Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the April 9, 2009 edition of North County Times:
Vacancies up, rents flat at local apartments
North County Times
Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the April 9, 2009 edition of Business Week
Los Angeles County rents fall, demand down
Business Week
...Los Angeles County apartment rents decreased by an average of 3.8 percent last year, but things remained more stable in the San Gabriel Valley, according to a report released Wednesday. The USC Casden Real Estate Economic Forecast said the L.A. County market experienced sharp declines in demand in 2008...
Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the April 10, 2009 edition of Thai Press Reports:
United States: Apartment Rents Fall in Southern California as More Tenants Get Evicted
Thai Press Reports
...The annual report by the University of Southern California found that the average rent in the Los Angeles area fell nearly four percent in 2008 as apartment occupancy rates dropped and new units came on the market.
Stan Ross, Chairman of the Board of the USC Lusk Center for Real Estate is quoted in the April 12, 2009 edition of Business Week:
Will Commercial Loan Losses Hurt Regional Banks?
Business Week
By David Bogoslaw
...For many regional banks, commercial loans constitute more than 50% of their loan portfolios. In an Apr. 9 note, Oja said he was "increasingly concerned about commercial lending exposure at regional banks" because "we think commercial lending credit declines may begin in force this year..."
Dr. Richard Green, Director of the USC Lusk Center for Real Estate, is quoted in the April 12, 2009 edition of the Hartford Courant:
Market Pulse; Two Big Builders Merging
Hartford Courant
...The combination would pair the strength of Pulte in creating housing for affluent retirees with Centex's niche serving first-time buyers.
The deal makes sense in these tough times for home builders, said Richard Green, director of the University of Southern California's Lusk Center for Real Estate.
News of the Week; Rental Market
Los Angeles Business Journal
Gary Painter, associate professor for the University of Southern California School of Policy, Planning, and Development was quoted in the April 14, 2009 edition of Multi-Housing News:
90-Degree Turn: Stimulus Package Redirects Housing Efforts to Affordable Rentals
Multi-Housing News
By Eugene Gilligan
...The American Recovery and Reinvestment Act of 2009 is now law and on task to kick-start the moribund U.S. economy, including a re-dedication by the federal government to developing and rehabilitating affordable housing...
Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the April 15, 2009 edition of Associated Press:
Firm: SoCal median home price stable since January
Associated Press
By Jacob Adelman
...The median home price in Southern California has been stable for three straight months while sales have been increasing, a real estate tracking firm said Wednesday...
Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the April 16, 2009 edition of Los Angeles Times:
Is worst over for housing slump?
Los Angeles Times
By Peter Y. Hong and David Pierson
...Southern California home prices held steady for the third straight month in March, a sign that the housing slump may be near its bottom...
...The Southern California median sale price is now less than half what it was in 2007, according to DataQuick.
Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the April 16, 2009 edition of NuWire Investor:
Unemployment Rates Significantly Impacting Southern California's Rental Markets
NuWire Investor
By Nellie Day