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In Memoriam: Peggy Sloan In lieu of flowers, the family asks that you donate to Alzheimer's Association in her memory. |
News and Information to Keep You a Step Ahead!
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In Memoriam: Peggy Sloan In lieu of flowers, the family asks that you donate to Alzheimer's Association in her memory. |
Orange County REALTORS® is dedicated to providing members with valuable market data to utilize in the business. In order to provide a quick glance at the housing market, an OC Market Snapshot for both detached and attached homes will be posted online each month. Members can use these graphics for marketing materials and listing presentations. Be sure to also review the Monthly Housing Summary for a more comprehensive look at the County. For a detailed look at over 180 neighborhoods throughout Orange County, use OC FastStats.
The days on market is increasing with 57 days for both detached (up from 51 days this time last year) and attached (up from 40 days last January).
The median sales price is up slightly for detached homes at $800,000 from $790,000 last month. Attached homes are dropping with a median sales price of $473,000 which is down from December when it was $499,000.
New Benefits to Help OC REALTORS® Members Combat Cyber Threats
Orange County REALTORS® is pleased to announce a new benefits package designed to provide our members access to an online, comprehensive suite of Cyber Security and Insurance solutions. These OC REALTORS® members only programs are being made available through our NEW Partnership with 360 CoveragePros at competitive rates.
Cyber and Data Breach Insurance Can Help Keep You In Business
OC REALTORS® Members – you are at risk – get coverage today!
It’s hard enough to run a business without having to consider the threat of a cyber-attack. But the reality is that threat is increasing every day... especially against real estate professionals. It’s time to insure this risk and make sure that your business is covered in the event of a cyber-attack or other type of data breach. Special OC REALTORS® member rates starting at $199 a year and includes a 24/7/365 Breach Response Hotline. Get coverage all online in minutes.
Get Cyber Liability Insurance Online Today.
Cyber Security And Data Breach Prevention Solutions
What would a successful cyber attack really cost you?
CyberSURE is an affordable and easy-to-use cyber security solution for real estate professionals. The CyberSURE platform provides a cyber risk assessment score which gives you visibility into your real cyber risks and provides breach prevention tools for you and your IT provider to help prevent a cyber breach.
Check back for an upcoming Training Webinar!
Orange County REALTORS® is dedicated to providing members with valuable market data to utilize in the business. In order to provide a quick glance at the housing market, an OC Market Snapshot for both detached and attached homes will be posted online each month. Members can use these graphics for marketing materials and listing presentations. Be sure to also review the Monthly Housing Summary for a more comprehensive look at the County. For a detailed look at over 180 neighborhoods throughout Orange County, use OC FastStats.
The average of inventory for detached homes was 2.9 months which is up 45% from December of last year. Attached homes inventory has doubled since last year with 2.9 months of inventory compared to 1.4 months last year.
The median sales price is beginning to drop off for detached homes at $790,000, down from $810,000 last month. Attached homes are also starting to plateau with a median sales price of $499,000 which is a minor decrease from November's $500,000.
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In Memoriam: Michael "Guido" W. Manginelli It is with great sadness that we mourn the loss of a long time Affiliate member, Mike Manginelli. Mike was a member since 1975. Our thoughts and prayers go out to his wife, Nancy and family. |
Orange County REALTORS® is dedicated to providing members with valuable market data to utilize in the business. In order to provide a quick glance at the housing market, an OC Market Snapshot for both detached and attached homes will be posted online each month. Members can use these graphics for marketing materials and listing presentations. Be sure to also review the Monthly Housing Summary for a more comprehensive look at the County. For a detailed look at over 180 neighborhoods throughout Orange County, use OC FastStats.
The average of inventory for detached homes was 3.3 months which is up 83.3% from November of last year. Attached homes inventory has increased to 3.5 months compared to 2.5 months in November of last year.
The median sales price is leveling off for detached homes at $810,000, up from $795,000 last year. Attached homes are also starting to plateau with a median sales price of $500,000 which is an increase of 3.1% from $485,000.
Nominations are now being accepted until January 4, 2019 for the Leadership Legacy Award.
Recipients of the Orange County REALTORS® LEADERSHIP LEGACY AWARD must have demonstrated a clear understanding that leadership is not only about being in charge but also about taking care of those in your charge. They must have demonstrated, in the words of Peter Drucker, the ability to “lift a person’s vision to higher sights, raise a person’s performance to a higher standard, and build a personality beyond its normal limitations.”
Recipients of this award must have during an extended period, exceeded expectations and gone well above and beyond to serve their community and the industry. The LEADERSHIP LEGACY AWARD will be presented during the Annual General Meeting of the Orange County REALTORS®.
If you know of an Orange County REALTORS® member who fits this description, please complete the Nomination Form and indicate your reasons for nominating this person. Include specific comments and examples in
each category.
Download Nomination Form
California Association of REALTORS® Senior Vice President and Chief Economist, Leslie Appleton-Young, presented the 2019 Housing Forecast on November 27, 2018 to Orange County REALTORS® members. You may view her presentation slides below.
Download Slides
Whether you are totally tech savvy at the keyboard or are often all thumbs when operating your cell phone, you’ll find something helpful in this issue as our writers explain how to use Instagram more effectively, how to design marketing material like a pro, and what happens when Artificial Intelligence meets Blockchain.
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Orange County REALTORS® is dedicated to providing members with valuable market data to utilize in the business. In order to provide a quick glance at the housing market, an OC Market Snapshot for both detached and attached homes will be posted online each month. Members can use these graphics for marketing materials and listing presentations. Be sure to also review the Monthly Housing Summary for a more comprehensive look at the County. For a detailed look at over 180 neighborhoods throughout Orange County, use OC FastStats.
The average of inventory for detached homes was 3.8 months. That is up from last year when it was 3.0 months of supply. Attached homes inventory has increased to 3.4 months compared to 2.1 months in September of last year.
The median sales price is leveling off for detached homes at $833,000, up from $800,000 last year but down from $840,000 just last month. Attached homes, however, continue to rise with a median sales price of $520,000 which is an increase of 6.1% from $490,000 last year and $507,900 last month.
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In Memoriam: Joe Vargas It is with great sadness that we mourn the loss of a very special man and member of the real estate community, Joe Vargas. Services will be held at Riverside National Cemetery on Friday, October 26 at 9:45 am. Riverside National Cemetery |
Do you know a super REALTOR®, Affiliate, or Volunteer? Each year, at the Annual Installation of Officers and Directors, we recognize one REALTOR® and two Affiliate members who exemplify professional excellence and service to the real estate community.
In addition, we will be honoring one member for exceptional volunteer service to the local community. This honoree also will be recognized at the installation on Wednesday, December 5 at Angels Stadium in Anaheim and will receive $250 for the community organization he or she designates.
Do you know someone—including yourself—who deserves to be honored in one of these ways?
Download and submit a form:
REALTOR of the Year Nomination Form
Affiliates of the Year Nomination Form
Volunteer of the Year Nomination Form
Completed forms may be emailed, faxed or mailed to either Orange County REALTORS® office. A single nomination ensures consideration. All nominations must be received by Monday, October 22, at 5:00 p.m.
Orange County REALTORS® is dedicated to providing members with valuable market data to utilize in the business. In order to provide a quick glance at the housing market, an OC Market Snapshot for both detached and attached homes will be posted online each month. Members can use these graphics for marketing materials and listing presentations. Be sure to also review the Monthly Housing Summary for a more comprehensive look at the County. For a detailed look at over 180 neighborhoods throughout Orange County, use OC FastStats.
The average of inventory for detached homes was 3.8 months. That is up from last year when it was 3.2 months of supply. Attached homes inventory has increased to 3.2 months compared to 2.1 months in August of last year.
The median sales price continues to rise for detached homes at $840,000, up from $795,000 last year and $832,000 just last month. Attached homes are up from last year with a median sales price of $507,900 which is an increase of 6.9% from $475,000 last year.
Below are copies of the presentation slides from Nerd Fest.
Blockchain in Real Estate by Mark Lesswing
When Artificial Intelligence Meets Blockchain by Aleksandar Veloski
Watch Video: Blockchain in Real Estate + When Artificial Intelligence Meets Blockchain
Watch Video: Panel Discussion and Q&A Session
By Tammy Newland-Shishido
2018 PRESIDENT, ORANGE COUNTY REALTORS®
As you may already be aware, the Orange County REALTORS® Board of Directors voted to change our official name from Orange County Association of REALTORS®—or OCAR, as we often were called—to Orange County REALTORS®. The Directors made this change primarily to emphasize the REALTOR® brand and all of us as members.
The National Association of REALTORS® estimates that the REALTOR® brand is worth $6 billion dollars, and we wanted to leverage it. By moving away from an acronym and using a name that places greater emphasis on the word REALTORS®, we will make the community more aware of who we are, where we live, and what we do.
We are Orange County REALTORS®!
Any major change requires time, dedication, and a vetting process. We started this process last year when we heard from branding experts about updating our image, logo, and name. We talked with many other Associations that have gone through rebranding at both the state and the national level. We had a task force whose members debated both sides of making a change and who gave direction to form another task force of leaders who had experience in rebranding.
Then, your Directors worked with our Management Team members and marketing consultants to design a new logo that would be both inclusive and reflective of our members. We also changed our tag line from “A Step Ahead” to “Association of Professionals” because that is who and what we are.
In our new logo, the orange represents the history of Orange County with its orange groves while paying homage to the sun shape that was part of our previous logo. The blue reflects professionalism and represents both the ocean and the sky. The buildings represent the various forms of real estate, including single-family, multi-family, and commercial. These forms move from small to large to signify our hope for continuing beneficial growth throughout Orange County. Finally, a single line connects all these elements to illustrate how real estate unifies the community.
We believe that this new logo says community and that we as REALTORS® are the ones who build communities. We hope you are as excited as we are about the new logo design and our fresh image. These changes were made to better represent and promote us all.
We are neither OCAR nor OCR; we are Orange County REALTORS®!
Disclaimer: Orange County REALTORS®' logo (or a derivative of its logo), appearing on www.OCAR.org and on its social networking pages, may not be used in any advertising, promotional material or to indicate endorsement or sponsorship without Orange County REALTORS®' written permission.
Orange County REALTORS® hosts seven weekly marketing meetings throughout Orange County for members to promote their listings and network. Recently our Huntington Beach meeting, led by facilitator Lori Jones with Central Escrow Group, raised money for another great cause.
“At our annual review to discuss the Preview Meeting, our group voted on numerous non-profits in our community [to contribute to] which included the Huntington Beach Council on Aging,” said Lori Jones. The Huntington Beach meeting previously raised money for donation to the HB Tree Society.
Huntington Beach Council on Aging gladly accepted their donation of $2,000. Ed Pinchiff, president of Huntington Beach Council on Aging, expressed his gratitude for the "kind donation." He offered an explanation of what HBCOA does for the community. "The Huntington Beach Council on Aging (HBCOA) is a non-profit 501 (c) 3 organization which seeks to enhance the dignity and quality of life of seniors. HBCOA supports local seniors and their families through many beneficial programs including those offered at the Senior Center in Central Park. HBCOA support includes a wide variety of services, classes, activities, and clubs designed to help seniors stay healthy and active. Our goal is to assist seniors with maintaining self-sufficiency and independence with dignity."
When asked what organization would be next up for donations, Jones said “We are now raising money for Catarina’s Club which serves meals and housing assistance to underprivileged children.”
To learn more about Orange County REALTORS® weekly marketing meetings, visit the webpage.
Orange County REALTORS® is dedicated to providing members with valuable market data to utilize in the business. In order to provide a quick glance at the housing market, an OC Market Snapshot for both detached and attached homes will be posted online each month. Members can use these graphics for marketing materials and listing presentations. Be sure to also review the Monthly Housing Summary for a more comprehensive look at the County. For a detailed look at over 180 neighborhoods throughout Orange County, use OC FastStats.
The average of inventory for detached homes was 3.7 months. That is up from last year when it was 3.3 months of supply. Attached homes inventory has increased to 3.0 months compared to 2.2 months in July of last year.
The median sales price has risen since last year for detached homes at $832,000 but is slightly lower than last month ($841,000). Attached homes continue to rise with a median sales price of $515,000 which is up 7.8% from $477,700 last year.