AREAA Launches New Asian-American Housing Education and Certification Course; The First AREAA Certification Course is Approved for Continuing Education Credit by California Department of Real Estate.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Today the Asian Real Estate Asassociation of America (AREAA AREAA Asian Real Estate Association of America (Carlsbad, CA) ) announced the launch of its first certification course that will help mortgage and real estate professionals effectively serve the Asian-Pacific American Asian-Pacific American is a term that was used in the United States to include both Asian Americans and Americans of Pacific Islander American due to its official use as a race on the United States Census between the years 1990 and 2000. community. The course, which is underwritten by the First American Corporation
Officially referred to as The First American Corporation (FAC) , , is the first of its kind designed to help professionals understand the unique dynamics in the Asian-American housing market and to teach practitioners how to engage this community in the right way. "One of the key objectives of AREAA is to actively support the professional and education development of real estate and mortgage professionals serving the growing number of Asian-Pacific American homebuyers," said Allen M. Okamoto, Chairman of AREAA. "We believe that the ultimate beneficiary of this goal will be the Asian-American housing consumers who seek to build a better future for their families and their community." The course will provide practitioners interested in better serving the Asian-Pacific American housing market with the information necessary to succeed in this market. Practitioners will learn the following: --Dynamics of the Asian-Pacific American Market --Understanding the Asian-Pacific American Housing Market --Leading Barriers to Homeownership in this market --How to best serve with the Asian-American population during real estate transactions --Basic Dos and Don'ts related to interacting with the Asian-American housing market --Case studies to help real estate practitioners better prepare to support this market "First American First American may refer to:
According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Harvard University's Joint Center for Housing Studies, Asians and Pacific Islanders are expected to account for 13 percent in household growth, or about 3.5 million new households. And over the next two decades, about two-thirds of these new households, or approximately 2.3 million, will become homeowners -- making it an important segment in the first-time homebuyer First-Time Homebuyer An IRA owner who is exempt from the early-distribution penalty (which applies to IRA distributions that occur before the IRA owner reaches age 59.5) for distributing funds from his or her IRA to buy, build, or rebuild a home when having had no interest in a market. AREAA is the only national professional trade organization dedicated to closing the homeownership gap facing the Asian-Pacific American (APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated. APA - Application Portability Architecture ) community. AREAA's membership represents a broad array of real estate, mortgage and housing-related professionals that serve the diverse Asian-Pacific American market. Today, there are more than 100,000 real estate professionals of Asian decent working in the housing industry. |
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