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December 1, 2022
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ETC... ETC... NEWS
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• Distressed Home Sales in CA at Lowest Level Since Feb 2008
5/23/13
Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five years, according to the latest...
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• CA Home Prices Continue to See Strong Gains
5/16/13
Fueled by high demand and tight inventory, California home sales and prices both experienced strong increases in April, with the median price surpassing the $400,000-mark for the first time in five years, according to the lat...
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• CA Housing Affordability Dropping
5/13/13
Higher home prices put a dent in California’s housing affordability during the first quarter of 2013, according to the most recent data from the California Association of Realtors® (C.A.R.). The percentage of home buyers who...
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• CompStak Offers a New Solution for Sharing and Accessing Deal Comps
5/08/13
Online commercial lease info provider CompStak is about to launch its lease comp services in Los Angeles on June 1, and also in Washington, D.C., on July 1. CompStak, led by CEO Michael Mandel, says that they make commercial ...
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• CA Median Home Price Reaches Highest Level Since May 2008
4/16/13
Strong sales in higher-cost coastal regions and heated market conditions drove California’s median home price to its highest level in March since May 2008, while inventory shortages continued to stifle home sales, according t...
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• James W. Arce Joins Cassidy Turley as Senior Managing Director, Western Region
4/04/13
James W. Arce has joined Cassidy Turley as Senior Managing Director, West Region. In his new position, Arce will take a leadership role in account management and business development efforts as Cassidy Turley expands its prop...
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• UCLA Anderson 2013 Orange County Outlook
4/03/13
Here is a 2013 Orange County Economic Outlook and a look at the U.S. and California economies provided to us by the UCLA Anderson School of Management. This Executive Summary was prepared by: Jerry Nickelsburg, Adjunct Pro...
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• Non-Distressed Sales of CA Homes at Highest Level Since April 2008
3/26/13
Pending home sales in California rose in February from the previous month but were lower than year-ago levels. Meanwhile, equity sales rose to their highest level in nearly five years, according to just-released data from th...
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• Jak Churton Joins Jones Lang LaSalle as Managing Director
3/22/13
Jak Churton has joined Jones Lang LaSalle’s Northern California operations as a Managing Director. Churton, a 13-year veteran of San Francisco real estate brokerage, will be based in San Francisco. Churton joins JLL from CB...
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• Lack of Inventory Limiting CA Home Sales
3/18/13
California’s median home price marked a full year of annual price gains, propelled by strong sales of higher-priced homes in February, while a lack of inventory constrained total home sales for the month, according to the lat...
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• National Economy Beginning to Ramp Up
3/14/13
In its first quarterly report of 2013, the UCLA Anderson Forecast’s outlook for the United States says that the country’s Gross Domestic Product is poised to surpass the 2% annual growth rate of the past four years and reach ...
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• CA Home Affordability Drops Dues to Higher Home Prices
2/26/13
Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012, according to the latest data provided by the California Association of Realtors®. The percentage...
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• Los Angeles/Orange County Ranked #8 as Key Industry Hub for Life Sciences
2/25/13
With a series of key brand-name drug patents set to expire in 2013, deadlines collectively referred to as the “patent cliff,” life sciences companies are bracing themselves for a revenue drop some estimate could reach $30 bil...
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• Premier Business Centers Debuts New Look
2/15/13
Irvine-based Premier Business Centers (PBC) has introduced its new corporate brand identity and redesigned website, which more accurately represent what the company has become: the nation’s largest privately-owned office spac...
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• Commercial/Multifamily Mortgage Originations Take Dramatic Jump in 2012
2/05/13
Commercial and multifamily mortgage originations increased 49 percent between the third and the fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011, according to the Mortgage Bankers As...
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•  Leading Industry Forecast Upbeat about Outlook for California
1/30/13
The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey projecting a three-year outlook for the state’s overall commercial real estate industry remains predominately upbeat, with developer sen...
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• Silicon Valley Office Market Continues to Tighten but New Construction Should Offer Tenants More Options by 2014
1/29/13
The Silicon Valley office market sustained its dynamic performance in the fourth quarter of 2012 as steady hiring and anticipated expansion among the region’s top employers and up-and-coming start-ups fueled demand for office...
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• Robert E. Sulentic Becomes President & Chief Executive Officer at CBRE Group Inc
12/04/12
Robert E. Sulentic has assumed the position of President & Chief Executive Officer at global real estate services company CBRE Group. Mr. Sulentic succeeded Brett White, who retired on November 30, 2012. Mr. Sulentic also ...
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•  CA Housing Market Continues Momentum as Confidence Grows
11/20/12
California’s housing market continued its momentum in October, posting strong year-over-year sales and price gains in nearly every county of the state, according to the latest data from California Association of Realtors® (C....
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• CA Home Affordability Dropped to Below 50% in Third Qtr 2012
11/13/12
Rising home prices offset lower interest rates, reducing housing affordability in California during the third quarter of 2012, according to the latest data from the California Association of Realtors® (C.A.R.). The percenta...
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