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November Home Sales in CA Down 22.2% from Prior Year 12/28/06 November home sales in California dropped 22.2 percent in November in California compared with the same period a year ago, while the median price of an existing home increased 1.4 percent, according to the latest figures from...
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Draftsmen & Craftsmen 12/27/06 Newport Beach-based McCarthy Building Companies began construction this month on the new Centennial Complex at Loma Linda University in Loma Linda, a project that represents the first academic facility to be built at the univ...
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Economic Update 12/14/06 Friends and Colleagues:
This week, Eugenio Aleman, PhD, Senior Economist with Wells Fargo Economics talks with us about the Economy, the Labor Market, Mr. Bernanke, and Real Risks for 2007.
The Economy
Dr. Aleman sugge...
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Median Price of CA Home Up 2%, While National Price Down 3.5% 12/06/06 Although the median price of a home across the nation in October dropped a record 3.5% from one year earlier, according to just released info from the National Association of Realtors, here in California the median price is a...
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SoCal Office and Industrial Markets Poised for Growth 12/05/06 Close to 200 people met today on the campus of USC to hear a panel of experts offer a review of SoCal's office and industrial markets for the current year, which is coming to a close, along with some valuable insight into wha...
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Draftsmen & Craftsmen 12/04/06 Taisei Construction Corporation has begun work on 110k sf of new academic and administrative buildings for the Long Beach City College Liberal Arts Campus. Located at the South Quad Complex between Carson & Clark Streets, th...
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24% of First-Time Buyers Can Afford Median-Priced CA Home 11/30/06 The percentage of first-time buyers in California able to afford a median-priced home stood at 24 percent in the third quarter of 2006, compared with 28 percent for the same period a year ago, according to the latest figures ...
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Draftsmen & Craftsmen 11/20/06 Construction work has begun on a unique two-story, 175k sf office and life science addition to an existing building in San Francisco's China Basin, adjacent to Mission Bay. The property, known as the Berry Street Building, is...
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Economic Update 11/07/06 Friends and Colleagues:
This week Michael Swanson, Senior Economist with Wells Fargo Economics talks with us about employment, interest rates and housing. Here are some sound bytes from Swanson's thoughts:
Employment
• ...
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C.A.R. Forecasts a 2% Price Drop for CA Homes in 2007 10/31/06 Look for home prices in California to drop a bit next year, while the sales pace is expected to also decrease, as the market goes through a stabilization period in 2007. At least that's the opinion of the CALIFORNIA ASSOCIATI...
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September CA Sales Drop 31.7% from 2005 10/27/06 Sales of homes in California dropped a hefty 31.7% in September compared with the same period one year earlier, while the median price of an existing home managed to eke out a 1.8% increase over the prior year, according to t...
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Draftsmen & Craftsmen 10/23/06 McCarthy Building Companies Inc, out of Newport Beach, was selected to build three new projects at the St. Joseph Hospital campus in Orange. The projects include a new 87k sf Cancer Center, a 131k sf medical office building ...
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Economic Update 10/11/06 Friends and Colleagues:
This week, Scott Anderson, Ph.D., Senior Economist with Wells Fargo Economics, talks with us about confusing indications from recent payroll data, implications on interest rates through the end of 2...
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Should Governments have more Restrictions on the Use of Eminent Domain? 10/09/06 The following two commentaries were penned by Fred Schnaubelt for the San Diego Daily Transcript and were published on August 17th and September 6th, respectively. We decided to reprint these in RENTV after Mr. Schnaubelt for...
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CA Home Sales Drop 30% in Biggest Year-to-Year Decline since Aug ‘82 9/27/06 California home sales decreased 30.1 percent in August compared with the same period a year ago, while the median price of an existing home increased 1.6 percent, according to the latest figures from the California Associatio...
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Draftsmen & Craftsmen 9/22/06 In this latest edition of our regular Draftsmen & Craftsmen column, we'll continue to update you about the most recent project assignments, completions and other notable news from some of the top architecture, design and gene...
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Economic Update 9/12/06 Friends and Colleagues:
This week Eugenio Aleman, Ph.D., Senior Economist with Wells Fargo Economics, shares with us his thoughts about some inflation indicators, and the health of the labor market.
Confusion on the Infla...
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Rapidly Growing Mortgage Brokerage is No Apprentice 9/08/06 Not satisfied with your current mortgage broker? Tell him “You're fired!” and give a call over to Trump Mortgage, the fast-growing commercial and residential mortgage financing company that's popping up all over the country. ...
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July Figures Show 30% Drop in CA Home Sales from Prior Year 9/05/06 Home sales tumbled a hefty 29.9 percent in July in California compared with the same period a year ago, while the median price of an existing home increased 5.1 percent, compared to figures from one year earlier, according to...
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Changing Global Trade Environment Impacting Real Estate 8/24/06 Changes in international trade and the quantity of goods coming into the US from other parts of the world is having a dramatic impact on real estate across the country, but particularly in markets surrounding major ports, suc...
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