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24% of First-Time Buyers Can Afford Median-Priced CA Home 11/30/06 The percentage of first-time buyers in California able to afford a median-priced home stood at 24 percent in the third quarter of 2006, compared with 28 percent for the same period a year ago, according to the latest figures ...
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Draftsmen & Craftsmen 11/20/06 Construction work has begun on a unique two-story, 175k sf office and life science addition to an existing building in San Francisco's China Basin, adjacent to Mission Bay. The property, known as the Berry Street Building, is...
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Economic Update 11/07/06 Friends and Colleagues:
This week Michael Swanson, Senior Economist with Wells Fargo Economics talks with us about employment, interest rates and housing. Here are some sound bytes from Swanson's thoughts:
Employment
• ...
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C.A.R. Forecasts a 2% Price Drop for CA Homes in 2007 10/31/06 Look for home prices in California to drop a bit next year, while the sales pace is expected to also decrease, as the market goes through a stabilization period in 2007. At least that's the opinion of the CALIFORNIA ASSOCIATI...
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September CA Sales Drop 31.7% from 2005 10/27/06 Sales of homes in California dropped a hefty 31.7% in September compared with the same period one year earlier, while the median price of an existing home managed to eke out a 1.8% increase over the prior year, according to t...
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Draftsmen & Craftsmen 10/23/06 McCarthy Building Companies Inc, out of Newport Beach, was selected to build three new projects at the St. Joseph Hospital campus in Orange. The projects include a new 87k sf Cancer Center, a 131k sf medical office building ...
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Economic Update 10/11/06 Friends and Colleagues:
This week, Scott Anderson, Ph.D., Senior Economist with Wells Fargo Economics, talks with us about confusing indications from recent payroll data, implications on interest rates through the end of 2...
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Should Governments have more Restrictions on the Use of Eminent Domain? 10/09/06 The following two commentaries were penned by Fred Schnaubelt for the San Diego Daily Transcript and were published on August 17th and September 6th, respectively. We decided to reprint these in RENTV after Mr. Schnaubelt for...
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CA Home Sales Drop 30% in Biggest Year-to-Year Decline since Aug ‘82 9/27/06 California home sales decreased 30.1 percent in August compared with the same period a year ago, while the median price of an existing home increased 1.6 percent, according to the latest figures from the California Associatio...
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Draftsmen & Craftsmen 9/22/06 In this latest edition of our regular Draftsmen & Craftsmen column, we'll continue to update you about the most recent project assignments, completions and other notable news from some of the top architecture, design and gene...
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Economic Update 9/12/06 Friends and Colleagues:
This week Eugenio Aleman, Ph.D., Senior Economist with Wells Fargo Economics, shares with us his thoughts about some inflation indicators, and the health of the labor market.
Confusion on the Infla...
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Rapidly Growing Mortgage Brokerage is No Apprentice 9/08/06 Not satisfied with your current mortgage broker? Tell him “You're fired!” and give a call over to Trump Mortgage, the fast-growing commercial and residential mortgage financing company that's popping up all over the country. ...
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July Figures Show 30% Drop in CA Home Sales from Prior Year 9/05/06 Home sales tumbled a hefty 29.9 percent in July in California compared with the same period a year ago, while the median price of an existing home increased 5.1 percent, compared to figures from one year earlier, according to...
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Changing Global Trade Environment Impacting Real Estate 8/24/06 Changes in international trade and the quantity of goods coming into the US from other parts of the world is having a dramatic impact on real estate across the country, but particularly in markets surrounding major ports, suc...
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23% of First-Time Buyers Can Afford Median-Priced Home in CA 8/23/06 The percentage of first-time buyers in California able to afford a median-priced home stood at 23 percent in the second quarter of 2006, compared with 30 percent for the same period a year ago, according to a newly developed ...
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Office Market Expected to be Strongest Over Next Five Years 8/16/06 Here is a mid-year real estate forecast from Property & Portfolio Research (PPR), the highly regarded research firm based out of Boston. For more information, visit their web site at www.ppr.info.
Vacancy Rates Continue to F...
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Draftsmen & Craftsmen 8/11/06 Millie and Severson Inc, the Los Alamitos-based general contractor, is involved in a lot of major industrial projects around SoCal. In the Inland Empire, M&S recently wrapped up work on a 706k sf industrial project in Redland...
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SD Retail Market Looking Good Thanks to Strong Local Economy 8/01/06 Here's the latest scoop on the retail market in San Diego County, which, according to the most recent research from Burnham Real Estate Services, continues to maintain a strong and viable market, thanks to a still strong loca...
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Apartment Occupancy Continues to Climb 8/01/06 While the home buying market may be cooling down, the rental market is heating up, as second quarter data released by RealFacts on July 15 reveals increased occupancy across all but one of the 29 major MSAs that the well-rega...
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June CA Home Prices Up 6.2% from 2005, but Sales Drop 26.3% 7/27/06 Although it seems that the majority of economists and real estate industry experts tend to feel that the residential real estate boom is over and that the upperhand is now with prospective home buyers, the median price of an ...
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