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• Economic Update
4/23/07
Friends and Colleagues,
This week Michael Swanson, Ph.D. with Wells Fargo Economics shares some thoughts on Inflation, Oil Prices, Demand for Corn and Interest Rates. Here are some fun facts from Dr. Swanson's analysis.
C...
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• SoCal Apartment Market Expected to Remain Strong
4/17/07
Hundreds of SoCal real estate pros were in attendance earlier this month for one of the region's top industry events, the Fifth Annual Casden Multifamily Forecast Conference, put on by USC's Lusk Center for Real Estate. The e...
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• Deteriorating Subprime Market to Impact Commercial Real Estate
4/10/07
Property & Portfolio Research (PPR), the Boston-based independent real estate research and portfolio strategy firm, has produced an interesting report that takes a look at the potential impact of the subprime mortgage fallout...
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• CA Homes Sales Down 9.6% in Feb, While Prices Up 5.7% from Prior Year
3/30/07
As expected, CA home sales decreased 9.6 percent in February compared with the same period a year ago, while the median price of an existing home increased 5.7 percent, according to the latest data from the California Associa...
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• Moderate Year Predicted for San Diego's Office Market
3/22/07
San Diego County's office market is poised for moderate activity over the coming year, thanks in part to slower but still positive employment growth and a stable foundation in professional services that supports the region's ...
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• Economic Update
3/19/07
Friends and Colleagues:
This week Scott Anderson, PhD, Senior Economist with Wells Fargo Economics, asks more questions than he answers about the direction of the economy. The current market signals are conflicting, leavi...
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• Bay Area Real Estate Markets Move into Advanced Stages of Recovery
3/19/07
The Bay Area's office, R&D, and warehouse markets have now shown three consecutive years of decreased vacancy, positive net absorption, and increased rental rates, as most of the region continues to move into the advanced sta...
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• Affordability for Entry-Level in CA Housing Down to 25%
3/06/07
The percentage of households who could afford to buy an entry-level home in California stood at 25 percent in the fourth quarter of 2006, compared with 27 percent for the same period a year ago, according to a report released...
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• CA Home Sales Down 12.6% from '06; Prices Up 1.9%
3/02/07
January saw homes sales in California drop 12.6% from the previous year, while prices remained more resilient, with a modest increase of 1.9% from January of 2006, according to the California Association of Realtors® (C.A.R.)...
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• Affordability for First-Time Buyers in CA Declines to Second Lowest Level on Rec
2/13/07
Affordability concerns continued to impact the residential real estate market in California, with the share of first-time buyers declining to their second lowest level on record, from 30.5% in 2005 to 27.1% in 2006, according...
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• Economic Update
2/12/07
Friends and Colleagues:
This week Eugenio Aleman, PhD, Senior Economist with Wells Fargo Economics talks with us about Employment and Economic Growth, and “Dark Matter,” and its possible impact on the Dollar, the Economy a...
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• December CA Housing Sales Down 15.3%; Prices Up 3.7%
2/05/07
The number of home sales in California for the month of December was down 15.3% from one year earlier, although the median price of an existing home was up 3.7% compared to the prior year, according to the most recent figures...
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• Draftsmen & Craftsmen
2/01/07
CB Richard Ellis Investors has wrapped up construction on a two-building, 1.2 msf industrial development within San Bernardino County's master-planned Aqua Mansa Industrial Center. The project, called Aqua Mansa Gateway, cons...
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• Draftsmen & Craftsmen
1/19/07
The City of Riverside has awarded Seattle-based Bayley Construction a $29.8 mil contract to design, build and rehabilitate the historic Fox Theater, on a main corner site in downtown Riverside, into a performing arts theater....
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• New RENTV Executive Subscriber Report: Ventura County Hot Transactions
1/18/07
Our latest Executive Subscriber report will update you on the past 12 months of closed deals from throughout Ventura County. The report, which looks at office, industrial and retail lease and sale transactions, is a great sou...
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• Draftsmen & Craftsmen
1/09/07
J.D. Diffenbaugh Inc, the Riverside-based general contracting firm, has been involved in a number of notable projects in the Inland Empire of late. Here's a quick review of some of their latest assignments.
PGP Partners Inc ...
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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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