Archive for June, 2011

Housing Prices rise in annual Spring Buying Spree

Thursday, June 30th, 2011

For the first time in 8 months, home prices in most of the major cities in the United States are rising.   Likely these numbers are boosted by an annual wave of Spring buying and analysts warn that the increase may only be temporary.  Prices rose in 13 of the cities tracked by the S&P home [...]

Multifamily Wins Over Other Property Types

Thursday, June 30th, 2011

Multifamily properties set themselves apart from office, industrial and retail properties by the mere fact people live in them. This fundamental fact has given multifamily properties an edge over other property types in the difficult market conditions over the last few years. In a world where foreclosures have dislocated thousands from their primary residences, rental [...]

The Rise Of The Third Coast: The Gulf Region’s Ascendancy In U.S.

Thursday, June 30th, 2011

For most of the nation’s history, the Atlantic region — primarily New York City — has dominated the nation’s trade. In the last few decades of the 20th Century, the Pacific, led by Los Angeles and Long Beach, gained prominence. Now we may be about to see the ascendancy of a third coast: the Gulf, [...]

Calling the bottom of a downward market cycle

Thursday, June 30th, 2011

Everyone involved in commercial real estate (owners, investors, buyers and brokers) wants to know “have we hit bottom.” How do you tell if we have hit the bottom of a downward cycle? One of the surest signs that we have hit the bottom and are on our way back up from a decline is confidence. [...]