2020 Virtual Town Hall slides courtesy of Dr. Lawrence Yun

On June 25, Scottsdale REALTORS® hosted a Virtual Town Hall that included National Association of REALTORS® 2020 President Chief Economist Lawrence Yun. Below are some slide highlights and commentary (video presentation here). Blue: All-time low Mortgage Rates, averaging 3.1% | Orange: 10-Year Treasury Borrowing Rate Yun: “Both are moving very similarly, but the last data …

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Virtual Town Hall Highlights from June 25, 2020

On June 25, Scottsdale REALTORS® hosted a Virtual Town Hall with National Association of REALTORS® 2020 President Vince Malta, Chief Economist Lawrence Yun and Arizona REALTORS® Government Affairs Director Matt Contorelli. Below are some highlights. Malta: “REALTORS® are active participants in promoting Equality, Inclusion and Acceptance. Consider the story of the Scottsdale Area Association of …

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What Does Recovery Look Like?

Back in March, National Association of REALTORS® Chief Economist Lawrence Yun said, “I am optimistic that the (CARES Act) stimulus package will lessen the economic damage, and we may get a V-shaped robust recovery later in the year.” Economists often describe trends by shapes, such as V (steep decline, strong recovery), U (wider, less defined …

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