Pending home sales fell slightly in August and have now decreased on an annual basis for eight straight months, according to the National Association of Realtors®. The Pending Home Sales Index,  a forward-looking indicator based on contract signings, decreased 1.8 percent to 104.2 in August from 106.1 in July. With last month’s decline, contract signings […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the Federal Reserve decision to raise interest rates: “The era of super-low mortgage rates is over and consumers will face higher interest rates over the next two years. Another rate hike by the Fed is almost certain before year’s end, along with three further rounds […]

As a part of Realtor® Safety Month, the National Association of Realtors® released its 2018 Member Safety Report, which surveyed over 3,000 Realtors®, members of the National Association of Realtors®, about how safe they feel while on the job, their personal safety experiences and the safety procedures they follow. The report found that nearly a […]

The National Association of Realtors® is proud to introduce the Center for REALTOR® Financial Wellness, a new resource designed exclusively to meet the specific financial planning needs of Realtors® – members of the National Association of Realtors®. This comprehensive program includes education materials and resources for wealth building, business planning and investing in real estate. […]

It is that time of year again to review and update our Bylaws for the Oklahoma Association of REALTORS®. Read the proposed bylaws changes (that includes each change rationale): Please contact Jessica Hickok with any questions or concerns at We will be voting on this at our annual membership meeting, that will be immediately following […]

The 2019 Slate of Officers & Directors is now available: Please contact Jessica Hickok with any questions or concerns at Please join us for the election at our Annual Membership Meeting, immediately following the Board of Directors Meeting, held on Wednesday, October 10, 2018 at 9:00 a.m. Location: Sheraton Hotel Downtown OKC (1 N Broadway Ave, […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Bureau of Labor Statistics (BLS) report on the employment situation in July: The economy is rolling along and jobs are being created. Though the latest monthly net new job gains of 157,000 is a bit light compared to recent past months, the one-year total […]

National Association of Realtors® President Elizabeth Mendenhall released the following statement after the U.S. House vote on legislation extending flood insurance funding: “Flooding is the most common and costly natural disaster in the United States. Without an extension of authority, the National Flood Insurance Program cannot write or renew flood insurance in 22,000 communities nationwide. The bill passed by […]

Existing-home sales decreased for the third straight month in June, falling 0.6 percent to 5.38 million sales as declines in the South and West exceeded sales gains in the Northeast and Midwest, according to the National Association of REALTORS®. The ongoing supply and demand imbalance helped push June’s median sales price to a new all-time […]

The Oklahoma Association of REALTORS® (OAR) is proud to have developed a strong, positive relationship with members of the legislature. Our State Legislative Advocates (SLA) enhance this connection by building our member’s personal relationship with their own state legislators. Outside the legislative session, OAR will send bi-weekly updates with insights, political notes and information specifically […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Bureau of Labor Statistics (BLS) report on the employment situation in June: “A total of 213,000 net new jobs in June and 2.4 million over the past 12 months reflects a strong rolling economy. The latest month’s solid job additions mean further increase in […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the Case-Shiller National Home Price Index report: “Home price growth remains strong across the country as reflected in the Case-Shiller Home Price Index, with a 6.4 percent gain from a year ago. The ongoing housing shortage has been pushing up home prices well above income […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the release from the U.S. Commerce Department on May new home construction: “New home construction activity soared to its highest level in over a decade, which is fantastic news as more housing inventory will be available as the year proceeds. Moreover, construction and real estate […]

Building a high-converting lead capture system is appealing to many real estate agents, but the process of building the lead forms and pages can be a complex and daunting process. It’s doesn’t need to be this way. After all, as a REALTOR® you have access to RPR reports, which work great as a lead magnet—the […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Bureau of Labor Statistics (BLS) report on the employment situation in May: “Housing demand will be supported by the continuing job gains even as mortgage rates rise. The latest monthly job addition of 223,000 brings the total net new job creations over the past […]

Go back to LeadershipOAR page We realize that this is a long application. If you would rather fill out a PDF and email it to us click here. Note: Your application will be incomplete without your $195 application fee. You can either pay the fee online or mail a check to: Oklahoma Association of REALTORS® ATTN: […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the morning’s U.S. Commerce Department report on Q1 GDP: “The continuing economic expansion assures further job creations and household formations. However, the latest GDP growth rate (of 2.3%) is short of what is possible. Residential investment spending showed zero growth because single-family and condominium construction have not […]

After two straight months of declines, existing home sales climbed 1.1 percent in March but it was a familiar story as low inventory and high prices kept sales activity to a level lower than a year ago, according to NAR. As NAR Chief Economist Lawrence Yun explained during this morning’s press conference, gains last month in the […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the S&P/Case-Shiller release on February home prices: “There is no let-up to rising home prices. The Case-Shiller Index and National Association of Realtors® median home price both show gains of roughly double the average wage growth. Even as the tightening job market is starting to boost incomes, […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Bureau of Labor Statistics (BLS) report on the employment situation in March: “The March jobs report was a bit soft, and first quarter GDP growth rate also looks to be weak. Heavy snow in parts of the country, and the uncertainty related to potential […]

When it comes to cyber security, ransomware attacks made the most news last year. However, an almost equal threat comes from within an organization. Accidental breaches caused by employee error and third-party suppliers accounted for 30 percent of all breaches during the first half of 2017, according to a report from Beazley. Breaches that resulted […]

RPR’s Market Activity report is an ideal option for agents who want to create enduring and results-oriented relationships through social media. The report presents a snapshot of changes in a local real estate market based on listing and MLS information, and includes active, pending, sold, expired, distressed, new for lease, and recently leased properties, as […]

According to a report by the National Association of Realtors®, despite the abundance of publicly-accessed property data, more homebuyers and sellers are seeking counsel from real estate agents. In fact, nearly 90 percent of buyers purchased their home through a real estate agent or broker in 2016 — a dramatic increase from 69 percent in […]

A look back at our 2017 REALTOR® stories reveals compelling and insightful strategies for creating workplace efficiencies, earning client trust, and generating new business –– all while leveraging the data and reports found within Realtors Property Resource® (RPR® ). The accuracy of the data obtained by consumers, and the availability of the most up-to-date data, is a point […]

Introducing RPR Connect:  a new Facebook Group. RPR Connect is an interactive forum that connects REALTORS®, Brokers/Owners, and other industry leaders who want to keep ahead of the curve. RPR Connect provides an open, professional dialogue for real estate pros who want to share their RPR success strategies as well as those who want quick answers to their RPR-related […]

Following is a statement from National Association of Realtors® Chief Economist Lawrence Yun on the proposal to impose tariffs on steel and aluminum and the potential impact on residential real estate: “International trade requires reciprocal understanding of mutual interests. Trade has to be fair and intellectual property rights have to be respected on both sides. Still, the proposed […]

In October, a Massachusetts landlord who refused to rent to pregnant women or families with minor children was found guilty of violating the federal Fair Housing Act and fined $40,000. The same month, the Fair Housing Justice Center in New York sued a landlord for allegedly quoting higher rental rates to black prospective tenants, rejecting applicants with public rent […]

The following is a submitted Letter to the Editor by NAR President Elizabeth Mendenhall addressing the highly debatable claim made last week by a USA Today guest columnist that homeownership is a lousy investment. This letter to the editor in support of homeownership was published in today’s print edition of USA Today: (Click image to view readable […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Commerce Department release on Gross Domestic Product (GDP) in the fourth quarter: “The economy expanded at a respectable rate of 2.3% in 2017. That’s a good comeback considering a very weak start of only 1.2% growth in the first quarter. The housing market performed […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Commerce Department release on residential construction in December: “The latest decline in the volatile housing starts data is disappointing, but surely not lasting. New home construction still closed out 2017 as expected, with 1.2 million units – the best since 2007. Given that the sales […]

National Association of Realtors® President Elizabeth Mendenhall issued the following statement in response to the shutdown of the federal government: “The government shutdown will have an impact on real estate transactions should it continue for an extended period of time.  The National Association of Realtors® urges Congress to come together and reach an agreement to reopen the government and […]

The New Year is almost here, and no doubt you’ve thought long and hard about your company goals for 2018. But are they SMART goals (S-specific; M-measurable; A-achievable; R-realistic; T-timely)? In order to realize your SMART goals, you’ll have to get into a healthy business routine. Here are seven habits to consistently practice every day […]

The U.S. House and Senate have passed sweeping tax reform legislation that is expected to have a major impact on housing markets. The bill will go to President Donald Trump now that the House has passed the bill a second time to accommodate small, last-minute changes made in the Senate. The bill is an improvement for […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Commerce Department report on November housing starts: “A welcoming trend is developing in the housing sector as builders are able to bring more supply to the market on a consistent basis. The latest monthly figure of near 1.3 million annualized housing starts is solid, and […]

In what reflects the significant amount of pent-up demand in today’s housing market, existing-home sales surged in November to their strongest pace since December 2006. Good news was also found in November’s pending sales data.  Whether it’s been weakening affordability, low supply or hurricanes, sales have been somewhat sluggish since the summer. That changed last month. Looking at […]

Productivity was the name of the game for RPR users in 2017. The Platform introduced scores of new tools and features that make a real estate agent’s business day a little better, from simple solutions like voice-to-text transcription to the ability to create a CMA using your phone. Here are the most popular enhancements from […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Bureau of Labor Statistics report on employment conditions in November: “November marked another impressive month for the labor market, adding up to now over 2 million net new jobs over the past 12 months.  From the deep recession in 2010, 17 million new jobs […]

The following statement is NAR Chief Economist Lawrence Yun’s reaction to the Federal Reserve’s decision today to raise short-term interest rates, as well as what it means for the economy and housing in 2018: “There will be juice added to the economy in the months ahead as a result of the expected passage of a massive tax […]

We are launching a voter registration drive to increase REALTOR® participation and influence in the political process! Nearly 80 percent of all REALTORS® are registered to vote, but we can do better. While you may be registered, we would like you to consider taking one of the following actions: If you know that you are NOT registered, and […]

Go back to LeadershipOAR page We realize that this is a long application. If you would rather fill out a PDF and email it to us click here. Note: Your application will be incomplete without your $195 application fee. You can either pay the fee online or mail a check to: Oklahoma Association of REALTORS® ATTN: […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the S&P/Case-Shiller release on September home prices: “Home prices, after multiple years of fast growth, still show no signs of cooling because of the ongoing housing shortage in much of the country. The latest Case-Shiller price growth of 6.2% on a nationwide basis marks the strongest rise […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Commerce Department report on residential construction in October: “The South region is quickly getting back on its feet with a big jump in new housing starts, after a pause in the prior month from the aftermath of the hurricanes. The Midwest and the Northeast […]

Prospective first-time buyers in recent years have had to navigate several obstacles on their path to homeownership, including higher rents and home prices, tight inventory conditions and repaying student loan debt. These impediments are a big reason why first-timers were only 34 percent of all transactions in the National Association of Realtors®’ 2017 Profile of Home Buyers […]

The Oklahoma Association of REALTORS® YPN has organized a state wide toy drive for 2017. OAR will be an official drop off point for Marine Corps Toys For Tots along with several other local boards across the state. Please bring a new, unwrapped toy to OAR’s office by 12/1 or any of the others in the list […]

It was one of the most coveted tickets to nab during the REALTORS® Conference & Expo this week: The YPN speakeasy networking event in Chicago at a 1920s-era lounge cleverly named Untitled. About 400 members gathered face-to-face with their peers from across the country to celebrate the ninth annual Network of the Year Awards. A […]

Leading power brokers shared their strategies for effectively reaching and engaging with consumers during a session titled, “New Strategies for Engaging Consumers,” during the 2017 REALTORS® Conference & Expo. REALTORS® and brokers from across the country listened as the panel discussed the importance of utilizing new technology and social media , automating as many processes as you can and […]

NAR Chief Economist Lawrence Yun presented his 2018 economic and housing forecast at the 2017 Realtors® Conference and Expo in Chicago. Yun expects existing-home sales to rise 3.7 percent next year. However, there are some caveats. Low supply could continue to suppress sales, especially to first-time buyers, and the passage of a tax bill that disincentives homeownership […]

The following is NAR Chief Economist Lawrence Yun’s reaction to reports on the U.S. homeownership rate in the third quarter and August home prices (S&P/Case-Shiller). “The American Dream of home ownership remains elusive, as the third quarter figure shows little change in the overall  rate. The reason is simple. There is just not enough supply of homes to […]

Learn about the new OREC forms that are required as of Nov 1. Also, don’t forget to register your team names! Geoffrey Long, OAR’s in-house legal counsel walks you through the updates in this short video. Find the forms and get more information on www.ok.gov/orec

Every Realtor® has run into it once or twice. Encounters with sellers who are less than forthcoming about their property’s shortcomings, including withholding facts about the outstanding mortgage. “Those kinds of surprises are detrimental to closing the deal,” says Andrew Balalovski, broker and owner of Balalovski Real Estate in Reynoldsburg, Ohio. “So before I ring a […]

The following is NAR Chief Economist Lawrence Yun’s reaction to the U.S. Commerce Department release on September housing starts: “The one month fall in new home construction, especially in the South region in light of Hurricane recovery, is understandable. What is frustrating and hard to comprehend is the drop in total permits in the West region. […]