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June 18, 2024
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• CA Home Sales News More of the Same
3/26/08
Although much of the country saw an unexpected (and possibly short-lived) spike in home sales in February, California home sales continued on a downward trend, dropping 28.5 percent from February 2007, according to the Califo...
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• 2008 Looking Like More of the Same for CA Housing Market
2/29/08
The first month of 2008 treated California’s housing market no better than the final months of 2007, as sales declined 29.8% in January, compared with the same period one year earlier. Prices also continue to suffer, as the ...
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• Draftsmen & Craftsmen
2/26/08
Here’s some recent news from two SoCal architecture firms, Ware Malcomb and Benson & Bohl Architects. We’ll start with a couple of briefs from Ware Malcomb, including news that design and construction work for Lamborghini Cal...
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• Economic Update
2/25/08
by David Rosenthal
Friends and Colleagues: This week Scott Anderson, Senior Economist at Wells Fargo Economics talks with us about a throwback to the 1970's....that persistent scourge known as Stagflation. Dr. Anderson is generally an optim...
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• CA Home Sales and Prices Take another Hit in December
2/05/08
Many homeowners in California are of the mindset that Congress’ proposed economic relief package can’t come soon enough, as the state continues to endure significant fallout from the implosion of the housing market. According...
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• Condo Development: Time to Live to Fight Another Day
2/04/08
by Jonathan Lee
By Jonathan Lee, Assistant Vice President George Smith Partners As George Smith Partners continues to dialogue with our clients regarding the financial landscape, it is the condominium developer that seems to have the most d...
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• Rosey Outlook for Puget Sound Office Market
1/31/08
The Puget Sound office market closed out 2007 on a high note, thanks to rapidly rising rents, low vacancy rates, and steady absorption. And the outlook for the coming year remains very good, as local experts expect strong con...
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• Economic Update
1/21/08
Friends and Colleagues, The headlines tell us that our economy seems to be in a tailspin.....but is it really? This week Michael Swanson of Wells Fargo Economics talks with us about what the Fed Funds Futures market seems to...
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• Draftsmen & Craftsmen
1/10/08
International contracting firm Kajima Corporation just announced the formation of KCS WEST, a wholly owned subsidiary of Kajima USA Group Company that will offer a broad portfolio of construction capabilities in addition to g...
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• Economic Update
12/11/07
Friends and Colleagues: This week Dr. Scott Anderson of Wells Fargo Economics shares with us some good news, some bad news and some more bad news on the current state of the economy. He looks at the huge dilemma facing Mr...
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• Entry-Level Housing Affordability Holds at 24 Percent in California
12/05/07
The percentage of households that could afford to buy an entry-level home in California stood at 24 percent in the third quarter of 2007, unchanged from the same period a year ago, according to the most recent report from the...
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• Draftsmen & Craftsmen
12/05/07
One of the most exciting developments changing the landscape in downtown Los Angeles is the Market Lofts at 9th and Flower, a brand new $70 mil mixed-use urban community located adjacent to the business and financial district...
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• Commercial Real Estate Industry Should Prepare For Tougher 2008
12/04/07
The residential real estate industry could drag the commercial property sector into a downturn in 2008, and real estate investors, developers and service companies need to start preparing now for what could be a tougher busin...
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• CA Sales Down 40%; Median Price Drops 9.9% from Prior Year
11/30/07
Not that this comes as a surprise to many people, but home sales and median price figures from California continue to drop. According to the October data from the California Association of Realtors®, sales declined 40.2 perce...
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• CA Foreclosures Jump 221% in October
11/21/07
Foreclosures in California are up 221% in October, compared to the prior year, according to the latest figures from Default Research. San Diego County led the state with 3,427 foreclosure filings in October, up 400 percent fr...
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• Draftsmen & Craftsmen
11/20/07
Rios Clementi Hale Studios, an LA-based multi-disciplinary design firm, is venturing in new directions by becoming the landlord and developer of a 17k sf mixed-use project situated on the city’s trendy Larchmont Blvd, at the ...
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• How Have Rents Been Affected by the Mortgage Crisis?
11/19/07
By Caroline S. Latham CEO, RealFacts A question many people are asking as they follow the latest news is what effect the current mortgage problems are having on apartment rents. Lenders of residential mortgages, such as Coun...
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• Economic Update
11/12/07
Friends and Colleagues, This week Michael Swanson of Wells Fargo Economics presents us with some surprisingly positive data and some growing risks about the economy. Despite the gathering storm clouds of investor sentiment...
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• CA Unsold Homes Inventory Balloons to 16.5 Months
10/31/07
Home sales decreased 38.9 percent in September in California compared with the same period a year ago, while the median price of an existing home fell 4.7 percent, according to the latest figures from the California Associati...
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• Draftsmen & Craftsmen
10/31/07
Snyder Langston Optym, a division of OC-based Snyder Langston, has completed construction of the Santa Margarita Catholic High School Aquatic Center at 22062 Antonio Pkwy in Rancho Santa Margarita. The new aquatic center incl...
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