Video & Recap: NAWRB Women’s Economic Growth, Investments & Homeownership

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Thank you to everyone who attended our NAWRB Women’s Economic Growth, Investments & Homeownership event in Irvine, CA on April 30th! A splendid, energetic group of potential homebuyers and real estate professionals gathered at the Lutron Training Center to hear invaluable information about how to serve women and veteran markets, acquiring capital investment opportunities and leveraging current trends in women’s homeownership.

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Existing Home Sales Increase 5.6 Percent in November

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According to the National Association of Realtors® (NAR), the sale of existing homes increased for the third straight month in November, reaching the strongest pace in over a decade. The West was the only major region to not experience a surge in buying activity last month. Total existing home sales—completed transactions of single-family homes, townhomes, condominiums and co-ops—increased 5.6 percent to a seasonally adjusted annual rate of 5.81 million in November.

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Women’s Homeownership: Dream, Stability, Sanctuary

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On December 2, 2017, NAWRB held its event, Women’s Homeownership: Dream, Stability, Sanctuary, revealing impacting women’s homeownership deliverables and top emerging markets in the housing ecosystem with expert speakers Desirée Patno, CEO and President, NAWRB; Hope Atuel, Executive Director, AREAA; Yolanda Lujan, Vice President, Chief Business Officer, NeighborWorks OC; Vanessa Montanez, Regional Vice President of Business Development, On Q Financial; and Hyepin Christine Im, Founder, FACE/KCCD.

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Homeownership Rate Increases in the 3rd Quarter 2017

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According to the U.S. Census Bureau’s latest “Quarterly Residential Vacancies and Homeownership” release, the U.S. homeownership rate increased to 63.9 percent in the third quarter of 2017. This rate was not statistically different from those of the second quarter 2017 (63.7 percent) or the third quarter 2016 (63.5 percent).

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1 in 5 Americans Say American Dream is “Out of Reach”

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According to a recent survey from the Pew Research Center, most Americans believe they have achieved the American Dream or are on their way to achieving it. While the American Dream means different things to different people, only 17 percent of respondents believe it is “out of reach” for their family.

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New Home Sales Surge in September 2017

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The sale of new homes increased to the fastest pace in 10 years, according to the U.S. Census Bureau and Department of Housing and Urban Development (HUD). New single-family home sales rose in September 2017 to a seasonally adjusted annual rate of 667,000 sales, marking an 18.9 percent increase from the 561,000 new homes sales in August and a 17 percent spike from the 570,000 new homes sold in September 2016.

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Desirée Patno Speaking at NAR Expo, The Value and Power of Women’s Homeownership Panel, November 4, 2017, 11 AM-12 PM

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The National Association of REALTORS® Conference & Expo: The Sky’s the Limit, November 3-6, 2017, will ignite Chicago with an expected 20,000 attendees and four days of educational sessions, recognized speakers and unlimited networking opportunities. With a trade show floor featuring over 400 exhibitors, the event will focus on helping attendees elevate their business and careers to new heights.

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Desirée Patno Speaking at NAR Expo, The Importance of Diversity Classification Panel, November 3, 2017, 2-3 PM

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The National Association of REALTORS® Conference & Expo: The Sky’s the Limit, November 3-6, 2017, will ignite Chicago with an expected 20,000 attendees and four days of educational sessions, recognized speakers and unlimited networking opportunities. With a trade show floor featuring over 400 exhibitors, the event will focus on helping attendees elevate their business and careers to new heights.

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Jumpstarting Your Career & Business in the Housing Ecosystem

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As a professional in the housing ecosystem, it is crucial to think outside the box and utilize the resources at your disposal to grow and advance your business and career. Analyzing your market, familiarizing yourself with the competition and crafting a superior business plan are great first steps, but pioneering decisions are what will make or break you in the market.

Adapting to the changing times, leveraging your differences, preparing for the future of the market and surrounding yourself with people invested in your success will help you seize opportunities for advancement.

Balancing New School and Old School
If you consider your favorite products, are they the “best” or the most inexpensive choices on the market? Or, have you developed a relationship with a particular brand that you buy because it has done right by you? Similar to your preferred items, your business can become the go-to for customers.
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