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CA Home Sales Down 12.6% from '06; Prices Up 1.9% 3/02/07 January saw homes sales in California drop 12.6% from the previous year, while prices remained more resilient, with a modest increase of 1.9% from January of 2006, according to the California Association of Realtors® (C.A.R.)...
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Affordability for First-Time Buyers in CA Declines to Second Lowest Level on Rec 2/13/07 Affordability concerns continued to impact the residential real estate market in California, with the share of first-time buyers declining to their second lowest level on record, from 30.5% in 2005 to 27.1% in 2006, according...
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Economic Update 2/12/07 Friends and Colleagues:
This week Eugenio Aleman, PhD, Senior Economist with Wells Fargo Economics talks with us about Employment and Economic Growth, and “Dark Matter,” and its possible impact on the Dollar, the Economy a...
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December CA Housing Sales Down 15.3%; Prices Up 3.7% 2/05/07 The number of home sales in California for the month of December was down 15.3% from one year earlier, although the median price of an existing home was up 3.7% compared to the prior year, according to the most recent figures...
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Draftsmen & Craftsmen 2/01/07 CB Richard Ellis Investors has wrapped up construction on a two-building, 1.2 msf industrial development within San Bernardino County's master-planned Aqua Mansa Industrial Center. The project, called Aqua Mansa Gateway, cons...
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Draftsmen & Craftsmen 1/19/07 The City of Riverside has awarded Seattle-based Bayley Construction a $29.8 mil contract to design, build and rehabilitate the historic Fox Theater, on a main corner site in downtown Riverside, into a performing arts theater....
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New RENTV Executive Subscriber Report: Ventura County Hot Transactions 1/18/07 Our latest Executive Subscriber report will update you on the past 12 months of closed deals from throughout Ventura County. The report, which looks at office, industrial and retail lease and sale transactions, is a great sou...
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Draftsmen & Craftsmen 1/09/07 J.D. Diffenbaugh Inc, the Riverside-based general contracting firm, has been involved in a number of notable projects in the Inland Empire of late. Here's a quick review of some of their latest assignments.
PGP Partners Inc ...
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November Home Sales in CA Down 22.2% from Prior Year 12/28/06 November home sales in California dropped 22.2 percent in November in California compared with the same period a year ago, while the median price of an existing home increased 1.4 percent, according to the latest figures from...
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Draftsmen & Craftsmen 12/27/06 Newport Beach-based McCarthy Building Companies began construction this month on the new Centennial Complex at Loma Linda University in Loma Linda, a project that represents the first academic facility to be built at the univ...
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Economic Update 12/14/06 Friends and Colleagues:
This week, Eugenio Aleman, PhD, Senior Economist with Wells Fargo Economics talks with us about the Economy, the Labor Market, Mr. Bernanke, and Real Risks for 2007.
The Economy
Dr. Aleman sugge...
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Median Price of CA Home Up 2%, While National Price Down 3.5% 12/06/06 Although the median price of a home across the nation in October dropped a record 3.5% from one year earlier, according to just released info from the National Association of Realtors, here in California the median price is a...
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SoCal Office and Industrial Markets Poised for Growth 12/05/06 Close to 200 people met today on the campus of USC to hear a panel of experts offer a review of SoCal's office and industrial markets for the current year, which is coming to a close, along with some valuable insight into wha...
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Draftsmen & Craftsmen 12/04/06 Taisei Construction Corporation has begun work on 110k sf of new academic and administrative buildings for the Long Beach City College Liberal Arts Campus. Located at the South Quad Complex between Carson & Clark Streets, th...
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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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