CCRE Reports

CCRE Journal Summer 2016 cover image

Journal of Case Study Research: A Publication of the Center for California Real Estate
Volume I / Issue I—Housing Affordability

The Journal of Case Study Research™ is a new publication from the Center for California Real Estate. The importance of housing affordability to the industry and the state of California as a whole is reflected in the solitary theme assessed by the contributors of this journal’s first volume. The case studies collected here present insightful commentary with a clear point of view, supported by research, data, and personal experience. The ideas range widely, but the common denominator is a solutions-based approach to ensure the state’s sizeable affordability problem is addressed from a variety of perspectives.

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Big Data and Real Estate: Adapting to the New Information Economy

C.A.R. Chief Technology Officer Josh Sharfman convened four experts for a special roundtable to discuss the applicability of big data to the real estate industry, as well as the future direction of the burgeoning field of data science. As the prevalence and usability of data science continues to grow across the real estate industry, it follows that REALTORS® must embrace big data to increase their value proposition and enhance relationships with clients.

Participants included Marty Frame, President of Realtors Property Resource® (RPR®); John Kelly, Managing Director of Berkeley Research Group; Sharran Srivatsaa, President and Chief Innovation Officer of Teles Properties, Inc., and Ryan Marshall, Chief Executive Officer of Benutech, Inc.

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Perspectives on the Health of the U.S. Economy: Restoring Balance to Housing's Ecosystem

C.A.R. Chief Economist Leslie Appleton-Young brought clarity to the economic and policy challenges that will shape the future of housing in a roundtable event with four leading economists, who shared their insights on housing’s importance to the growing momentum behind a healthier U.S. economy.

Appleton-Young was joined by Nela Richardson, Redfin Chief Economist; Jonathan Smoke, realtor.com® Chief Economist; Christopher Thornberg, founding partner of Beacon Economics; and Laurie Goodman, Director of the Housing Policy Finance Center at the Urban Institute..

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Data-Sharing Dilemmas: Ownership of Real Estate's Future

The Center convened a panel of experts concerning data management issues, and the incongruity between advancements in technology and the industry's outdated and restrictive infrastructure. The convening of the panel coincided with a newsworthy announcement from NAR, which will fund a joint project between NAR subsidiary Realtors Property Resource and a broker-backed initiative called Upstream.

The panelists discussed the implications of this news, and also engaged in substantive analysis of what ails the industry and the appropriate course of action for addressing real estate's data-sharing dilemmas.

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Disrupting Real Estate: The Impact of Technology and the Industry's Future

The Center recently convened a panel in July 2014 with top executives from the online portals Zillow, Inc., Trulia, Inc., and Move, Inc.’s Realtor.com. These executives shared their insights and expertise with C.A.R. CEO Joel Singer, who was pleased to be joined by Zillow’s Curt Beardsley, Vice President of Industry Development; Realtor.com’s Luke Glass, Executive Vice President of Industry Platforms; and Trulia’s Paul Levine, Chief Operating Officer.

The panelists shared their views on what lies ahead for real estate business, the current state of the industry in relation to technology, and what needs to occur for innovation to fully take root on a wide scale

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The Future of Housing Finance: Economic and Policy Insights

This executive report summarizes analysis from a roundtable with four leading economists and finance experts discussing the most pressing economic and regulatory issues facing the industry.

C.A.R. CEO Joel Singer was joined by Professors Janice Eberly, Edward Leamer, David Min, and Richard Green for this event, and we are gratified that they shared their invaluable expertise. The wide-ranging conversation covered market conditions, the financial recovery, mortgage finance, the regulatory environment, and housing policy.

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Tomorrow's Housing: The Future of California Real Estate

CEO Joel Singer was joined by three engaging experts for a  panel discussion on the future of housing. The panel addressed how future housing markets and public policy can reflect the needs and desires of Californians, and why addressing concerns about affordability and upward mobility will keep the American Dream of homeownership attainable.

Panelists included author Joel Kotkin, an internationally-recognized authority on global, economic, political and social trends; author Joe Mathews, California editor for Zócalo Public Square, a Los Angeles-based ideas exchange that combines daily humanities journalism and live events; and Perry Wong, director of research at the Milken Institute.

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Industry Leader Insights

The Center convened its first high-level roundtable with CEOs from top national brokerages to hear their thoughts on the state of the industry. That discussion is the basis of this report. C.A.R.’s CEO Joel Singer moderated the panel.

CCRE was honored to have the following participants: Sherry Chris, CEO of Better Homes & Gardens Real Estate LLC; Chris Heller, president and operating principal of Keller Williams Worldwide; Earl Lee, CEO of Prudential Real Estate; Budge Huskey, CEO of Coldwell Banker Real Estate; and Charlie Young, CEO of ERA Franchise Systems LLC.

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