News, Articles, Events:
Los Angeles Times: Southern California home sales, prices fell in DecemberInvestors poured into Southern California's housing market in December, but many bought low-cost homes, pushing sales and the median price down from a year earlier.
January 19, 2012
Multi-Housing News: Multifamily's FutureThanks to a favorable
combination of limited
supply and demand edging
up, market conditions for the multifamily sector
are likely to be favorable in 2012. As well, the
tepid market for home buying is likely to continue
into 2012, further boosting re
January 05, 2012
The New York Times: I Just Got Here, but I Know Trouble When I See ItEconomic View: BELIEVE it or not, times are getting better.
December 30, 2011
SFGate: Borrowers will pay the price of payroll tax cutBy Kathleen Pender
December 25, 2011
GlobeSt.com: Forecast: Industrial Is Hot, Office Lukewarm in SoCalBy Morris Newman
December 08, 2011
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Whats New:
USC Casden Industrial and Office Forecast 2011
The USC Casden Industrial and Office Forecast of real estate in Los Angeles County, Orange County and the Inland Empire shows signs of a slow market recovery. The forecast report reveals that all three regions experienced job growth and increased demand for both property types in 2011. Each area's submarkets found lower vacancy rates in 11 of 17 office submarkets and 11 of 14 industrial submarkets. On the rent side, four office submarkets and eight industrial submarkets experienced increases. Overall, declines were smaller than in the previous two years. As a result, while office demand is expected to grow over the next two years, office rents were down for the third straight year and will continue to decline. On the industrial side, all three markets are expected to see ongoing declines in vacancies and increases in rents over the next two years.
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