Real Estate Forecast What’s in store for us this year? March 18, 2014.

Slides:



Advertisements
Similar presentations
Edmonds Harbor Square & Antique Mall Redevelopment Summary of Secondary Research Hebert Research July 2007.
Advertisements

Housing Market Outlook Silicon Valley Association of REALTORS® April 1, 2008 Robert A. Kleinhenz, Ph.D. Deputy Chief Economist California Association of.
November 2010 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including.
Housing New Hampshire’s Workforce Prepared for the New Hampshire Workforce Housing Council Presentation to Business & Industry.
San Diego Economic Summit November 18, 2014 Sponsored by:
Utah Economic Report January 21, Labor Market Indicators December 2013 Utah unemployment rate4.1% U.S. unemployment rate6.7% Year-over Utah job.
Economy and Revenue Forecast "What's in Store for the FY 2016 DC Budget?" Presentation to the DC Fiscal Policy Institute March 19,2015 Steven Giachetti:
Agricultural Economics Economic Outlook 2010 Craig Infanger October 2009.
The Humboldt County Economy in 2008 By Erick Eschker Presented to Eureka Rotary Club March 31, 2008.
Don’t believe the national headlines… 4.2% “The housing market was socked by bad news for the third consecutive day…” Wichita remains an island of calm.
Housing New Hampshire’s Workforce Prepared for the New Hampshire Workforce Housing Council Presentation to Upper Valley Housing.
Presented by: Steve Nivin, Ph.D. Please contact Steve Nivin with any questions or comments at or ECONOMIC.
Presented by: Steve Nivin, Ph.D. Please contact Steve Nivin with any questions or comments at or MID-YEAR.
GLOBAL RESEARCH AND CONSULTING THE ECONOMY AND REAL ESTATE GARY BARAGONA DIRECTOR, RESEARCH & ANALYSIS JANUARY 2014.
TIMBER MARKET CONDITIONS Forest Landowners Association August 24, 2010 Ian A. Munn (With thanks to James Henderson) Department of Forestry Mississippi.
March 2008 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including facsimile.
Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Sierra Vista, AZ.
Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Sierra Vista, AZ.
Douglas Economic Outlook GROSS DOMESTIC PRODUCT Seasonally Adjusted Annual Rate.
Nebraska Economic Update and Housing Outlook NIFA’s Housing Innovation Marketplace Omaha, NE – January 27, 2010 January 27, 20101K. Edmiston, FRB KC.
Jon Haveman Principal, Haveman Economic Consulting April, 2013 Today’s Real Estate: Drivers and the Road Ahead.
Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC The Economy and Poverty in Los Angeles County MENDing Poverty Conference.
ARE YOU READY FOR 2013? ( Alan Nevin.
“Stability & Strength”. Tight lines and a fairly strong header for a closet.
1 Briefing on the Regional Economy Presented to the New York State Network for Economic Research Rockefeller Institute for the Study of the States Albany,
Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Benson, AZ.
Housing and Economic Outlook National Association of Local Housing Finance Agencies April 26, 2012 David Crowe Chief Economist.
2015 Economic Forecast Appraisal Institute Sacramento Sierra Chapter Presented By John Schleimer, MIRM President, Market Perspectives Residential Real.
Economic Outlook Efficient Electro-Technology Conference September 7, 2000.
Growth Solutions Strategies and Asset Classes Well-Positioned for Capital Appreciation.
Risk Management Association Long Island Economic Update What Lies Ahead? Dr. Martin R. Cantor, CPA Long Island Center for Socio-Economic Policy
Salt Lake Real Estate Market Performance in 2014 Total Sales: 1.Single family down 1.7% to 11,500 homes. 2.Condos unchanged at 3,000 units. Value of Sales:
Napa Economic Summit: The Economy 2012: Napa, North Bay and Beyond Napa, CAOctober 28, 2011 Robert Eyler, Ph.D. Professor, Economics Frank Howard Allen.
UTAH HOUSING CORPORATION 2006 HOUSING CREDIT CONFERENCE JAMES WOOD BUREAU OF ECONOMIC AND BUSINESS RESEARCH DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY.
Missouri Economic Update What to Expect in 2014 Dr. David Mitchell, Director Bureau of Economic Research.
Benson Economic Outlook GROSS DOMESTIC PRODUCT Seasonally Adjusted Annual Rate.
Dr. Michael Pakko Chief Economist and State Economic Forecaster Institute for Economic Advancement, UALR The Arkansas Economic Outlook October 15, 2014.
2011 NIFA HOUSING INNOVATION MARKETPLACE CONFERENCE JANUARY 26, 2011 ERIC THOMPSON, DIRECTOR UNL BUREAU OF BUSINESS RESEARCH & NEBRASKA BUSINESS FORECAST.
Economic Outlook Benson, AZ. Cochise College Center for Economic Research  Lower levels of production  Job losses/rising unemployment  Less income.
Bell Ringer – 2/5/09 1. Why isn’t the United States considered a “traditional economy”? 2. Give two examples of command economies from World History 3.
School of Business Commercial Real Estate Conference March 6, 2012 The End of Extend and Pretend A Look at the Recent CRE Loan Experience of Connecticut’s.
Cochise College Center for Economic Research Economic Review & Outlook Sierra Vista, AZ.
Dr. Michael Pakko Chief Economist and State Economic Forecaster Institute for Economic Advancement, UALR November 2, 2011 Arkansas Economic Outlook Arkansas.
BANK OF UTAH OFFICER’S MEETING UTAH’S ECONOMIC FORECAST JAMES WOOD BUREAU OF ECONOMIC AND BUSINESS RESEARCH DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY.
Kelly Cunningham Economist, Senior Fellow Economic Outlook Post-recession economic recovery January 21, 2015.
2013 Missouri Economic Forecast Dr. David Mitchell, Director Bureau of Economic Research.
Economic Profile City of South Pasadena Enrich the quality of life and economic vitality of the San Gabriel Valley.
The Housing Market ‘Reset’ and its Implications for Housing Policy Alan Mallach Non-resident Senior Fellow The Brookings Institution.
STATE OF THE HOUSING MARKET. +4.0% (+238)
Tatiana Bailey, Ph.D. Director, Southern Colorado Economic Forum January 9, 2015 Presentation for Pikes Peak Area Realtors.
Wichita 2008 Review 2009 Forecast Rob Allison, Interim Director Center for Economic Development and Business Research W. Frank Barton School of Business.
(619) INTERNATIONAL ECONOMICS  Oil  Interest Rates  Demographics.
Randy Pullen Wages, The Economy & Law, Oh My!! October 2015.
Ann Battle Macheras Vice President, Regional Research and Economic Education Research Department National and Virginia Economic Update Mount Vernon-Lee.
Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC Economic Forecast & Industry Outlook Lakewood Chamber of.
U.S. Housing Annual Home Sales New Existing New Existing
Metro Denver Economic Forecast November 2016
The Massachusetts Housing Challenge Barry Bluestone
John Tuccillo Issues in Property Management: The Economic and Market Environment for Rental Housing John Tuccillo
Modest Recession Modest Recovery
Professor and Michael J. Horne Chair in Real Estate Studies
Series 13 Regional Growth Forecast
2017 Economic Outlook IREM Los Angeles
U.S. Housing Annual Home Sales New Existing New Existing
Economic Outlook 2016 Robert Carreira, Ph.D.
Economic and Housing Market
Economic Outlook 2016 Robert Carreira, Ph.D.
John Husing, Ph.D. Economics & Politics, Inc.
WHOLESALE CAPITAL CORPORATION
The Housing Boom DataPost Home Prices Outpaced Income Gains
Presentation transcript:

Real Estate Forecast What’s in store for us this year? March 18, 2014

Welcome Thomas Francl, MBA, CNE, CMA Associate Faculty School of Business and Management

Introduction Dr. Michael R. Cunningham President, National University Chancellor, National University System

Guest Speaker Alan Nevin Director of Economic and Market Research Xpera Group

UP The Next 5 Years (619) Alan Nevin

“The situation is hopeless, but not serious.” Count Leopold Bercktold

Change in Gross Domestic Product United States Bureau of Economic Analysis

8 Lehman Bros. Collapse Torrey Pines Bank

Source: U.S Department of Labor 4 Torrey Pines Bank

Economic Strength Ratings by State THE FUTURE OF AMERICA Where the Action isn’tWhere the Action is

DECEMBER 2012 – DECEMBER 2013  The States% of All Job Gains  Top %  Bottom %  Bureau of Labor Statistics

New Jobs Created in California Torrey Pines Bank15

United States  This past year, 1.15 million households were formed in the United States (twice the previous year).  6.5 million persons doubled up during the recession.  2.2 million people got divorced.  2.2 million people got married.

Do you sense the air is different in the Silicon Valley? “There’s an enormous rejection of constraints.” An interview with Larry Summers in Fortune Magazine

Now let’s talk real estate!

Now, here’s the 2014 forecast

Population growth will continue at 300,000+ New jobs will total more than 250,000 75,000 new housing units will be permitted

There will be 400,000 single family homes resold Condo conversions will return, a little Foreclosures and short sales will reach new lows. Interest rates will remain low, Very low. Home prices will increase 8-10%

Alan N. Nevin Director, Economic and Market Research (619)

Next Event: May 20, 2014 Ron Roberts Supervisor, San Diego County Register at: