Jon Lansner

Business Columnist for O.C. Register/Southern California News Group.

[Jon Lansner @jonlan]

This number amazes me: US homebuying pace, sales as a share of households, is at a 40-year low. Sounds kinda like a “crash” to me! (cc: @JohnWake @NewsLambert @mikesimonsen)

[Jon Lansner @jonlan]

@mikesimonsen Could any of this listings drop be tied to all the MLS “controversy” over what/when homes can be listed? Are this year’s numbers actually comparable to previous years? If nothing else, this mess may scare off some sellers.

[Jon Lansner @jonlan]

@NewsLambert @JohnWake It’s all about the lots.

[Jon Lansner @jonlan]

@NewsLambert Warren is no longer day-to-day CEO … This will be a big test of the new guy’s smarts!

[Jon Lansner @jonlan]

@latsondheimer Congrats on your excellent work!

[Jon Lansner @jonlan]

@NewsLambert @ResidentialClub Last time lower? 2011!

[Jon Lansner @jonlan]

@mikesimonsen @jimmydean197 By the same logic dismissing an uptick in late mortgages as expected, any 2026 home sales increase isn’t worth much as it’s a rebound off significant lows. Yes?

[Jon Lansner @jonlan]

@NewsLambert @ResidentialClub Weakest April in FIFTEEN years!

[Jon Lansner @jonlan]

@mikesimonsen US job growth is now one-sixth of historical norms. Good luck getting a new paycheck if you lose your current one!

[Jon Lansner @jonlan]

@NewsLambert What’s the secret sauce behind swings in home prices? I say “Jobs! Jobs! Jobs!” (cc: @JohnWake) See why here: https://t.co/Wtewhx3oQD

[Jon Lansner @jonlan]

@housereports Sales are NOT demand. Sales are the result of the interaction of supply and demand — and price. And homes are badly overpriced. Demand is better tracked by watching the job market. https://t.co/hGBr1R0YcS

[Jon Lansner @jonlan]

@NewsLambert @ResidentialClub That’s 20% below average.

[Jon Lansner @jonlan]

@NewsLambert When new homes were once affordable, they were primarily built by modest-sized privately owned regional companies. Now the industry is dominated by Wall Street-backed giants. Affordability is gone. Coincidence?

[So Cal News Group @SoCalNewsGroup]

SCNG is honored to be recognized as a finalist for the @PulitzerPrizes in Breaking News Reporting for our coverage of the Eaton and Palisades fires. Congratulations to the entire news staff for this well-deserved recognition. Read more: https://t.co/zNGJYqUg6Z

[Jon Lansner @jonlan]

@JohnWake I believe NAR recently said 40% of realtors are real estate investors, too.

[Jon Lansner @jonlan]

@JohnWake The landlord advocates’ math is a classic example of what’s wrong with most real estate analysis: it’s myopic, looking through the lens of whatever silo is paying the bills.

[Jon Lansner @jonlan]

@NewsLambert Real estate’s 3 magic words: “Jobs! Jobs! Jobs!”

[Jon Lansner @jonlan]

@JohnWake Thank you for the kind words!

[Jon Lansner @jonlan]

@mikesimonsen My effective property tax rate on my California home after 32 years of ownership? Roughly 0.3% of value.

[Jon Lansner @jonlan]

@JohnWake Not surprising that a heavily levered industry like real estate tanks in tough times. Debt is a two-edged sword!