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February 28, 2024
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ETC... ETC... NEWS
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• Percentage of Distressed Sales in CA Continues to Drop
8/30/13
The share of equity home sales in California continued to grow in July, increasing on a monthly basis for 17 of the last 18 months, while distressed sales plunged by half compared to a year ago, according to the latest data f...
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• CA Home Sales Reach Highest Level in Over a Year
8/19/13
California’s housing market bounced back after a slight dip in June to reach the highest level since May 2012, as home prices continued to post strong annual gains and home sales recorded the first annual increase in six mont...
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• Property Tax Filing Deadline for Much of California Approaching Fast
8/15/13
Here’s a helpful reminder to property owners, managers, real estate directors and other professionals overseeing real property matters – the property tax filing deadline for 2013 tax season ends September 16, 2013. This appli...
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• San Francisco Boasts Lowest Office Vacancy Rate of Any Major US Metro
8/02/13
Office space absorption is up and vacancy rates are coming down in many markets across the US, according to Jones Lang LaSalle's Second Quarter 2013 Office Outlook. In particular, San Francisco’s high-growth economy has led t...
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• Mid-Year Numbers on Silicon Valley and Mid-Peninsula Office markets
7/19/13
Jones Lang LaSalle has provided some preliminary stats and highlights for the Silicon Valley and SF Mid Peninsula office markets, as of the end of June 2013. Highlights of their mid-year numbers include: Silicon Valley •...
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• CA Median Home Prices Remain Over $400k for Third Straight Month
7/17/13
California home sales pulled back in June as home prices continued to climb, with most regions posting healthy double-digit year-over-year gains and the statewide median price maintaining above the $400k for the third straigh...
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• Technology Remains Primary Driver of Strong Tenant Demand in San Francisco
7/16/13
The San Francisco office market continues to attract tenants and investment from across the nation and around the globe, according to a just released second quarter 2013 San Francisco Office Market Report from Kidder Mathews....
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• Allen Matkins/UCLA Anderson RE Survey Sees Continued Optimism
7/10/13
Developers expressed evident optimism regarding commercial real estate market conditions in the latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey. The biannual survey projects a three-year a...
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• CA Homes Prices See Largest Year-Over-Year Gain in 33 Years
6/19/13
Strong sales growth in higher-priced markets and continued housing supply shortage pushed up California’s median home price in May, resulting in the largest year-over-year price gain in at least the last 33 years, per the lat...
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• C.A.R. Surveys Current Home Investors
5/29/13
Investors have played a key role in the California housing market recovery for the past four years. Low mortgage rates, attractive home prices, and low yields on alternative assets have fueled demand for investment properties...
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• Distressed Home Sales in CA at Lowest Level Since Feb 2008
5/23/13
Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five years, according to the latest...
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• CA Home Prices Continue to See Strong Gains
5/16/13
Fueled by high demand and tight inventory, California home sales and prices both experienced strong increases in April, with the median price surpassing the $400,000-mark for the first time in five years, according to the lat...
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• CA Housing Affordability Dropping
5/13/13
Higher home prices put a dent in California’s housing affordability during the first quarter of 2013, according to the most recent data from the California Association of Realtors® (C.A.R.). The percentage of home buyers who...
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• CompStak Offers a New Solution for Sharing and Accessing Deal Comps
5/08/13
Online commercial lease info provider CompStak is about to launch its lease comp services in Los Angeles on June 1, and also in Washington, D.C., on July 1. CompStak, led by CEO Michael Mandel, says that they make commercial ...
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• CA Median Home Price Reaches Highest Level Since May 2008
4/16/13
Strong sales in higher-cost coastal regions and heated market conditions drove California’s median home price to its highest level in March since May 2008, while inventory shortages continued to stifle home sales, according t...
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• James W. Arce Joins Cassidy Turley as Senior Managing Director, Western Region
4/04/13
James W. Arce has joined Cassidy Turley as Senior Managing Director, West Region. In his new position, Arce will take a leadership role in account management and business development efforts as Cassidy Turley expands its prop...
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• UCLA Anderson 2013 Orange County Outlook
4/03/13
Here is a 2013 Orange County Economic Outlook and a look at the U.S. and California economies provided to us by the UCLA Anderson School of Management. This Executive Summary was prepared by: Jerry Nickelsburg, Adjunct Pro...
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• Non-Distressed Sales of CA Homes at Highest Level Since April 2008
3/26/13
Pending home sales in California rose in February from the previous month but were lower than year-ago levels. Meanwhile, equity sales rose to their highest level in nearly five years, according to just-released data from th...
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• Jak Churton Joins Jones Lang LaSalle as Managing Director
3/22/13
Jak Churton has joined Jones Lang LaSalle’s Northern California operations as a Managing Director. Churton, a 13-year veteran of San Francisco real estate brokerage, will be based in San Francisco. Churton joins JLL from CB...
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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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