Skip to content

News

How Coronavirus Changed The CA Housing Market In 2020

How Coronavirus Changed The CA Housing Market In 2020 Coronavirus has touched every corner of life in California, and the real estate market is no exception. Some might think home prices would be low due to the pandemic — but instead, you couldn’t be further from the truth. “Buyers think because we’re in the midst…

READ MORE...

California Multifamily Will Recover By the End of 2021

California Multifamily Will Recover By the End of 2021 “We anticipate multifamily in California to return to pre-pandemic occupancy levels by the tail end of 2021,” Withers, SVP and senior director at Matthews, tells GlobeSt.com. “Class-A assets that have been hit hard with increases in vacancies and softening of rents are going to take some…

READ MORE...

Urban Pacific Announces Equity Commitments on Three New UTH Workforce Housing Projects

Urban Pacific Announces Equity Commitments on Three New UTH Workforce Housing Projects Urban Pacific Announces Equity Commitments on Three New UTH Workforce Housing Projects Accelerating its workforce housing development business plan, the Urban Group of Companies, has received equity commitments to develop three new Urban Town House (UTH) workforce housing communities, all located in Long…

READ MORE...

The Real Economic Challenge of 2021

The Real Economic Challenge of 2021 “The recovery won’t be sluggish During the last recession, the housing price bust set into motion a chain of events that led to a slip in aggregate demand that the Fed allowed to become a collapse and then Congress never filled it with fiscal policy. That led to an…

READ MORE...

How the Remote Work Revolution Could Change California’s Housing Crisis

How the Remote Work Revolution Could Change California’s Housing Crisis “Despite the dramatic dip in median rent in places like San Francisco and Los Angeles, experts say the rental market in lower income communities has only softened slightly. While rents may not be rising as much as they used to, the housing crisis for these…

READ MORE...

Luxury Ghost Towns

Luxury Ghost Towns “At the end of 2020, though, the CityCenter area is only a little bit busier than it was in its parking lot days. Behind all the floor-to-ceiling glass, pert, well-pressed salespeople tinker with clothes in empty stores, with security guards poised blankly at the gilded doors. The development’s public plaza echoes with…

READ MORE...

Gen Z Faces Housing Affordability Challenges

Gen Z Faces Housing Affordability Challenges “Gen Z May Choose Roommates Despite Pandemic When times get tough, young renters often double up with roommates or move home to live with their parents for a time. “Younger cohorts are typically disproportionately affected by employment losses in recessions, a fact already reflected in the April and May…

READ MORE...

Friday Economic Update | 1.08.2021

Friday Economic Update | 1.08.21 Data Updates: 1/4 to 1/8: NACM credit managers’ index, ISM manufacturing, ISM services, STLFSI, weekly unemployment claims, temporary employment, and yield curve; 12/28 to 12/31: University of Michigan consumer sentiment (month end), weekly unemployment claims, and STLFSI; 12/21 to 12/24: Existing home sales, CFNAI, private building permits, weekly unemployment claims,…

READ MORE...

Friday Economic Update | 1.1.2021

Friday Economic Update | 1.1.21 Data Updates: 12/28 to 12/31: University of Michigan consumer sentiment (month end), weekly unemployment claims, and STLFSI; 12/21 to 12/24: Existing home sales, CFNAI, private building permits, weekly unemployment claims, and STLFSI; 12/14 to 12/18: Total vehicle sales, industrial production and capacity utilization, retail sales, STLFSI, and weekly unemployment claims;…

READ MORE...

Friday Economic Update | 12.18.20

Friday Economic Update | 12.18.20 Data Updates: 12/14 to 12/18: Total vehicle sales, industrial production and capacity utilization, retail sales, STLFSI, and weekly unemployment claims; 12/7 to 12/11: NFIB small business optimism, nonfarm job openings, nonfarm hires, STLFSI, weekly unemployment claims, and University of Michigan consumer sentiment; 11/30 to 12/4: NACM credit managers’ index, ISM…

READ MORE...