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DS News: 3 Factors Real Estate Professionals are Overlooking
University of Southern California Lusk Center for Real Estate released Tuesday a discussion with Chairman Emile Haddad on what he believes are game changers for the industry.
According to Haddad, technology advances and demographic shifts are generally ignored, but he believes those factors are among the most important for real estate professionals to consider.
Haddad noted that government regulations need to be quick to keep up with technology advances, and how that impacts the housing market.
Telemundo52: Pronostican aumento de alquileres en Los Ángeles
Un informe de la Universidad del Sur de California (USC) revela que los precios de los alquileres de apartamentos podrían aumentar en los próximos dos años.
De acuerdo con los resultados del estudio, en el año 2015, alrededor de un 30 por ciento de los inquilinos en los condados de Los Ángeles y Orange gastaron más de la mitad de sus salarios en costos de viviendas.
Estos gastos podrían incrementarse ya que el estudio calcula que, en los próximos dos años, los inquilinos experimentaran un aumento del 3 por ciento en los precios de los alquileres.
San Fernando Valley Business Journal: Apartment Rents Projected to Rise
Residential real estate experts and economists have projected apartment rent movement and vacancy over the next two years for Southern California and the news is not good, particularly for L.A. County.
The Casden Real Estate Economics Forecast, presented annually by USC’s Lusk Center for Real Estate and Beacon Economics of Los Angeles, reported Wednesday on rising rents and falling vacancies for Los Angeles, Ventura, Orange and San Diego counties and the Inland Empire.
San Diego Metro: Daily Business Report-Oct. 11, 2017
San Diego Community College District Economic Impact Reaches $3.7 Billion in 2016-17
The San Diego Community College District (SDCCD) contributed approximately $3.7 billion in net spending – or 1.8 percent of the county’s total gross regional product – during the 2016-17 fiscal year, according to a new report from an Idaho-based economic modeling firm.
Real Estate Victorville: California apartment rents will keep climbing, report predicts – Los Angeles Times
Richard Green, director of the USC Lusk Center for Real Estate, said that slowdown probably reflects a flood of new apartment buildings that have opened. But he doesn’t expect the trend to continue. “We think incomes are going to keep rising and we are… $2373 average rent ahead: Steep hikes to continue through 2019”, USC says. Report OC Register. Average Apartment Rent in LA County Expected to Reach $2300 in 2018: Report KTLA
Press Telegram: $2,373 average rent ahead: Steep hikes to continue through 2019, USC says
With homeownership falling and the number of tenants growing, Southern California rents will continue to rise over the next two years, USC’s Casden Multifamily Forecast said Wednesday, Oct. 11.
That translates into rent hikes of $149 a month over the next two years in Orange County, $136 a month in Los Angeles County and $124 a month in the Inland Empire, according to the forecast, produced by the University of Southern California Lusk Center for Real Estate.
Specifically, the forecast estimates:
The OC Register: $2,373 average rent ahead: Steep hikes to continue through 2019, USC says
With homeownership falling and the number of tenants growing, Southern California rents will continue to rise over the next two years, USC’s Casden Multifamily Forecast said Wednesday, Oct. 11.
That translates into rent hikes of $149 a month over the next two years in Orange County, $136 a month in Los Angeles County and $124 a month in the Inland Empire, according to the forecast, produced by the University of Southern California Lusk Center for Real Estate.
Specifically, the forecast estimates:
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L.A. Times: Southern California apartment rents will keep climbing, report predicts
Southern California apartment rents are expected to get even pricier over the next two years, as demand increases along with job growth, a report released Wednesday said.
In Los Angeles County, average rents in 2018 are forecast to hit $2,304, up 3% from the previous year. In 2019, rents are expected to climb another 3%, to $2,373, according to the annual USC Casden Real Estate Economics Forecast.
Similar increases are expected in Orange County, where the average rent is expected to rise to $2,157 in 2019.