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April 18, 2024
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ETC... ETC... NEWS
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• CA Home Sales Decline for Third Straight Month
11/20/13
California home sales declined for the third straight month in October as economic uncertainty surrounding last month’s government shutdown and a typical seasonal slowdown dragged down the state’s home sales, although sales o...
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• Tech Still Driving San Francisco Office Market
11/04/13
The tech sector continues to drive the San Francisco office market, with the rapid expansion of local companies as well as an influx of Valley firms and others from outside the region contributing to the acceleration. Followi...
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• Tight Supply Leads to Nearly Half of CA Home Sales to Go for Over Asking Price this Year
10/31/13
More properties were sold above their asking price this year, as tight supply conditions continued to heat up market competition in the first half of 2013, according to the California Association of Realtors® “2013 Annual Hou...
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• Major U.S. Apartment Markets Doing Well and Are Expected to Continue to Thrive
10/30/13
Fueled by the ongoing economic recovery and resulting job growth, multifamily markets in the western United States continue to shine as the end of 2013 draws near. Furthermore, the apartment sector in the region’s major metro...
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• Bay Area Office Market Continues to Roll Along
10/14/13
Jones Lang LaSalle has provided updated numbers on the Bay Area office market, which is being driven in great part by the high-tech and healthcare industries. Here are some highlights from JLL’s latest research: San Franc...
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• C.A.R. Forecasts CA Home Sales to Reach 444,000 Units in 2014
10/09/13
With distressed sales losing their hold on much of California’s market over the course of the past year, the state’s housing market is expected to continue improving in 2014. Sales should shift toward primary home buyers, and...
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• Sand Hill Road in Menlo Park Boasts Highest Office Rents in the U.S.
10/03/13
The most expensive street for office space rent in the United States is Sand Hill Road in the Bay Area Peninsula city of Menlo Park, according to a research study released by Jones Lang LaSalle. Average rents on Sand Hill Ro...
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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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• 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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• Property Tax Filing Deadline for Much of California Approaching Fast
8/15/13
Here’s a helpful reminder to property owners, managers, real estate directors and other professionals overseeing real property matters – the property tax filing deadline for 2013 tax season ends September 16, 2013. This appli...
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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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• 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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• Allen Matkins/UCLA Anderson RE Survey Sees Continued Optimism
7/10/13
Developers expressed evident optimism regarding commercial real estate market conditions in the latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey. The biannual survey projects a three-year a...
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• CA Homes Prices See Largest Year-Over-Year Gain in 33 Years
6/19/13
Strong sales growth in higher-priced markets and continued housing supply shortage pushed up California’s median home price in May, resulting in the largest year-over-year price gain in at least the last 33 years, per the lat...
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• C.A.R. Surveys Current Home Investors
5/29/13
Investors have played a key role in the California housing market recovery for the past four years. Low mortgage rates, attractive home prices, and low yields on alternative assets have fueled demand for investment properties...
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