In recent times, not many young renters have made the big move to becoming homeowners. According to the U.S. Census Bureau’s American Community Survey (ACS), despite an increase in the young adult population, the number of home owners between the ages of 25 and 34 has declined steadily between 2007 and 2012, with a yearly average of 300,000.
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Monthly Archives: December 2015
Office Space Prices
The cost of housing is something we are all familiar with; from paying your own rent or mortgage to having relatives in other states, we inevitably remain aware of what it costs to live in the United States. But do you know how much office spaces cost? The rates of commercial real estate like office buildings are indicative of the amount of business being conducted in an area and can be used to better understand a region’s current and future economy. Continue reading →
Home Construction Sees Climb
The housing market is witnessing a recovery as construction of single-family homes and apartments steadily increases. According to the Department of Commerce, builders began construction on 1.173 million units in November, a 10.5 percent increase from October, when calculated at an annual rate. This is welcome news as in October the National Association of Homebuilders (NAHB) released their housing market index (HMI) figure of 62, representing a three-point drop in homebuilder confidence from a month before. Continue reading →
Interesting Real Estate Trends for 2016
The 37th Emerging Trends in Real Estate® published by Pricewaterhouse Coopers (PwC) and the Urban Land Institute (ULI) provides an in depth analysis of trends in real estate investments, development, finance, and issues across U.S.A. and Canada. Participants of the survey include private property owners or developers, real estate firms, investment managers, banks, and brokerages to provide information from different realms of the housing continuum. We focus on two aspects, the rising popularity of the suburbs and agriculture in the big cities.
The Effect of Women on Boards
Here’s a fact: diverse boardrooms and executive offices return higher revenues and depict increased innovative thinking when compared to firms lacking diversity. A recent report from MSCI ESG Research surveying 4,218 companies around the world found that those with numerous female executives and board members represented a Return of Equity of 10.1 percent a year compared to 7.4 percent for companies without significant female leadership. Continue reading →
Identity Theft: A National Epidemic
Identity theft has become more prevalent with the advancement in technology. Just as with any other progress we have made, there is somebody who uses it inappropriately. December is National Identity Theft Prevention and Awareness Month and we wanted to share some information on this major epidemic.
My Journey at NAWRB
From the desk of Shideh Balali,
My name is Shideh Balali and I am responsible for Strategic Development at NAWRB.
I started with NAWRB in October 2015 as the Member Relations Coordinator. The relationships I have gained and the enterprising women I have spoken with have been phenomenal. An organization like NAWRB unites women from different backgrounds in the housing continuum that share the same drive, ambition and perseverance. It is rare to find an organization that is prompted by their members’ welfare rather than monetary gain. Continue reading →
The Power of Asian Women Entrepreneurs
A recent international study conducted by Scorpio Partnership for HSBC Private Bank examined 2,834 entrepreneurs who are actively involved in business and are worth at least one million American dollars, with the average worth of survey participants being $4.6 million. The nations covered in the study are mainland China, Hong Kong, Singapore, the U.K., Germany, France, Switzerland, U.S., United Arab Emirates and Saudi Arabia.
2016 Housing Market Outlook
There is yet another list predicting the busiest housing markets of the coming year, this time from Trulia in the form of their 2016 Housing Market Outlook. As most predictive reports, Trulia’s identifies a mixture of positive and negative trends in the coming year. In regards to their top 10 growing markets, the Trulia report doesn’t coincide with realtor.com’s 2016 Housing Forecast on any cities, and shares only Austin, Texas with PricewaterhouseCoopers (PwC) and the Urban Land Institute’s (ULI) Emerging Trends in Real Estate 2016. Continue reading →
Origins of Hotel Figueroa
Built in the 1920s by the Young Women’s Christian Association (YWCA), the Moroccan-inspired Hotel Figueroa has been a pinnacle of Los Angeles culture and history for nine decades; from housing tourists to hosting movie sets, the establishment has never lost relevance in downtown LA. Continue reading →