California Association of REALTORS
California's Housing market Outlook 2015
Presented by Sara Sutachan
California Community College Real Estate Educators' Conference
Hilton, Mission Valley, San Diego, CA
Friday, February 27, 2015
February 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s February 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
February condo sales closed down by almost two percent compared to the year before. Median prices continued to go up as supply continues to be down. Sellers were waiting out Mother Nature to add their homes to the market keeping new listings down in February.
• February single-family home sales: UP +5.0% over February 2014; median prices UP +7.9% ($439,500)
• February condo sales DOWN -1.8% over February 2014; median prices UP +3.5% ($403,568)
• Inventory in February DOWN -29.3% to 1,992 and Condominiums Down -32.9% to 1,057
• SF listings added to the market in February DOWN -38.7% over last year. (700 from 1,141 in 2014)
• Condo listings added to the market DOWN -33.7% over last year. (615 from 927 in 2014)
In case you missed our live broadcast of this webinar with STR, catch the presentation to help you prepare your marketing plans for 2015 with a heightened understanding of the trends and market forces impacting hotel occupancy in the year ahead.
Presenter: Brittany Baldwin, Director of Business Development, Destinations with STR
February 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s February 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
February condo sales closed down by almost two percent compared to the year before. Median prices continued to go up as supply continues to be down. Sellers were waiting out Mother Nature to add their homes to the market keeping new listings down in February.
• February single-family home sales: UP +5.0% over February 2014; median prices UP +7.9% ($439,500)
• February condo sales DOWN -1.8% over February 2014; median prices UP +3.5% ($403,568)
• Inventory in February DOWN -29.3% to 1,992 and Condominiums Down -32.9% to 1,057
• SF listings added to the market in February DOWN -38.7% over last year. (700 from 1,141 in 2014)
• Condo listings added to the market DOWN -33.7% over last year. (615 from 927 in 2014)
In case you missed our live broadcast of this webinar with STR, catch the presentation to help you prepare your marketing plans for 2015 with a heightened understanding of the trends and market forces impacting hotel occupancy in the year ahead.
Presenter: Brittany Baldwin, Director of Business Development, Destinations with STR
August 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s August’s 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®.
Boston Real Estate Market Trends:
Strong buyer activity in late spring/early summer pushed closed sales up in August. Supply and demand are pushing home prices up. New listings added to the market are helping increase closed sales.
• August single-family home sales – UP +13.5% over last year
• August Single-family median prices were UP 2.0% at $499,900
• August condo sales UP +4.6% and median prices UP +9.8% ($460,000)
• Inventory in August DOWN -13.0% to 3,500 and Condominiums DOWN -13.8% to 1,516
• SF listings added to the market in August UP +14.0% over last year. (1,445 from 1,267 in 2014)
• Condo listings added to the market UP +17.1% over last year. (910 from 777 in 2014)
Calvert Home Mortgage Real Estate & Economic Report December 2015Keith Uthe
Calvert Home Mortgage provides a simplified breakdown of statistics and and information from the Calgary and Edmonton real estate markets and how they are affecting current home prices. You will also find the most recent statistics available for key Economic Fundamentals that influence the lending industry and real estate markets in Alberta.
October 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s October 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
October closed home sales up on strong buyer activity over the late summer/early fall. Low supply in October and ongoing buyer demand pushed home prices higher. Seven straight months of new listings added to the market are giving buyers more options.
• September single-family home sales – UP +13.0% over last year
September Single-family median prices were UP +1.1% at $440,000
• September condo sales DOWN -7.3% and median prices were UP +15.5% at $454,950
• Inventory in September DOWN -12.1% to 3,688 and Condominiums DOWN -10.0% to 1,773
• SF listings added to the market in September UP +2.6% over last year. (1,586 from 1,546 in 2014)
• Condo listings added to the market UP +5.3% over last year. (1,137 from 1,080 in 2014)
San Diego Associate of Realtors
Presentation
California Community College Real Estate Educators' Conference
Hilton, Mission Valley, San Diego, California
February 27, 2015
Jobs, Jobs, Jobs! Thanks to a Real Estate Education
Community College Real Estate Vocational Educational Programs are a kickstart to employment.
www.ccsf.edu/reec or email reec@ccsf.edu
California Association of Realtors presentation by Oscar Wei, senior researcher at the CA Community College Real Estate Educators' Conference - Hilton, Oakland Airport. Friday, April 20, 2012
August 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s August’s 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®.
Boston Real Estate Market Trends:
Strong buyer activity in late spring/early summer pushed closed sales up in August. Supply and demand are pushing home prices up. New listings added to the market are helping increase closed sales.
• August single-family home sales – UP +13.5% over last year
• August Single-family median prices were UP 2.0% at $499,900
• August condo sales UP +4.6% and median prices UP +9.8% ($460,000)
• Inventory in August DOWN -13.0% to 3,500 and Condominiums DOWN -13.8% to 1,516
• SF listings added to the market in August UP +14.0% over last year. (1,445 from 1,267 in 2014)
• Condo listings added to the market UP +17.1% over last year. (910 from 777 in 2014)
Calvert Home Mortgage Real Estate & Economic Report December 2015Keith Uthe
Calvert Home Mortgage provides a simplified breakdown of statistics and and information from the Calgary and Edmonton real estate markets and how they are affecting current home prices. You will also find the most recent statistics available for key Economic Fundamentals that influence the lending industry and real estate markets in Alberta.
October 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s October 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
October closed home sales up on strong buyer activity over the late summer/early fall. Low supply in October and ongoing buyer demand pushed home prices higher. Seven straight months of new listings added to the market are giving buyers more options.
• September single-family home sales – UP +13.0% over last year
September Single-family median prices were UP +1.1% at $440,000
• September condo sales DOWN -7.3% and median prices were UP +15.5% at $454,950
• Inventory in September DOWN -12.1% to 3,688 and Condominiums DOWN -10.0% to 1,773
• SF listings added to the market in September UP +2.6% over last year. (1,586 from 1,546 in 2014)
• Condo listings added to the market UP +5.3% over last year. (1,137 from 1,080 in 2014)
San Diego Associate of Realtors
Presentation
California Community College Real Estate Educators' Conference
Hilton, Mission Valley, San Diego, California
February 27, 2015
Jobs, Jobs, Jobs! Thanks to a Real Estate Education
Community College Real Estate Vocational Educational Programs are a kickstart to employment.
www.ccsf.edu/reec or email reec@ccsf.edu
California Association of Realtors presentation by Oscar Wei, senior researcher at the CA Community College Real Estate Educators' Conference - Hilton, Oakland Airport. Friday, April 20, 2012
Real Estate Education in California is more important now than ever. Short sales, foreclosure, ethics, and property management are topics in which all real estate professionals must be skilled. The California Community College system is key to ensuring the current and next generation of real estate professionals serve all Californians will highest fiduciary service. Help ensure vocational real estate and appraisal education classes stay a vital part of your local community college curriculum!
Partners Trust La Cañada Grand Opening: 2014-2015 California Economic Outlook...Audie Chamberlain
Leslie Appleton-Young, Chief Economist for the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) 2014-2015 California Economic & Market Outlook presentation to kick off Partners Trust La Cañada Grand Opening on November, 20th 2014.
2014 - 2015 California Economic & Market OutlookLiz Kroft
A comprehensive and in depth look at the California Economy and Real Estate Market as told by Leslie Appleton-Young, Chief Economist at SILVAR (Silicon Valley Association of Realtors) in October of 2014.
RealtyTrac Presentation at Los Angeles Real Estate Investors Club October 2013ATTOM Data Solutions
RealtyTrac Vice President Daren Blomquist shared the latest housing trends at the national, state and local level with members of the Los Angeles Real Estate Investors club, also providing practical tips on how to leverage those trends to grow their business using a service like RealtyTrac.
Presentation given at the Equity Trust Networking Conference in Orlando, Fla., on Sept. 22, 2013 on leveraging the latest housing market trends to land great real estate deals.
Presentation: How Real Estate Investors can Leverage the Latest Housing Marke...ATTOM Data Solutions
Presentation give at the Equity Trust Networking Conference on Sept. 22, 2013, in Orlando, Fla., on the latest housing market trends and how those can be leveraged by real estate investors to identify homeowners motivated to sell, with problems that real estate investors can solve.
Real Estate Investing: The Key To Long Term WealthTeam Nickerson
You will lean why real estate is such a great investment vehicle, why you want to invest in real estate for the long term, how to analyze a property, how to chose where to invest based on economic fundamentals, and how to be a successful investor.
Annie Williams Market Report March-April 2016Jon Weaver
When deciding to buy a home in a multiple bid environment, there are some things buyers must do and some things they can do to increase the chances of winning the offer war.
First, all–cash offers are hard to beat, with no need for appraisals and the ability for the buyer to close quickly.
Yet, they can be beat. First, don’t just get a pre-approval letter, get a pre-approval letter on steroids.
A market update discussing affordability, average home prices, and mortgage availability for Santa Clara County and beyond. The Veridian Realty Group focuses on achieving success with both home sellers and home buyers in this dynamic real estate market. Keep up with local market news by subscribing to our newsletter at VeridianRealtyGroup.com or on the blog www.TalkToCJ.com
EDR Insight Webinar: Quarterly ScoreKeeper Market Update for 1Q2015EDR
EDR Insight Webinar: Quarterly ScoreKeeper Market Update for 1Q2015
Presented by Dianne Crocker, Principal Analyst, EDR Insight
April 2, 2015
Join us for a complimentary web event on the state of the market in the first quarter of 2015—and a look at the sectors driving growth in the new year. Attendees of this 60-minute webinar will learn:
• The status of commercial property transactions and the asset classes attracting the most attention
• This quarter’s regional, state and metro market hot spots
• Key players in the deal-making and lending worlds
• Where to focus business development efforts for 2015
• EDR Insight’s near-term forecast for environmental due diligence
Similar to California's Housing Market Outlook 2015 (20)
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
4. ECONOMIC FUNDAMENTALSARE BETTER
• Economic growth strong
• Unemployment rate 5.9% - lowest since ?
• Best employment growth since 1999, 3 million new jobs
• Construction jobs +230,000 in last 12 months
• Uncertainty from abroad, yet again
8. UNEMPLOYMENT RATE FALLING
December 2014: US 5.6% & CA 7.2%
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14% US-CA CA US
SERIES: Unemployment Rate
SOURCE: US Bureau of Labor Statistics, CA Employment Development Division
9. 2007-2010 LOST JOBS REPLACED: JAN 2014
-8
-6
-4
-2
0
2
4 California US
ANNUAL PERCENTCHANGE
SERIES:Total Nonfarm Employment
SOURCE: US Bureau of Labor Statistics, CA Employment Development Division
10. JOB LOSSES IN PRIOR RECESSIONS -
RECENT CYCLEWORST BY FAR
11. NONFARM EMPLOYMENT BY REGION
Dec 2014 Dec 2013 Change % Change
Southern California 8,741.4 8,562.3 179.1 2.1%
Bay Area 4,263.0 4,192.4 70.6 1.7%
Central Valley 1,515.3 1,481.8 33.5 2.3%
Central Coast 1,289.7 1,265.0 24.7 2.0%
North Central 1,376.1 1,331.6 44.5 3.3%
CALIFORNIA 297.3 291.5 5.8 2.0%
Nonfarm Employment (Thousands)
SERIES:Total Nonfarm Employment
SOURCE: CA Employment Development Division
12. CA JOBTRENDS – BAY AREA LEADS
1.5%
1.5%
1.7%
2.0%
2.0%
2.2%
2.3%
2.4%
2.7%
3.3%
3.7%
4.0%
0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5%
Modesto
Bakersfield
Los Angeles
Ventura
Sacramento
Stockton MSA
Orange County
Oakland
Fresno MSA
San Diego
San Francisco
San Jose
SERIES:Total Nonfarm Employment
SOURCE: CA Employment Development Division
ANNUAL PERCENTCHANGE
December 2014: CA +2.1%, +320,300
13. CONSTRUCTIONWORKERS IN DEMAND
-1.0%
-0.5%
-0.1%
0.7%
0.9%
1.4%
1.9%
2.7%
2.9%
2.9%
3.4%
3.6%
4.3%
6.2%
6.4%
-2% -1% 0% 1% 2% 3% 4% 5% 6% 7%
Nondurable Goods
Finance & Insurance
Government
Durable Goods
Retail Trade
Transportation, Warehousing & Utilities
Real Estate & Rental & Leasing
Wholesale Trade
Educational Services
Information
Leisure & Hospitality
Health Care & Social Assistance
Professional, Scientific & Technical Services
Admistrative & Support & Waste Services
Construction
SERIES:Total Nonfarm Employment By Industry
SOURCE: US Bureau of Labor Statistics, CA Employment Development Division
November 2014: CA +2.2%, +344,100;
250K new construction jobs in next 5 years
ANNUAL PERCENTCHANGE
22. LENDER SATISFACTION HAS IMPROVED
SIGNIFICANTLY OVERTHE PAST FOURYEARS
1 2 3 4 5
The timeliness of responses to your inquiries
Knowledge/professionalism of the
representative you worked with
Length of time to obtain approval/disapproval
of the short sale transaction
Expectations of financial contributions from
the seller at or after closing
Timeliness of buyer's financing approval
Your overall satisfaction with this lender
3.74
3.92
3.5
3.7
3.64
3.71
3.30
3.57
2.92
3.39
3.42
3.23
2.80
3.10
2.38
3.09
2.73
2011
2012
2013
2014
Very Dissatisfied Very Satisfied
SOURCE: California Association of REALTORS®
23. EASE OF CLOSING
0% 10% 20% 30% 40% 50%
1
2
3
4
5
27%
23%
11%
19%
20%
16%
18%
10%
28%
27%
12%
13%
15%
28%
31%
8%
11%
13%
19%
49%
2011
2012
2013
2014
Extremel
y Easy
Extremely
Difficult
SOURCE: California Association of REALTORS®
25. UNDERWRITING STANDARDS SLIGHTLY
BETTER
49%
41%
35%
45%
16% 14%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2013 2014
Easier
(access to
credit
easier for
clients)
No change
from 12
months
ago
Tighter
(access to
credit
harder for
clients)
SOURCE: California Association of REALTORS®
26. U.S. ECONOMIC OUTLOOK 2014 - 2015
2009 2010 2011 2012 2013 2014p 2015f
US GDP -3.4% 2.4% 1.8% 2.8% 1.9% 2.5% 3.0%
Nonfarm Job Growth -4.4% -0.7% 1.2% 1.7% 1.7% 2.0% 2.3%
Unemployment 9.3% 9.6% 8.9% 8.1% 7.4% 6.2% 5.6%
CPI -0.4% 1.6% 3.1% 2.1% 1.5% 1.5% 1.6%
Real Disposable
Income, % Change 0.9% 1.8% 1.3% 1.5% 0.7% 2.4% 2.4%
SERIES: U.S. Economic Outlook
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
27. CALIFORNIA ECONOMIC FORECAST
SERIES:CA Economic Outlook
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
Nonfarm Job Growth
Unemployment Rate
Population Growth
Real Disposable Income,
% Change
2011
1.1%
11.8%
0.7%
1.9%
2012
2.4%
10.4%
0.7%
1.1%
2013
3.0%
8.9%
0.9%
0.9%
2014 P
2.2%
7.5%
0.9%
3.0%
2015 F
2.4%
6.7%
0.9%
3.8%
37. MEDIAN PRICE OF EXISTING DETACHED HOMES
California, Jan. 2015: $426,790, -5.9% MTM, +3.4%YTY
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Jan-05
Jul-05
Jan-06
Jul-06
Jan-07
Jul-07
Jan-08
Jul-08
Jan-09
Jul-09
Jan-10
Jul-10
Jan-11
Jul-11
Jan-12
Jul-12
Jan-13
Jul-13
Jan-14
Jul-14
Jan-15
P: May-07
$594,530
T: Feb-09
$245,230
-59% from
peak
SERIES: Median Price of Existing Single Family Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
Jan-15:
$426,790
Jan-14:
$412,820
38. PRICE PER SQUARE FOOT
January 2015: $203, Down 3.5% MTM, Up 1.8%YTY
$0
$50
$100
$150
$200
$250
$300
$350
$400
Jan-07
Apr-07
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
PRICE PER SQ. FT.
SERIES: Median Price Per Square Feet
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
39. INVENTORY IMPROVING FROM LASTYEAR
Jan 2014: 4.3 Months; Jan 2015: 5.0 Months
Note: “Unsold Inventory Index” represents the number of months it would take to sell the remaining inventory for the month in question. The
remaining inventory for the month is defined as the number of properties that were “Active”, “Pending”, and “Contingent” (when available) and
divide the sum by the number of “Sold” properties for the month in question.
0
2
4
6
8
10
12
14
16
18
Jan-05
Jul-05
Jan-…
Jul-06
Jan-07
Jul-07
Jan-…
Jul-08
Jan-…
Jul-09
Jan-10
Jul-10
Jan-11
Jul-11
Jan-12
Jul-12
Jan-13
Jul-13
Jan-14
Jul-14
Jan-15
SERIES: Unsold Inventory Index of Existing Single Family Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
40. UNSOLD INVENTORY INDEX (MONTHS)
Note: “Unsold Inventory Index” represents the number of months it would take to sell the remaining inventory for the month in question. The
remaining inventory for the month is defined as the number of properties that were “Active”, “Pending”, and “Contingent” (when available) and
divide the sum by the number of “Sold” properties for the month in question.
Price Range (Thousand) Jan-15 Dec-14 Jan-14
$1,000K+ 7.6 4.3 6.9
$750-999K 5.5 3.1 5.0
$500-749K 4.9 3.0 4.1
$400-499K 4.7 3.0 4.0
$300-399K 4.9 3.2 4.0
$200-299K 4.5 3.3 4.0
$0-199K 4.5 3.4 4.0
SERIES: Unsold Inventory Index of Existing Single Family Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
41. WHAT HAPPENEDTO ALLTHE INVENTORY?
–Investors renting instead of flipping
–Mortgage Lock-In Effect
–Where will I go?
–Foreclosure pipeline is dry
–New construction up but still LOW
– Off- MLS (aka “pocket’) listings not
being counted in listing stats
43. WHERE AREWE HEADED?
“…By 2025, California will have a middle class of
renters.”
John Husing, Ph.D Economics
44. • Housing market is under-preforming given
fundamentals
– Low mortgage rates
– Job & Income growth are back
• And yet…
– Sales off 7.6% in 2014 compared to 2013
– Share of first-time buyers LOW
– Affordability key concern for renters
2015 -WHERE AREWETODAY?
45. • Housing supply constrained in long-run
– New construction recovery is very slow
– Missing 165,000+ new units per year
– Production has fallen short of housing needs
• Inhibited by
– Fiscal interests of local government
– Residents who disdain further development, especially
multi-family
– Unfavorable legal/business environment for
development in general & multi-family in particular
INADEQUATE HOUSING SUPPLY ISSUE
46. CALIFORNIA’S 3 HOUSING GAPS
• Housing Gaps:
– Housing affordability gap
– Homeownership gap
– Housing production gap
• Chronic problems spanning decades
47. SHARE OF FIRST-TIME BUYERS UP IN ’14 BUT
STILL BELOW LONG-RUN AVERAGE
28.1%
30.5%
0%
10%
20%
30%
40%
50%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% First-Time Home Buyers Long Run Average
Long Run Average = 38%
QUESTION: Was the buyer a first-time buyer?
SERIES: 2014 Housing Market Survey
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
48. HOUSING AFFORDABILITY DOWN
SHARPLY SINCE Q1 2012
California vs. U.S. – 1984-2014
% OF HOUSEHOLDSTHAT CAN BUY
A MEDIAN-PRICED HOME
SERIES: Housing Affordability Index ofTraditional Buyers
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
0%
10%
20%
30%
40%
50%
60%
70%
80% CA US
Annual Quarterly
49. HOUSING AFFORDABILITY IN CA: BY COUNTY
SERIES: Housing Affordability Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
HAI
64
59 57 56 56
53 53
50 49
45
41
31 29 29 28 27 27 26 24 23 22 21 21 20
17 15 15 14
0
10
20
30
40
50
60
70
% able to purchase median priced home
2014 Q4
50. INCOME REQUIREDTO BUY A MEDIAN-PRICED
HOME IN CA: (PEAKVS. CURRENT)
$56,324
$93,593
$0
$20,000
$40,000
$60,000
$80,000
$100,000
2012 Q1 2014 Q2
• Change in minimum required income:
$37,269
• Increase in income attributed to
interest rate increase:
$836 (2.2% of total change)
• Increase in income attributed to price
increase :
$36,433 (97.8% of total change)
SERIES: Housing Affordability Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
51. VERY SLOW REAL INCOME GROWTH
$0.00
$10,000.00
$20,000.00
$30,000.00
$40,000.00
$50,000.00
$60,000.00
$70,000.00
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
U.S. CAIn 2013 Dollars
SERIES: Median Household Income
SOURCE: US Census Bureau, Current Population Survey
2013 gap = $5600
52. HOMEOWNERSHIP RATE FALLING
CaliforniaVs. U.S.
53.7%
Peak: 60.2%
54.9%
64.5%
Peak: 69.0%
64.8%
40%
45%
50%
55%
60%
65%
70%
75% CA US
SERIES: Homeownership Rates
SOURCE: U.S. Census Bureau
55. CAV. US PRICE GAP: $10KTO $246K
1970-2014
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000 California US
$10K to $246
SERIES: Median Price of Existing Single Family Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
2014 DollarValue
56. STUDENT LOAN DEBT:25% OF RENTERS
Yes, 23%
No, 75%
Refused, 2%
Student Loan Debt
SERIES: 2013 Renter Survey
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
78%
8%
6%
3%
2%
2%
<$10,000
$10-$20K
$20-$50K
$50-$100K
> $100K
Refused
Amount of Debt
58. CA PERMITS UP BUT MORE UNITS NEEDED
2013: 57,496 Units, Up 43.0% from 2012
SERIES: New Housing Permits
SOURCE: Construction Industry Research Board
0
50000
100000
150000
200000
250000
300000
350000 Single Family Multi-Family
Household Growth: 165,000/yr
59. REASONS FOR RENTING INSTEAD OF BUYING
44%
9%
6%
6%
6%
5%
5%
3%
2%
Can't afford to buy
Poor credit / Can't qualify
Renting is easier
Young/Starting out/Not ready
Flexibility/Freedom if renting
Cost/Upkeep/Responsibility
Plan to / Saving for down
Never considered it/No interest
Disabled/On disability
SERIES: 2013 Renter Survey
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®
60. DOWN PAYMENT RESOURCE DIRECTORY
Down Payment Resource™
Homeownership Program Index’s
Key Findings:
Over 300 programs in California
59% provide direct down payment &
closing cost assistance
10% provide mortgage credit up to
$2,000 for the life of the loan
26% are available to repeat buyers
There are hundreds of homeownership programs
available to help motivate buyers. Visit
downpayment.car.org to find them.
61. PEOPLE WOULD PREFERTHE FOLLOWING OVER GOING
THROUGHTHE HOME MORTGAGE PROCESS AGAIN:
SOURCE: Guaranteed Rate Mortgage Survey of 1,000 adults 25 and older USA Today April 2014
67. 1/3 FROM CHINA
Please tell us about your last closed transaction with an international client. What is your client’s country of permanent residence?
3.8%
4.7%
8.3%
14%
35%
0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0%
India
Japan
Mexico
Canada
China/Hong Kong
68. WHY INTERNATIONALCLIENTS BUY
5%
5%
5%
7%
12%
14%
18%
0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%
Investment to acquire legal permenant U.S.
resident status
Tired of renting
Affordable price
Desired a better/other location
Changed jobs/relocated
To rent out property
Investment/tax advantages in U.S.
What was your clients’ main reason for buying/selling now in your last closed transaction with an international client?
69. INTENDED USE FOR PROPERTY? HOME
4%
27%
38%
30%
0%
2%
7%
91%
0% 20% 40% 60% 80% 100%
Other
Vacation/Second Home
Investment/Rental Property
Primary Residence
US Buyer
International Buyer
What was the intended use of the property in your last closed transaction with an international client?
70. ALL CASH INTERNATIONAL BUYERS
0%
20%
40%
60%
80%
100%
International buyers Traditional buyers
69%
27%
31%
73%
All cash Obtained financing
SOURCE: 2013 International Client Survey, 2013 Annual Housing Market Survey
How did your last international buyer pay for the property?