Join us for the 2018 Inland Empire Economic Forecast on 10/11/18!

MetroIntelligence is pleased to be a sponsor for the 2018 Inland Empire Economic Forecast taking place on Thursday, October 11th in Riverside, CA.

Click here to register:  https://lnkd.in/eK25sXE

It's been a decade since the U.S. fell into the worst economic downturn of the modern age. The Great Recession was especially ‘great’ in the Inland Empire where the damage inflicted was among the worst in the nation and came at a time of unprecedented expansion locally. Today, propelled by one of the fastest growing populations in the state, the region has largely put this painful episode behind it as unemployment has fallen to record-low levels, incomes are rising, and the housing market is picking up ever greater steam.

Get answers to these questions and more:

• Is the Inland Empire economy different today than when the Great Recession hit? Are we better prepared to face the next downturn?
• Are the same conditions that led to the recession beginning to form again? What signals should we watch for?
• What are the greatest threats to today’s prosperity?
• What are the best opportunities and how can you take advantage of them?

Click here to register:  https://lnkd.in/eK25sXE

Less than one week left to register for the 8th annual Inland Empire Economic and Forecast Conference on 10/25/17

It's less than one week away!

The Housing Chronicles Blog and MetroIntelligence are pleased to partner as a sponsor with the UC Riverside School of Business' Center for Economic Forecasting & Development for their next economic conference on October 25, 2017 in Riverside, CA.

Entitled "Urban Inland Empire: California's Next Metropolis? Re-Imagining Economic Growth in the IE," this afternoon-long program will bring together economists, elected officials and academics.

Click here to register and save $25! You can also key in the code mrea17 at check-out to receive this discount.

What you can expect from this conference:

The Inland Empire is different from similarly sized markets like Atlanta and Houston in a critical way. It has no central downtown or 'urban core' where jobs are densely located.

• What does this dynamic mean for business creation and economic development in the region?
• Is the creation of an urban core the way to develop and grow the local economy?
• Would an urban core appeal more to new businesses and do more to expand current ones?

Join some of the state's leading experts for a new economic forecast and a data-driven discussion about the region's urban future. 

Click here to register and save $25! You can also key in the code mrea17 at check-out to receive this discount.

2 weeks left to register for the 8th annual Inland Empire Economic and Forecast Conference on 10/25/17

It's only 2 weeks away!

The Housing Chronicles Blog and MetroIntelligence are pleased to partner as a sponsor with the UC Riverside School of Business' Center for Economic Forecasting & Development for their next economic conference on October 25, 2017 in Riverside, CA.

Entitled "Urban Inland Empire: California's Next Metropolis? Re-Imagining Economic Growth in the IE," this afternoon-long program will bring together economists, elected officials and academics.

Click here to register and save $25! You can also key in the code mrea17 at check-out to receive this discount.

What you can expect from this conference:

The Inland Empire is different from similarly sized markets like Atlanta and Houston in a critical way: It has no central downtown or 'urban core' where jobs are densely located.

• What does this dynamic mean for business creation and economic development in the region?
• Is the creation of an urban core the way to develop and grow the local economy?
• Would an urban core appeal more to new businesses and do more to expand current ones?

Join some of the state's leading experts for a new economic forecast and a data-driven discussion about the region's urban future.

Click here to register and save $25! You can also key in the code mrea17 at check-out to receive this discount.

30 days left to register for the 8th annual Inland Empire Economic and Forecast Conference on 10/25/17

It's only one month away!

The Housing Chronicles Blog and MetroIntelligence are pleased to partner as a sponsor with the UC Riverside School of Business' Center for Economic Forecasting & Development for their next economic conference on October 25, 2017 in Riverside, CA.

Entitled "Urban Inland Empire: California's Next Metropolis? Re-Imagining Economic Growth in the IE," this afternoon-long program will bring together economists, elected officials and academics.

Click here to register and save $25! You can also key in the code mrea17 at check-out to receive this discount.

What you can expect from this conference:

The Inland Empire is different from similarly sized markets like Atlanta and Houston in a critical way: It has no central downtown or 'urban core' where jobs are densely located.

• What does this dynamic mean for business creation and economic development in the region?
• Is the creation of an urban core the way to develop and grow the local economy?
• Would an urban core appeal more to new businesses and do more to expand current ones?

Join some of the state's leading experts for a new economic forecast and a data-driven discussion about the region's urban future.

Click here to register and save $25! You can also key in the code mrea17 at check-out to receive this discount.

Registration now open for the 8th annual Inland Empire Economic and Forecast Conference on 10/25/17

The Housing Chronicles Blog and MetroIntelligence is pleased to partner as a sponsor with the UC Riverside School of Business' Center for Economic Forecasting & Development for their next economic conference on October 25, 2017 in Riverside, CA.

Entitled "Urban Inland Empire:  California's Next Metropolis?  Re-Imagining Economic Growth in the IE," this afternoon-long program will bring together economists, elected officials and academics.

Click here to register and save $25!  You can also key in the code mrea17 at check-out to receive this discount.

What you can expect from this conference:

The Inland Empire is different from similarly sized markets like Atlanta and Houston in a critical way: It has no central downtown or 'urban core' where jobs are densely located.

• What does this dynamic mean for business creation and economic development in the region?
• Is the creation of an urban core the way to develop and grow the local economy?
• Would an urban core appeal more to new businesses and do more to expand current ones?

Join some of the state's leading experts for a new economic forecast and a data-driven discussion about the region's urban future.

Click here to register and save $25!  You can also key in the code mrea17 at check-out to receive this discount.

Register now for 7th annual Inland Empire Economic Forecast Conference on 9/29/16!

Want to know what to expect for the Inland Empire economy now through 2035?

Please join MetroIntelligence, Beacon Economics and UC Riverside for the 7th annual Inland Empire Economic Forecast Conference on September 29, 2016 in Riverside.

Use our special discount code to save $25 to register!

For more info, visit http://conference.economicforecasting.org/

Last day to register for the 2012 Riverside San Bernardino Economic Forecast Conference

Online registration is almost closed for the 2012 Riverside/San Bernardino Economic Forecast Conference!  As in years past, MetroIntelligence has written the sections on residential and commercial real estate for the conference book handed out to all attendees.  Discounts available for clients and blog readers!

2012 Riverside/San Bernardino Economic Forecast Conference

Thursday, December 6, 2012

Doubletree by Hilton Hotel, Ontario Airport

222 North Vineyard Ave

Ontario, CA 91764

Registration and Breakfast: 7:00 AM

Program: 8:00-11:00 AM

Tickets:

$110 /Individual

$85 /Discount Affiliate Rate

$650 /Table of 8

Seating is limited so register today!

Click here to register.

Use code metrorsb12 to save $25 on registration! 

What's next for the Riverside/San Bernardino, California, and U.S. economies?

Where are housing prices heading and how fast will they get there?

Employment is recovering slowly in Riverside/San Bernardino. What is the latest jobs forecast for 2013?

Which of Riverside/San Bernardino's industries are poised for growth?

For over 40 years, the California Environmental Quality Act (CEQA) has been in place as a statewide policy of environmental protection. Has the process become abused? Or is it working the way it should?

Is CEQA really one of the greatest barriers to investment in the state as some critics claim? Is economic growth being affected?

Will removing or altering CEQA protections threaten California's environment? How can that be prevented?

Featured Speakers

Christopher Thornberg

Principal

Beacon Economics

International and U.S. Forecast

Jordan Levine

Director of Economic Research

Beacon Economics

California and Riverside/San Bernardino Forecast

Honorable Michael J. Rubio

California State Senator, 16^th District

Keynote Address

Click here to register.

Use code metrorsb12 to save $25 on registration!

Registration now open for the 2012 Riverside San Bernardino Economic Forecast Conference

Registration is now open for the 2012 Riverside/San Bernardino Economic Forecast Conference!  As in years past, MetroIntelligence has written the sections on residential and commercial real estate for the conference book handed out to all attendees.  Discounts available for clients and blog readers!

2012 Riverside/San Bernardino Economic Forecast Conference

Thursday, December 6, 2012

Doubletree by Hilton Hotel, Ontario Airport

222 North Vineyard Ave

Ontario, CA 91764

Registration and Breakfast: 7:00 AM

Program: 8:00-11:00 AM

Tickets:

$110 /Individual

$85 /Discount Affiliate Rate

$650 /Table of 8

Seating is limited so register today!

Click here to register.

Use code metrorsb12 to save $25 on registration! 

What's next for the Riverside/San Bernardino, California, and U.S. economies?

Where are housing prices heading and how fast will they get there?

Employment is recovering slowly in Riverside/San Bernardino. What is the latest jobs forecast for 2013?

Which of Riverside/San Bernardino's industries are poised for growth?

For over 40 years, the California Environmental Quality Act (CEQA) has been in place as a statewide policy of environmental protection. Has the process become abused? Or is it working the way it should?

Is CEQA really one of the greatest barriers to investment in the state as some critics claim? Is economic growth being affected?

Will removing or altering CEQA protections threaten California's environment? How can that be prevented?

Featured Speakers

Christopher Thornberg

Principal

Beacon Economics

International and U.S. Forecast

Jordan Levine

Director of Economic Research

Beacon Economics

California and Riverside/San Bernardino Forecast

Honorable Michael J. Rubio

California State Senator, 16^th District

Keynote Address

Click here to register.

Use code metrorsb12 to save $25 on registration!

San Diego Economic Forecast Conference - Commercial Real Estate

If you missed the recent San Diego Economic Forecast Conference produced by Beacon Economics, fear not!  As part of its ongoing association with these economists, MetroIntelligence authored the commercial real estate section for the conference book given out to attendees at this event, which took place on October 3rd at the Hilton San Diego Bayfront Hotel.

Following are some of the key findings:

• The San Diego office market, after having seen its last trough in the fourth quarter of 2012, should continue to see slow improvement, with vacancies falling to nearly 16% and effective rents growing by 1.3% in 2012 and by 2.1% in 2013.
• Although retail rents are somewhat stagnant, occupancy levels remain stable, and the retail market has seen a return to positive absorption levels; look for retail vacancy rates to end the year at 6.1%, while asking rents grow by 1.3% to 1.7% this year and next.
• In keeping with last year’s cautious optimism, 2012 seems to be the year in which the county’s industrial sector began its recovery; look for industrial vacancies to fall to 8.6% for all of 2012 and to 8.1% in 2013, while asking rent growth rebounds to 1.3% this year and more than doubles to 3% for 2013.
• Rather than investing in new supply, many building owners are building additions or making alterations to existing properties; permit activity for new development declined for both the retail and industrial sectors. In contrast, office properties in San Diego experienced strong growth in permit activity for new development.
• With interest rates for 10-year U.S. Treasury bonds recently trending down below 1.70%, current cap rates for commercial property sectors look competitive by comparison, ranging from just over 3% for retail properties to around 7% for the office sector.   

Click here to download this commercial real estate section for free.

Click here to find out more about the consulting services offered by MetroIntelligence Real Estate & Economics Advisors.  Or just give us a call at 818.584.1848.

San Diego Economic Forecast Conference - Residential Real Estate

If you missed the recent San Diego Economic Forecast Conference produced by Beacon Economics, fear not!  As part of its ongoing association with these economists, MetroIntelligence authored the residential real estate section for the conference book given out to attendees at this event, which took place on October 3rd at the Hilton San Diego Bayfront Hotel.

Following are some of the key findings:

• Lower home prices continue to support higher affordability versus the boom years, with 54% of households able to buy the median-priced home at current interest rates; this index is now where it was in both late 2009 and late 2002.   
• Although the S&P/Case Shiller index in May was still lower than a year ago, since the beginning of 2012 it has began to slowly rise, and is about where it was in both late 2009 and late 2002.
• New home sales remain depressed, with sales in the second quarter of 2012 down by 82% from the peak of early 2005; still, over the previous year sales did rise by about 3% while prices fell by a similar amount to $437,148.
• Sales of existing single-family homes in the second quarter of 2012 rebounded by 17% over the previous year versus less than 10% statewide; despite the increases, sales prices rose by just 0.7% to nearly $360,000 versus 8% statewide.
• Condo sales in the second quarter of 2012 rose at about the same rate of new homes over the previous year, or just over 3% to about 2,700 units versus an 11% rise statewide; sales prices rose by 4.7% to over $220,000 versus 6.8% statewide.
• Given its combination of low vacancies and positive rental growth, San Diego’s apartment market is among the strongest in the country; during the second quarter of 2012 vacancy rates were at about 3% with asking rents rising by 2.5% over the past year to $1,384 per month.
• Foreclosure activity in the second quarter of 2012 showed sharp declines, falling by nearly 50% over the previous year to 1,325 units, or where it was in the second quarter of 2007; loan defaults also fell by nearly 24% over the previous year to about 4,200 units.
• Permits for new single-family homes remained depressed at just over 550 units during the fourth quarter of 2011, well in line with the quarterly totals noted since the last half of 2008; however, permits for multi-family units rose by over 125% over the previous two years to over 670 units by the final quarter of 2011.

Click here to download this residential real estate section.

Click here to find out more about the consulting services offered by MetroIntelligence Real Estate & Economics Advisors.  Or just give us a call at 818.584.1848.

Registration now open for the 2012 San Diego Economic Forecast Conference

Join some of California's most renowned forecasters and economists at the 5th annual San Diego Economic Forecast Conference.  As in previous years, MetroIntelligence will be contributing the sections on residential and commercial real estate for the conference book offered to all attendees.

Click here to register. Use code metrosd12 to save $40 on registration!

Wednesday, October 3, 2012

Hilton San Diego Bayfront
1 Park Boulevard
San Diego, CA 92101

Registration and Breakfast: 7:30 AM
Program: 8:00-11:00 AM Tickets:
$155 /Individual
$120 /Discount Affiliate Rate
$600 /Table of 6
Seating is limited so register today!

Click here to register. Use code metrosd12 to save $40 on registration!

Featured Speakers

Christopher Thornberg

Founding Partner

Beacon Economics

Global & U.S. Forecast

• Will the U.S. economy continue to decelerate? Or have we already turned the corner?
• Euro-recovery or Euro-meltdown? Why should we care?
• Is the nation facing a fiscal cliff, fiscal hill, or is it much ado about nothing? 

Jordan Levine

Director of Economic Research

Beacon Economics

California & San Diego Forecast

• How is California faring in this s-l-o-w recovery?
• Governor Brown is advocating for higher taxes... what would it mean for the state's economy in the long and short term if he achieves them?
• Which of San Diego's industries are poised for job growth?

Norman Miller, PhD

Professor

Burnham-Moores Center for Real Estate, University of San Diego

• What's Next For San Diego's Real Estate Markets?           
• Where are housing prices headed and how fast will they get there?
• What does the housing market recovery mean for San Diego's broader economy?
• When will commercial and residential construction begin again in earnest?

Click here to register. Use code metrosd12 to save $40 on registration!

Los Angeles Economic Forecast Conference - Commercial Real Estate

Even if you missed the recent Los Angeles Economic Forecast Conference produced by Beacon Economics, you can still get a copy of the conference book for free.  As part of its ongoing association with these economists, MetroIntelligence authored the commercial real estate section for the conference book given out to attendees at this event, which took place on June 21st at the Los Angeles Airport Marriott.

Following are some of the key findings:

• After suffering negative absorption and declining rents from the beginning of 2008 through the middle of 2011, the Los Angeles office market is finally on the mend, with vacancies expected to fall to 12% by the end of 2012 while rent growth slowly rises to 0.8% per quarter.
• With the county’s taxable sales rising by over 7% between the fourth quarters of 2010 and 2011, absorption in the retail sector is gaining strength as vacancies head down towards the 5.0% level; look for positive rent growth to resume in early 2012 and gain strength by the end of the year and into 2013.
• Owing in large part to improvements in global trade through the county’s twin ports, the industrial/warehouse market has been showing mostly positive – if uneven – improvement since the beginning of 2011; look for vacancy rates to approach the 4.0% level by the end of 2012 as rent growth rises to 1.0% per quarter.
• New permits for commercial development rose by 6.5% between the fourth quarters of 2010 and 2011, led by the county’s industrial sector (13.5%) and office sector (4.9%) while permits for new retail stores fell by 4.9%; most of this activity was focused in the Tri-Cities area (i.e., Burbank-Glendale-Pasadena), the South Bay and East L.A./San Gabriel Valley.
• With interest rates for 10-year U.S. Treasury bonds recently falling well below 2%, cap rates during the fourth quarter of 2011 for all commercial property sectors look quite competitive by comparison, ranging from 6.2% for industrial/warehouse properties to over 7.25% for the office and retail sectors.

Click here to download this commercial real estate section.

Click here to download the entire conference book.

And, finally, click here to find out more about the consulting services offered by MetroIntelligence Real Estate & Economics Advisors.  Or just give us a call at 818.584.1848.