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• CA Sales Down 40%; Median Price Drops 9.9% from Prior Year
11/30/07
Not that this comes as a surprise to many people, but home sales and median price figures from California continue to drop. According to the October data from the California Association of Realtors®, sales declined 40.2 perce...
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• CA Foreclosures Jump 221% in October
11/21/07
Foreclosures in California are up 221% in October, compared to the prior year, according to the latest figures from Default Research. San Diego County led the state with 3,427 foreclosure filings in October, up 400 percent fr...
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• Draftsmen & Craftsmen
11/20/07
Rios Clementi Hale Studios, an LA-based multi-disciplinary design firm, is venturing in new directions by becoming the landlord and developer of a 17k sf mixed-use project situated on the city’s trendy Larchmont Blvd, at the ...
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• How Have Rents Been Affected by the Mortgage Crisis?
11/19/07
By Caroline S. Latham
CEO, RealFacts
A question many people are asking as they follow the latest news is what effect the current mortgage problems are having on apartment rents. Lenders of residential mortgages, such as Coun...
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• Economic Update
11/12/07
Friends and Colleagues,
This week Michael Swanson of Wells Fargo Economics presents us with some surprisingly positive data and some growing risks about the economy. Despite the gathering storm clouds of investor sentiment...
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• CA Unsold Homes Inventory Balloons to 16.5 Months
10/31/07
Home sales decreased 38.9 percent in September in California compared with the same period a year ago, while the median price of an existing home fell 4.7 percent, according to the latest figures from the California Associati...
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• Draftsmen & Craftsmen
10/31/07
Snyder Langston Optym, a division of OC-based Snyder Langston, has completed construction of the Santa Margarita Catholic High School Aquatic Center at 22062 Antonio Pkwy in Rancho Santa Margarita. The new aquatic center incl...
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• CA Foreclosure Filings Jump 422% from Prior Year
10/26/07
Foreclosure filings in California are up a whopping 422 percent in September 2007, compared to the same time last year. According to the latest data from Default Research, Los Angeles County led the state with 5,940 foreclos...
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• CA Housing Woes to Continue in 2008
10/15/07
In the latest housing market forecast from the California Association of Realtors®, home prices throughout most of California are expected to post modest declines next year while sales of existing homes will stabilize from th...
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• Draftsmen & Craftsmen
10/11/07
McCarthy Building Companies, the venerable Newport Beach-based general contracting firm, recently completed construction of the $203 mil (development cost) patient care center at St. Joseph Hospital in Orange. Built on the e...
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• Industry Experts Say Real Estate Job Prospects Still Strong
9/27/07
While conventional wisdom might question the job prospects for graduate students entering the real estate field next spring, opportunities abound for those with the creative thinking and skillful analysis needed to make a dea...
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• Economic Update
9/14/07
Friends and Colleagues:
Will they or won't they? Here is one economist's view on what the Fed will do with the Fed Funds rate when they meet next Tuesday. Scott Anderson, Ph.D., Senior Economist at Wells Fargo Economics ...
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• Sares Regis Closes $11 Mil Value Add Buy in Palo Alto
8/23/07
Sares Regis Group of Northern California LP (SRGNC) has acquired The Plaza International Apartments, a 44-unit mid-rise apartment community located at 565 Arastradero Rd in Palo Alto. The purchase price was $11.05 mil or just...
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• Understanding the Uncertainty
8/23/07
This article, provided to us by George Smith Partners' (GSP), a leading commercial mortgage banking firm, offers a discussion of the current turmoil in the debt markets. Principals at GSP have spoken to the heads of several ...
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• Draftsmen & Craftsmen
8/17/07
American Campus Communities Inc has selected KTGY GROUP INC to begin the design development of up a student learning campus containing up to 4,000 beds at the University of California, Irvine (UCI). Based out of Austin, TX, A...
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• Parking Rates on the Rise
8/10/07
Parking costs have increased nationwide for the fourth year in a row, mirroring rising demand and a dearth of supply in the U.S, Canada and around the world, according to the seventh annual Parking Rate survey from Colliers I...
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• Demand Remains High for San Diego Office Space
7/25/07
Here's a review of the San Diego County office market as of the year's mid-point. The information is a summary of Grubb & Ellis/BRE Commercial's 2nd Quarter 2007 San Diego Office Market Trends Report and was provided to us by...
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• Draftsmen & Craftsmen
7/13/07
Hodgdon Miank Construction Inc was awarded the contract to build The Plaza at Lakeview Medical & Professional Center, a new $6.4 mil project situated in the master-planned community of Canyon Estates in Lake Elsinore. The pro...
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• Economic Update
6/15/07
Friends and Colleagues:
What's behind the recent run-up in Treasury yields? This week Michael Swanson, PhD of Wells Fargo Economics, shares his insights on how the market perception of inflation has impacted rising treasu...
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• New DRI Entity Provides Integrated Solar Energy
6/11/07
DRI Companies, the parent company of two leading Western US roofing contractors, has launched a new subsidiary to provide roof-integrated solar energy installation services to commercial building owners and residential home b...
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