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.

2011 Riverside-San Bern. Conference Materials Now Online

Miss the 2011 Beacon Economics Riverside-San Bernardino Economic Forecast Conference on Thursday, November 3rd at the Riverside Convention Center?
Fear not -- you can still download the conference book as a .pdf for free by clicking here.

As in the past, the sections on the residential and commercial real estate markets were authored by me and MetroIntelligence, so I welcome your comments and suggestions!

Also, if you'd like to view the presentation by Beacon founding partner and economist Christopher Thornberg on the state of the national and state economy, click here.

If you'd like to view the presentation by Brad Kemp, Beacon's Director of Regional Research, which focused on the Riverside-San Bernardino area -- including forecasts for employment, building permits and housing prices -- click here.

Homeowners still engaging in "Homeallucination"

According to a recent AP story, many homeowners throughout the country are still engaging in what economist Chris Thornberg of Beacon Economics has dubbed "homeallucination." It means that although home values around your neighborhood have fallen, somehow you think yours is different. Special. Somehow immune to declines. In other words, what your therapist might gently call "denial." From the story:

Despite dismal housing headlines and reports showing falling prices nationwide, owners in some once-hot areas still believe their home is gaining value or at least holding its own. And by hanging onto too-high expectations, sellers are unwittingly keeping the market from finding a bottom...

A recent Coldwell Banker report showed that more than three-quarters of its real estate agents surveyed said most sellers have unrealistic initial listing prices for their homes.

Likewise, an unscientific study released last week by real-estate Web site Zillow.com found that half of homeowners polled think their home's price has increased or stayed the same in the past year.

"We expected people to get a little more in touch with reality especially over the summer, because you couldn't turn on the TV or read the newspapers without seeing that home prices are falling," said Amy Bohutinsky, a spokeswoman for Zillow.com. "It was very surprising to see this kind of disconnect."...

Click here for full story.