According to the California Association of REALTORS Annual Housing Market Survey, homebuyers of Asian heritage comprised 18.1% of the state's homebuyers in 2009, reflecting a 6% increase since 2007. The North County Times turned to AREAA San Diego leaders Shonee Henry, Ric Manalo and Albert Salon to analyze the trend: view the article.

A Certified Distressed Property Expert(R) is a real estate professional with specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today's market, specifically short sales.

Your designation includes: 2 Days of Classroom Instruction, 170 Page Distressed Property Field Manual, One-Year CDPE Membership, Complete Short Sale Forms Disk, Checklists for Distressed Situations, Foreclosure Solutions Flow Charts, Sample Short Sale Package, Monthly Follow Up & New Information Updates, Full use of the CDPE Logo and Designation.

To view the exclusive AREAA member rate, promo code and details, click here.

The 2010 AREAA Leadership Summit, sponsored by Bank of America and Wells Fargo, was held June 18-19th at the Ritz-Carlton in San Francisco. The invite-only event created a forum for national Board members, Advisory Council members, committees and local chapter leaders to share ideas and plan for the association's continued growth. One key takeaway from the summit was a renewed commitment to provide more value for members, including educational opportunities. The summit was capped by a networking event hosted by The EDGE, AREAA Young Professionals, at Icon Lounge. Event photos have been posted on AREAA's Facebook page.

Attend the annual marketing conference in Las Vegas and hear from FHA Commissioner Dave Stevens, Oct 11th at 9am. Register and book your room by July 31st to qualify for a special room rate of only $149 per night at the Bellagio. View details.

Read the latest edition of a | r | e magazine online, including:
-Obama's point man on housing, FHA Commissioner Dave Stevens, in an exclusive interview
-Phil Bracken tells us the two words that can restore the private secondary market
-A look at the HOPE Awards and recognizing leaders in minority homeownership
-AREAA Dragon and top producer Andrew Lee shares what has led to his success
-The EDGE: Connecting AREAA's young professional community

SAN DIEGO (June 21, 2010) -- The Asian Real Estate Association of America (AREAA) is seeking a new Chief Executive Officer to lead the organization's 12,000 members and play a key role in shaping the future of the association.

The CEO will provide direction toward achieving AREAA's mission and annual objectives; lead the association's growth at the direction of the chair and the board of directors; and assist in strategic and financial planning.

AREAA's current CEO, John Wong, is stepping down after his contract expires this summer. "We are very grateful to John for his service and dedication to AREAA during the past year," said John Fukuda, AREAA's chairman. "As a founder of our association, he has brought a unique combination of cultural understanding and passion for AREAA's mission to his leadership role. He will continue to serve as a valued member of our board of directors."

AREAA's new CEO will join the association in a period of unprecedented growth. In the past six months, AREAA has added four new chapters, and five more chapters are in development. AREAA's influence and impact in both policy and business areas is being recognized by industry leaders. Additionally, AREAA has launched various initiatives throughout the country focused on stabilizing markets hard hit by foreclosures and providing consumers with tools they need to stay in their homes.

AREAA members represent a broad array of real estate, mortgage, and housing-related professionals who serve the diverse Asian American market. AREAA is the only trade association dedicated to representing the interests of the Asian real estate market nationwide.

To apply for this position, please send a cover letter and resume to ceojob@areaa.org.