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CA Homes Prices Up 10% from One Year Ago; No Change from One Month Ago 5/31/06 The median price of an existing home in California increased 10.2 percent in April, while sales decreased 21.4 percent compared with the same period a year ago, according to the most recent data from the California Associatio...
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Draftsmen & Craftsmen 5/12/06 For its meticulous adherence to historic factors and design excellence, the Pacific Electric Building, which has been transformed into 314 live/work lofts, won a 2006 Los Angeles Conservancy Preservation Award. Located at 610...
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Economic Update 5/09/06 Friends and Colleagues:
Payroll, inflation, employment and interest rates….these are the themes of this week's commentary on the economy by Michael Swanson, Ph.D. Senior Economist at Wells Fargo Economics. Please read on ...
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CA Home Prices Up 13% in March; Sales Down 15% 4/26/06 The latest figures from the California Association of Realtors are out and they show that the median price of an existing home in California increased 13 percent in March, while sales decreased 15.1 percent compared with the ...
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Draftsmen & Craftsmen 4/25/06 Irvine-based Snyder Langston recently completed construction of the $25 mil Tiger Woods Learning Center for the Tiger Woods Foundation. Located in west Anaheim on a 14-acre site at the corner of Gilbert St and Crescent Ave, ...
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Economic Update 4/12/06 Friends and Colleagues:
This week Michael Swanson, Ph.D. Senior Economist at Wells Fargo Economics talks with us about payroll, unemployment and interest rates.
Swanson on Payroll and Unemployment
• The March payroll re...
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CA Home Prices Up 13.7%, Sales Down 15.5% from Previous Year 3/28/06 In the February figures from the California Association of REALTORS® (C.A.R.), the median price of an existing home in California increased 13.7 percent, while sales decreased 15.5 percent compared with the same period a year...
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Draftsmen & Craftsmen 3/23/06 We'll lead off this regular column with contractor news, as Snyder Langston's Automotive Building Group has completed the construction of two auto dealerships in Los Angeles County. Work has been completed on Mercedes Benz V...
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Economic Update 3/08/06 Friends and Colleagues:
This week we share some thoughts on the economy, the bond market and the stock market from Michael Swanson, Ph.D. Senior Economist at Wells Fargo Economics.
Swanson's Sound Bytes on the Economy:
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January CA Median Home Price Up 13.8% from Prior Year; Sales Down 24% 3/03/06 The median price of an existing home in California in January was up 13.8% from one year earlier, although the number of sales for the period decreased 24.1 percent compared with the same period a year ago, according to the l...
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Condo Conversion Craze Varies Significantly from State to State 3/01/06 RealFacts, the NoCal-based multifamily real estate research firm, has been devoting quite a bit of research to the condo conversion craze and has pulled together some interesting numbers, comparing how the conversion numbers ...
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Draftsmen & Craftsmen 2/24/06 One of the biggest and busiest contractors in SoCal recently received a notable accolade from the industry. Whittier-based Oltmans Construction Co has been recognized with a 2006 “Achievement Award” by the national Tilt-Up Co...
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Economic Update 2/13/06 Friends and Colleagues:
This week Michael Swanson, PhD, Senior Economist at Wells Fargo Economics talks with us about the perplexing relationship between employment, inflation and interest rates. His insights tell us tha...
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February 3, 2006 - Condo Conversion: Boom or Bubble Waiting to Burst? 2/03/06 Delta Associates, the VA-based research affiliate of Transwestern Commercial Services, has been providing research and analysis of the commercial real estate industry for many years now. Here is the company's current outlook ...
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Draftsmen & Craftsmen 1/26/06 Here's the latest news from Ware Malcomb, the Irvine-based national architecture, planning and interior design firm. In this update, we'll let you know about a couple of projects that they've recently completed along with new...
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January 19, 2006 - Economic Update 1/19/06 Friends and Colleagues:
The Fed just published its Summary of Commentary on Current Economic Conditions, which is commonly known as the Beige Book and is published eight times per year. Each Federal Reserve Bank gathers...
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Office Rents Increasing in Major Markets around the Globe 1/13/06 For the first time this decade, asking rents for Class A office space increased simultaneously in 10 major global markets, according to preliminary year-end 2005 figures from CB Richard Ellis Research. Hong Kong and London we...
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Draftsmen & Craftsmen - Views at 270 Wins California Construction "Best of 2005" 1/10/06 The Views at 270 won California Construction's “Best of 2005, Residential” award for its innovative approach to combining affordable housing with a national retail developer. The project, a development of Hollywood Community ...
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Healthy 2006 Predicted for Commercial Real Estate 1/09/06 Grubb & Ellis Company (OTC: GBEL), the national commercial real estate services firm, just released its 2006 North America Real Estate Forecast, which indicates that commercial real estate should have another healthy year as ...
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CA Housing Affordability Remains at 15% for October 12/14/05 The percentage of households in California able to afford a median-priced home stood at 15 percent in October, a 4 percentage-point decrease compared with the same period a year ago when the Index was at 19 percent, according...
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