales rebound; slow supply growth weighs

Weak increases in available housing pushed prices to 2008 levels and dampened sales of previously owned homes last month.WBP Online correspondents in WashingtonDemand for previously owned homes rebounded less than anticipated at the start of the second ... [Published WBP Online - 12 hours ago]

Entities: National Association of Realtors, Lawrence Yun, Gross Domestic Product

First reported 13 hours ago - Updated 12 hours ago - 1 reports

Sales of Previously Owned U.S. Homes Climb to Three-Year High

Sales of previously owned U.S. homes rose in April to the highest level in more than three years as housing continued to gain momentum.Purchases (ETSLTOTL) of existing houses increased 0.6 percent to an annual rate of 4.97 million, the most since November ... [Published Bloomberg - 13 hours ago]

Entities: Lawrence Yun, United States, National Association of Realtors

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Commercial Real Estate Still Faces Challenges

-- Even as the economy picks up and the job market improves, the commercial real estate market faces a number of challenges, according Lawrence Yun, chief economist of the National Association of Realtors.Speaking at the Commercial Economic Issues & Trends ... [Published Floor Daily - May 21 2013]

Entities: Lawrence Yun, Commercial Real Estate Company, National Association of Realtors, Financier, Washington DC

First reported May 21 2013 - Updated May 21 2013 - 1 reports

It's An Inventory Problem, Stupid! Not Another Bubble

Sound the alarm! We're witnessing another real estate bubble. At least, that's what the mainstream financial press wants to scare us into believing. A recent Bloomberg article, entitled "Brooklyn to California Bubble Threat Grows in Rebound," recounts ... [Published Seeking Alpha - May 21 2013]

Entities: Lawrence Yun, National Association of Realtors, Real Estate, Jonathan Miller

Quotes

Lawrence Yun, NAR chief economist, said the market is solidly recovering. "the robust housing market recovery is occurring in spite of tight access to credit and limited inventory. without these frictions, existing-home sales easily would be well above the 5-million unit pace" he said. "Buyer traffic is 31 percent stronger than a year ago, but sales are running only about 10 percent higher...

»$ Despite Tight Credit and Inventories, Existing... [Published MortgageNewsDaily - 7 hours ago]

"The robust housing market recovery is occurring in spite of tight access to credit and limited inventory," said NAR chief economist Lawrence Yun. "without these frictions, existing-home sales easily would be well above the [current] pace."

Dow Falls After Housing Data and Bernanke Disappoint [Published Motley Fool - 8 hours ago]

...rates are continuing to keep affordability conditions at historically favorable levels," Lawrence Yun, NAR chief economist, said in a statement. "the bad news is that underwriting standards remain excessively tight, while renters are getting squeezed by higher rents."

Low Inventory Keeps Roof on Home Sales [Published HispanicBusiness.com - 9 hours ago]

"we anticipate that this will continue to fall based on the pipeline of distressed mortgages" said Lawrence Yun, NAR's chief economist

UPDATE 2: Existing-home sales highest since 2009 [Published TD Ameritrade - 10 hours ago]

More Content

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Housing opportunities abound but challenges remain [Published Florida Realtor - 4 hours ago]
Alachua County home sales continue hot trend, j... [Published Gainesville Sun - 4 hours ago]
Home Sales Up, Inventory Still Limited [Published Motley Fool - 7 hours ago]
»$ Despite Tight Credit and Inventories, Existi... [Published MortgageNewsDaily - 7 hours ago]
Dow Falls After Housing Data and Bernanke Disap... [Published Motley Fool - 8 hours ago]
April Home Sales Highest For The Month In 6 Yea... [Published Seeking Alpha - 8 hours ago]
Sales of existing homes hit highest level since... [Published The Hill - 9 hours ago]
Low Inventory Keeps Roof on Home Sales [Published HispanicBusiness.com - 9 hours ago]
Existing Home Sales and Prices Continue to Rise [Published Benzinga.com - 9 hours ago]
Existing-Home Sales, Prices Jump to Multiyear H... [Published DSNews.com - 9 hours ago]
NAR: Existing Home Sales Continue to Rise [Published Real Estate Channel - 9 hours ago]
UPDATE 2: Existing-home sales highest since 2009 [Published TD Ameritrade - 10 hours ago]
US commercial market ‘will improve over next 18... [Published Overseas Property Professional - 10 hours ago]
U.S. existing home sales up 0.6 percent in April [Published Zecco - 10 hours ago]
Homes Selling at Fastest Pace Since Boom [Published CNBC - 10 hours ago]
Existing home sales rose in April [Published Individual.com - 10 hours ago]
U.S. home sales rise in April [Published Los Angeles Times - 10 hours ago]
Existing US and Minnesota home sales flat durin... [Published Minneapolis Star Tribune - 11 hours ago]
Housing market continues to gain strength, late... [Published New Jersey Online - 11 hours ago]
Sales of previously owned U.S. homes climb to t... [Published Futures Magazine - 11 hours ago]
Bernanke Hints That The Economy Still Needs Help [Published NPR - 11 hours ago]
Existing-home sales remain below underlying demand [Published HousingWire.com - 11 hours ago]
Existing Home Sales Up in April [Published State Of The Markets.com - 11 hours ago]
Home sales keep rising in Northeast Ohio, natio... [Published Cleveland Live - 11 hours ago]
Existing-Home Sales Hit Highest Level Since Nov... [Published Wall St. Cheat Sheet - 11 hours ago]
Survey: The Number of Americans in Foreclosure ... [Published US News & World Report - 11 hours ago]
5 Reasons the Housing Market Will Keep On Rising [Published TheStreet.com - 12 hours ago]
Existing home sales highest since 2009 [Published Washington Business Journal - 12 hours ago]
Home sales continue to climb [Published Custer County Chief - 12 hours ago]
US April home resales rebound; slow supply grow... [Published WBP Online - 12 hours ago]

Blogs

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Existing-Home Sales Hit Highest Level Since Nov... [Published Wall St. Cheat Sheet - 11 hours ago] Existing-home sales in the United States increased to their best level in more than three years, but the housing market is still dependent on low interest rates and inventory levels. On Wednesday, the National Association of Realtors announced that ...
Forget Lowballing: Bidding Wars Return in Hot H... [Published The Curious Capitalist - Apr 30 2013] Are buyers being manipulated into overbidding for the relatively few attractive homes on the market? Earlier this year, the National Association of Realtors (NAR) announced that the number of homes for sale in the U.S. had reached a low not seen since ...
STOCKS RALLY, S&P CLOSES AT ALL-TIME HIGH: Here... [Published Clusterstock - Apr 29 2013] Remember when we were talking about a spring slump for stocks? First the scoreboard: Dow: 14,818, +1106.2 pts, +0.7%S&P 500: 1,593, +11.3 pts, +0.7%NASDAQ: 3,307, +27.7 pts, +0.8% And now the top stories: The stock market staged another impressive ...
Is the Housing Market Still Rebounding? [Published Wall St. Cheat Sheet - Apr 29 2013] Pending home sales climbed higher than expected last month, but supply issues are still weighing on contract activity.The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 1.5 percent to 105.7 in March, compared to ...
Is the Housing Market Still Rebounding? [Published Wall St. Cheat Sheet - Apr 29 2013] Pending home sales climbed higher than expected last month, but supply issues are still weighing on contract activity. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 1.5 percent to 105.7 in March, compared ...

Audio/Video

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Yun: Housing Starts Need to Be Ramped Up Greatly [Published FOX Business - Video - Feb 09 2013]
Yun: Going Off Cliff Hurts Housing Growth [Published FOX Business - Video - Dec 28 2012]