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October 13, 2024
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WHAT'S NEW
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• CA Home Sales Slow in August
9/17/14
California home sales pulled back in August, reversing two months of increases, even as the median home price rose from the previous month and year, according to the latest data from the California Association of Realtors®. ...
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• Auction.com Facilitates $262 Mil in Deals for July 2014
9/11/14
Auction.com LLC, the nation’s leading online real estate marketplace, facilitated the closing of 79 commercial assets with a combined sales value of more than $262 mil during the month of July. The firm’s most recent market r...
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• San Francisco Leads the Country in High-Tech Job Growth
9/08/14
San Francisco dominates all other U.S. markets in high-tech industry growth, according to JLL's latest High-Technology Office Outlook market report. The #1-ranked city’s ability to attract high-tech companies and huge amounts...
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• US Investors Increase European Commercial Real Estate Acquisitions by 75%
9/02/14
Price movements in the U.S., coupled with improving prospects overseas, have led U.S.-based investors to increase their commercial real estate acquisitions in Europe by 75% year-over-year, according to the latest research fro...
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• California Home Investors Buying Greater Number of Homes in Rural Areas
8/22/14
Given the depletion of distressed homes on the market, investors are changing their strategy and are moving away from purchasing homes in more popular, urban areas in favor of more rural areas of the state where better deals ...
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• CA Home Prices Increase but Pace of Appreciation is Slowing
8/21/14
California home sales posted higher for the second straight month, and while the statewide median home price rose from the previous month as well as from a year ago, the pace of appreciation continued to slow, according to th...
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• National Multifamily Demand Exceeding New Construction
8/20/14
National multifamily demand continues to gain momentum as a combination of improving job growth and more households shifting from owning to renting boosted net absorption in Q2 2014, according to the latest research from CBRE...
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• Newmark Grubb Knight Frank Completes Acquisition of Cornish & Carey
8/19/14
Global real estate services firm Newmark Grubb Knight Frank (NGKF), a division of BGC Partners Inc, has wrapped up its acquisition of Cornish & Carey Commercial, a NoCal-based commercial real estate brokerage firm. Financial ...
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• High-Tech Sector Leading the Nation’s Office Market Recovery
8/15/14
Robust high-tech employment has played a major role in the recovery of the U.S. office market and has helped fuel double-digit rent growth in eight U.S. markets over past two years, according to CBRE Group Inc’s latest resear...
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• Leasing Activity Strong in the Carson/Rancho Dominguez/ 91 Freeway Corridor submarket of L.A.’s South Bay
8/01/14
Despite ongoing low levels of inventory in the Carson/Rancho Dominguez/ 91 Freeway Corridor submarket of Los Angeles’s South Bay, total square footage of industrial space leased or sold through the first half of 2014 has alre...
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• San Diego Office Market Sees Over 200k sf of Positive Net Absorption for 2nd Quarter 2014
7/18/14
Here is a mid-year review of the San Diego office market, provided by the San Diego regional office of real estate services firm Colliers International: MARKET OVERVIEW The San Diego office market posted a successful second...
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• CA Home Prices May Be Stabilizing
7/17/14
Lower interest rates and stabilizing home prices combined to boost home sales in June, according to the California Association of Realtors® (C.A.R.). However, diminished home affordability remains a challenge for buyers, part...
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• Most U.S. Office Markets Saw Vacancy Rates Decline in the Second Quarter of 2014
6/27/14
Office vacancy rates declined in most major U.S. markets during the second quarter of 2014, based on preliminary data provided to us from CBRE Group Inc. Seven out of 13 major metro office markets saw vacancy fall and nine ma...
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• AIR Prez Jason Jamison Comments on LA-Area Industrial Market
6/26/14
At the start of 2014, Jason Jamison, president of the AIR Commercial Real Estate Association (AIR), declared while taking office that the L.A. area’s industrial real estate market is robust with leasing and sale activity. He...
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• Los Angeles, San Francisco, Seattle, Denver and Houston Make the Top 10 List of U.S. Cities with Highest Percentage of Green Commercial Space
6/25/14
Los Angeles is among the top 10 U.S. cities with the highest percentage of green commercial space, according to the 2014 Green Building Adoption Index, a joint project of CBRE Group Inc. (NYSE:CBG) and Maastricht University. ...
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• Low Inventory and Affordability Issues Tempering CA Home Sales
6/18/14
California home sales eased slightly in May as a shortage of homes and housing affordability concerns held back would-be home buyers, according to the latest research provided to us by the California Association of Realtors® ...
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• UCLA Anderson Forecast Says New Home Construction Returning to Normal in California
6/12/14
UCLA Anderson Forecast’s second quarterly release of 2014 picks up where the March forecast left off, calling for “normal growth” in the three percent range through 2016. In California, the unemployment rate will continue to ...
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• First Quarter 2014 Snapshot of Downtown San Diego Office Market
6/03/14
Here’s a brief look at the Downtown San Diego office market as of the first quarter of 2014. This summary is the introduction to a more extensive update on the market, provided by real estate services firm CBRE. • Downtown S...
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• April CA Housing Market Sees Sales and Prices Increase from March
5/16/14
California’s housing market continued to perform better than expected in April with both the median home price and home sales increasing month to month, per month-end data from the California Association of Realtors® (C.A.R.)...
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• Silicon Valley Industrial Market Update
5/13/14
Here is a first quarter 2014 review of the Silicon Valley industrial real estate market, provided to us by real estate services firm Kidder Mathews. 2013 ended strong for the industrial and warehouse markets in Silicon Valle...
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