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Lack of Inventory Limiting CA Home Sales 3/18/13 California’s median home price marked a full year of annual price gains, propelled by strong sales of higher-priced homes in February, while a lack of inventory constrained total home sales for the month, according to the lat...
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National Economy Beginning to Ramp Up 3/14/13 In its first quarterly report of 2013, the UCLA Anderson Forecast’s outlook for the United States says that the country’s Gross Domestic Product is poised to surpass the 2% annual growth rate of the past four years and reach ...
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Strong Job/Population Growth Markets and Food & Beverage to Lead Retail in 2013 2/26/13 The retail landscape in the year ahead remains varied with distinct high and low features. According to Jones Lang LaSalle, bright spots will be the food and beverage industry, and select markets with strong population growth...
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Los Angeles/Orange County Ranked #8 as Key Industry Hub for Life Sciences 2/25/13 With a series of key brand-name drug patents set to expire in 2013, deadlines collectively referred to as the “patent cliff,” life sciences companies are bracing themselves for a revenue drop some estimate could reach $30 bil...
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MBA Forecasts $254 Billion of Commercial/Multifamily Mortgage Originations in 2013 2/07/13 In its second annual forecast of the commercial/multifamily real estate finance markets, the Mortgage Bankers Association (MBA) projects originations of commercial and multifamily mortgages will grow to $254 bil in 2013, an i...
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Commercial/Multifamily Mortgage Originations Take Dramatic Jump in 2012 2/05/13 Commercial and multifamily mortgage originations increased 49 percent between the third and the fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011, according to the Mortgage Bankers As...
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Silicon Valley Office Market Continues to Tighten but New Construction Should Offer Tenants More Options by 2014 1/29/13 The Silicon Valley office market sustained its dynamic performance in the fourth quarter of 2012 as steady hiring and anticipated expansion among the region’s top employers and up-and-coming start-ups fueled demand for office...
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CA Home Affordability Dropped to Below 50% in Third Qtr 2012 11/13/12 Rising home prices offset lower interest rates, reducing housing affordability in California during the third quarter of 2012, according to the latest data from the California Association of Realtors® (C.A.R.).
The percenta...
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As LA’s Economy Improves, Retail Should Follow 10/31/12 Los Angeles employers added more positions in the second quarter than during any other three-month period over the last decade — an indication that the county’s economic recovery could be gaining traction, which will support ...
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September Brought CA’s Highest Median Home Sales Price in Over Four Years 10/18/12 A continued shortage of available homes for sale lowered California home sales in September, while the median price reached the highest level in more than four years, according to the latest research sent out by the Californi...
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CA Housing Market on the Mend 10/04/12 California’s housing market will continue to recover in 2013, as home sales are forecast to increase for the third consecutive year and the median price to rise for the second straight year, according to the California Associ...
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Diminishing Housing Inventory Limiting Sales in CA 9/27/12 While California pending home sales rose in August from July, a continuing shortage of housing inventory sent pending sales lower from the previous year. Additionally, the lack of supply, particularly of REO properties, sent...
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CA Home Median Price Reaches Four-Year High 9/18/12 California home sales declined in August but continued to maintain a strong pace, recording five consecutive months of year-over-year sales gains, while the median price reached a four-year high, according to the latest data ...
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Strong Job Growth Fueling US High-Tech Office Markets 9/07/12 Job growth in the high-tech sector is fueling strong rental rate growth and declining vacancies in tech-oriented office markets across the U.S., according to a new report entitled “Tech-Twenty Office Markets,” just released b...
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Seattle Office Market Continues to Outpace the Nation 8/20/12 The Seattle office market had a very active first half of the year, according to real estate services firm Kidder Mathews’ 2nd Quarter 2012 Real Estate Market Review for the area. Leasing was strong in both Seattle and Bellev...
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Tech Industry Fueling Office Growth in Markets across the US 8/17/12 Job growth in the high-tech sector is fueling strong rental rate growth and declining vacancies in tech-oriented office markets across the U.S., according to a new report entitled “Tech-Twenty Office Markets,” just released b...
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Uncertainty about Sacramento Economy Bodes Well for Region’s Rental Market 8/13/12 The lack of confidence surrounding the Sacramento economy will bode well for apartment owners through 2012, according to Marcus & Millichap’s 3rd Quarter 2012 Apartment Research Report for the region. Though job growth has re...
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San Francisco Peninsula Market Still Benefiting from an Improving Economy 8/07/12 The San Francisco Peninsula and surrounding metro area continues to benefit from an improving national economy and commercial real estate market. While the office market has taken a bit of a breather, with more moderate leasi...
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Bay Area Rental Demand Begins to Spill into the East Bay 7/25/12 Job creation throughout the Bay Area, as well as lingering effects of the housing crisis, have heightened demand for apartments in the East Bay, leaving developers scrambling to catch up, according to Marcus & Millichaps’ Thi...
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San Diego’s Office and Industrial Markets Showing Signs of Recovery 7/12/12 San Diego’s industrial and office markets demonstrated strong signs of recovery during the second quarter of 2012, according to a Second Quarter Market Report from Voit Real Estate Services. Office vacancy dipped to 14.24 pe...
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