Link: “It’s the Economy, Stupid”
This is a great article on the current economy from UCLA. Please go to the link to download the article.
“The business of real estate is closely tied to the health of the macro-economy. An important determinant of whether the recent economic shock will have a double dip is how consumption responds to the current and prospective declines in asset values. Absent a renewal of economicgrowth, as evidenced both in GDP and employment, the business of real estate will not prosper.”
IntroductionIn November 28, 2008 the Business Cycle Dating Committee...
Link: Los Angeles Ranks Among The Worst Cities for Jobs
“No state has suffered a greater reversal of fortunes than California. Five or six years ago California regions generally inhabited the top half or third of our lists. Today they generally have fallen even faster than the other Sunbelt states, even though the state’s economy boasts many assets beyond merely real estate speculation.
California now accounts for a remarkable 7 of the bottom 20 regions on our big metro list. The diversity of the disaster spans both the urban centers and the exurbs—witness exurban Riverside-San...
Link: Commercial real estate market starts to perk up
This is a great article on the truth in Commercial Real Estate. Borrowers that are need of a refinance are going to have a tough time refinancing their current notes coming due unless they have capital to buy down the principal. By Paul Davidson, USA TODAY The darkest cloud over the economic recovery — the troubled commercial real estate market — may be clearing a bit.
Prices of commercial property are up slightly compared with last fall. Loan modifications have risen sharply the past six months. Commercial mortgage-backed securities...
Link: Industrial Property Market Recovery Seen for 2011
Here is a great article by the AP posted on the NY Times website about the Commercial Real Estate Market gaining some forward momentum in absorption and inventories that equal new jobs. What do you think about the article, please share your thoughts with us. Click the link above to read the entire story.
By THE ASSOCIATED PRESS
Published: April 9, 2010
LOS ANGELES (AP) — After one of the worst years in decades, the industrial property market is slowly regaining its footing.
Companies are beginning to stock up on goods again after...
Link: Unemployment: More Than 3 Million Americans Jobless For Longer Than A Year, An All-Time High
Unemployment: More Than 3 Million Americans Jobless For Longer Than A Year, An All-Time High (CHARTS)
More than three million Americans have been out of work for at least a year, according to a new analysis of unemployment data.
That represents 23 percent of the roughly 14.8 million Americans out of work and looking for a job — a post-World War II high. For those 3.4 million Americans, the consequences from such a long time out of work — a cost of the Great Recession — can be calamitous.
Link: Growing Your Business: 5 Tips from the Co-Founder of Foursquare
This is a great article that reviews simple yet very effective ways to promote and increase your Brand Image. The O’Donnell Group uses all of the techniques described in this article. Please contact for more information.
Link: JLL: Industrial real estate close to market bottom
TUESDAY, MARCH 09, 2010
JLL: Industrial real estate close to market bottom
by Chicago Industrial Properties ReportsEconomic indicators such as trade flows, manufacturing production and consumer sentiment indicate the United States industrial sector is nearing bottom, according to Jones Lang LaSalle’s North America Industrial research report. The 2009 report, which tracks 40 American markets, shows that overall industrial demand remains weak and occupancy losses in many markets during 2009 could prolong the length of the industrial...
Link: Online Ad Spending to Surpass Print in U.S. This Year
March 8 (Bloomberg) — U.S. advertisers will spend more on digital marketing than on print this year for the first time, boosting overall ad sales, according to research company Outsell Inc.
Print will make up 30 percent of total advertising and marketing spending in 2010, compared with 33 percent for digital, Outsell analysts Chuck Richard and Sheila King wrote in a report released today. Last year, print spending accounted for 32 percent of the total, compared with 30 percent for online.
Spending on Web sites and other digital...