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December 4, 2020
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WHAT'S NEW
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• Demand For Rental Housing on the Rise Across Southern California
9/25/13
SoCal’s rental housing market should expect two more years of rent increases as the region continues to absorb units faster than it completes them. This is the general takeaway from this week’s 2013 USC Casden Multifamily For...
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• CA Home Sales Drop Slightly in August While Median SFR Price is Up
9/17/13
Following a strong performance in July, California’s housing market pulled back in August from the previous month and year, although sales of condominiums and townhomes remained robust, according to the latest numbers from th...
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• Median Home Sale Prices Up 16% Year-Over-Year Nationally
9/06/13
According to the most recent data from ZipRealty Inc, the nation’s housing market continues to show ongoing strength, tempered by moderation. Median home sales prices were up 16.2% year-to-year to an average of $278k, while n...
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• Collaborative, Creative Space and Attractive Neighborhoods Essential for Technology Employers
9/05/13
The clustering of highly-skilled, like-minded technology professionals, “tech talent,” is driving demand for office space, with implications for real estate occupiers and investors, in markets from Washington, D.C. to Seattl...
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• Percentage of Distressed Sales in CA Continues to Drop
8/30/13
The share of equity home sales in California continued to grow in July, increasing on a monthly basis for 17 of the last 18 months, while distressed sales plunged by half compared to a year ago, according to the latest data f...
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• Housing Market Rebirth Spurs Leasing in the Inland Empire
8/28/13
Here’s a mid-year review of the Inland Empire office market, provided to us by Marcus & Millichap, the national real estate investment services firm. This summary is pulled from the firm’s quarterly Office Research / Market O...
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• East Bay Poised for Spillover Office Demand
8/23/13
Here’s a current update on the Oakland/East Bay office market. This summary is part of Marcus & Millichap’s Third Quarter 2013 Office Research Market Overview for the region. Office users and developers took a breather in Oa...
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• OC Industrial Market Continues to Gain Momentum
8/20/13
Demand for industrial buildings in Orange County continued to gain momentum and confidence grew among developers as signs of a slow but steady economic recovery continued to unfold during the second quarter of 2013, fueling c...
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• CA Home Sales Reach Highest Level in Over a Year
8/19/13
California’s housing market bounced back after a slight dip in June to reach the highest level since May 2012, as home prices continued to post strong annual gains and home sales recorded the first annual increase in six mont...
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• Tech Sector Ignites Real Estate Markets, Anchoring Innovation Hubs
8/16/13
It’s not just Silicon Valley that forms the nucleus of the U.S. high-tech growth economy, but hubs such as Atlanta and Chicago are emerging thanks to the burgeoning high-tech start-up culture. Jones Lang LaSalle’s (JLL) natio...
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• Office Vacancy Rate Dropping in North LA County
8/15/13
The Los Angeles North office vacancy rate has been steadily improving, having declined to 17 percent in the second quarter of 2013, according to a report just released by Lee & Associates-LA North/Ventura. The current quarte...
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• Housing Affordability in CA Continues to Drop
8/13/13
Significantly higher home prices, particularly in the San Francisco Bay Area and coastal regions, shut out more home buyers in the state during the second quarter of 2013, according to the California Association of Realtors (...
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• San Diego County Retail Recovery Hits the Pause Button
8/07/13
After shifting into higher gear in 2011 and 2012, the San Diego County retail market settled into neutral following 378k sf of negative absorption in the first six months of this year and a corresponding increase in vacancy t...
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• San Francisco Boasts Lowest Office Vacancy Rate of Any Major US Metro
8/02/13
Office space absorption is up and vacancy rates are coming down in many markets across the US, according to Jones Lang LaSalle's Second Quarter 2013 Office Outlook. In particular, San Francisco’s high-growth economy has led t...
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• San Diego Office Market on Pace for Strongest Absorption Since 2005
7/29/13
At the six-month mark for 2013, there has been 736.3k sf of net office absorption in San Diego, a pace that puts the market on track to out-perform 2012’s 1.2 msf total for its best annual performance since 2005, according to...
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• Portland Office Market Ranked in Top Five Nationally
7/22/13
Portland was among the top five office markets in the country, as of the second quarter 2013, with office market vacancy dropping to 11.4 percent, the second lowest in the nation behind only San Francisco. Portland’s growing...
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• Mid-Year Numbers on Silicon Valley and Mid-Peninsula Office markets
7/19/13
Jones Lang LaSalle has provided some preliminary stats and highlights for the Silicon Valley and SF Mid Peninsula office markets, as of the end of June 2013. Highlights of their mid-year numbers include: Silicon Valley •...
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• CA Median Home Prices Remain Over $400k for Third Straight Month
7/17/13
California home sales pulled back in June as home prices continued to climb, with most regions posting healthy double-digit year-over-year gains and the statewide median price maintaining above the $400k for the third straigh...
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• Technology Remains Primary Driver of Strong Tenant Demand in San Francisco
7/16/13
The San Francisco office market continues to attract tenants and investment from across the nation and around the globe, according to a just released second quarter 2013 San Francisco Office Market Report from Kidder Mathews....
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• Inland Empire East Valley Ind Market Continues Strong Path to Recovery
7/16/13
The Riverside office of Lee & Associates has released its second quarter 2013 Industrial Market Summary for manufacturing/distribution buildings for the East Valley Market in Southern California’s Inland Empire. They’ve provi...
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