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CA Housing Affordability Index at 15% for September 11/16/05 The percentage of households in California able to afford a median-priced home stood at 15 percent in September, a 4 percentage-point decrease compared with the same period a year ago when the Index was at 19 percent, accordi...
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Draftsmen & Craftsmen 11/09/05 Ware Malcomb, the national architecture, planning and interior design firm, has wrapped up design work on a couple of interesting SoCal projects that are now under construction, one in Otay Mesa and the other in Murrieta.
Th...
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Economic Update 11/07/05 Friends and Colleagues,
This week's Economic Update is dedicated to the memory of our good friend George Smith, who passed away this week after a long and difficult illness. We will remember George in our Thought for th...
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September Home Prices in CA Up 17.3% from Previous Year 10/27/05 The median price of an existing home in California increased 17.3 percent in September and sales increased 3.9 percent compared with the same period a year ago, according to the most recent data from the California Associatio...
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Draftsmen & Craftsmen 10/20/05 Here's an update on three architecture/design firms that handle a lot of work in Southern California. Irvine-based Ware Malcomb, has completed design work and construction is nearing completion for the Brenexus Office Edition...
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CA Affordability Drops to 14% in August 10/12/05 The percentage of households in California able to afford a median-priced home continues to drop, with the August figure coming in at just 14 percent, a 4 percentage-point decrease compared with the same period a year ago whe...
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Economic Update 10/11/05 Friends and Colleagues:
History...the economy...interest rates.... These are the themes that we explore this week thanks to the insights of Eugenio Aleman, PhD, Senior Economist for Wells Fargo Bank.
The Reality of Rising ...
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Economic Update 9/23/05 Friends and Colleagues:
As hurricane Rita approaches the Gulf Coast, our thoughts and prayers are with those whose lives will be forever changed by the coming storm. We wish them safety and strength at this time of pendi...
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Modest Appreciation Predicted for CA Home Prices in 2006 9/23/05 Is 2006 the year that California's housing boom goes bust, or will the country's unprecedented period of price appreciation continue? There are countless opinions on that subject, including the latest forecast from the Califo...
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TOBY or Not TOBY 9/22/05 BOMA of Greater Los Angeles handed out its prestigious 2005 Office Building of the Year “TOBY” awards at a glamorous awards ceremony in Century City last Friday night. It's the one competition in the Los Angeles area that hon...
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CA Housing Affordability Remains at 16% 9/13/05 The percentage of households in California able to afford a median-priced home stood at 16 percent in July, a 3 percentage-point decrease compared with the same period a year ago when the Index was at 19 percent, according to...
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Economic Update 9/06/05 Friends and Colleagues:
Hurricane Katrina...it has already impacted our collective psyche. So how will it affect the economy? This week Eugenio Aleman, Ph.D. and Senior Economist at Wells Fargo Economics, gives us his vi...
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Draftsmen & Craftsmen 8/30/05 Taisei Construction Corporation recently commenced work on a new, mid-rise luxury apartment building in the upscale Westside community of Westwood, at the corner of Wilshire Blvd. and Westholme Ave. Owned and developed by Pal...
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Economic Update 7/29/05 Friends and Colleagues,
The sky will fall....the sky will fall.....or so the markets thought prior to the recent shift in China's currency. This week Dr. Scott Anderson, Senior Economist at Wells Fargo Economics explains...
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CA Homes Up 16% in June 7/28/05 The median price of an existing home in California in June increased 16 percent and sales increased 3.6 percent compared with the same period a year ago, according to the latest report from the California Association of REALT...
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CA Affordability for May Drops to 16% 7/13/05 The percentage of households in California able to afford a median-priced home stood at 16 percent in May, a 3 percentage-point decrease compared with the same period a year ago when the Index was at 19 percent, according to ...
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Pro Moves 7/08/05 GARY GOODMAN: Gary H. Goodman has joined Passco Real Estate Enterprises as VP of acquisitions for multifamily properties. In his new role with Passco, Goodman will spearhead the firm's acquisition and financing of California ...
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Residential Sales in CA Expected to Set More Records in 2005 7/01/05 For those of you like to follow the still-hot residential real estate market in California, here are some mid-year numbers from C.A.R., the California Association of Realtors. Existing single-family home sales will reach a re...
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Draftsmen & Craftsmen 6/29/05 Johnson Fain, the international downtown Los Angeles-based architecture firm, has landed design work for nine major mixed-use projects in urban Southern California communities that will contain more than 4,000 housing units a...
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April Housing Affordability in CA Falls to 17% 6/14/05 The California Association of REALTORS® (C.A.R.) sends us its housing affordability index for California every month, which we thought might be of interest to some of you. Once again, for April, the percentage of households t...
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