Recent iber_fcreue_reports items

California Housing in the Subprime/Credit Crisis— Overview and a Forward Look at Recovery

Mon, 12 Oct 2009 00:00:00 +0000

This article describes the effects of the subprime and credit crisis on the California housing market and the fall 2009 outlook for recovery. The article begins with a description of alternative measures for tracking home price changes and discusses how median price, the Federal Housing Finance Agency (FHFA) index, and the Standard & Poors/Case-Shiller index differ as indicators. Statewide, the median price, dependent on the mix of sales, rose faster and then dropped more than the FHFA index, based on same-home sales with “conforming” loans. Trends among California’s regional markets also vary by index. The FHFA indices for San Francisco Bay Area west bay and east bay areas dropped significantly less than the Case-Shiller index for the combined area. Both FHFA indices among regions and price-per-square foot data within the San Francisco Bay Area show that lower priced markets, with high shares of subprime loans experienced higher foreclosure rates, as well as the most severe...

Factors Driving the Silicon Valley Housing Market in 2007

Mon, 9 Jul 2007 00:00:00 +0000

With Silicon Valley employment still well below the 2000 peak, and rising foreclosures nationwide, this article examines whether the area's housing market is vulnerable to a correction. Recent statistics suggest that several factors have helped support home prices, but that there are uncertainties going forward. Although the San Jose MSA has regained less than one-fifth of jobs lost since 2000, there are now strong signs that employment is in recovery, with job growth occurring in diverse sectors. The San Jose MSA's wage and salary jobs now outstrip the area's resident labor force, suggesting that there may be a pent-up demand for housing from commuters in surrounding communities. This demand may be one of several factors that kept the region's housing prices stable immediately following the dot-com bust, and allowed price increases to follow in the absence of full employment recovery. Other factors include low interest rates; a mobile younger workforce, whose departure...

Globalization and Real Estate: Issues, Implications, Opportunities

Tue, 1 May 2007 00:00:00 +0000

Globalization and Real Estate: Issues, Implications, Opportunities

Innovation, R&D and Offshoring

Thu, 6 Oct 2005 00:00:00 +0000

Innovation, R&D and Offshoring

The New Wave of Outsourcing

Thu, 13 Nov 2003 00:00:00 +0000

The New Wave of Outsourcing

The Troubled Southern California Economy

Tue, 7 Jan 2003 00:00:00 +0000

The Troubled Southern California Economy

California Employment Growth and Office, Industrial, and Retail Markets, 1990

Tue, 7 Jan 2003 00:00:00 +0000

California Employment Growth and Office, Industrial, and Retail Markets, 1990

The California Recession in Perspective

Tue, 7 Jan 2003 00:00:00 +0000

The California Recession in Perspective

Housing Prices, Other Real Estate Factors and the Location Choice of Firms

Tue, 7 Jan 2003 00:00:00 +0000

Housing Prices, Other Real Estate Factors and the Location Choice of Firms

The Office Glut: End or Upswing in '89?

Tue, 7 Jan 2003 00:00:00 +0000

The Office Glut: End or Upswing in '89?

A Review of California Office Activity in 1987

Tue, 26 Nov 2002 00:00:00 +0000

A Review of California Office Activity in 1987

California Real Estate Markets in 1992

Fri, 1 Nov 2002 00:00:00 +0000

California Real Estate Markets in 1992

Company Relocations and Southern California Job Loss

Fri, 1 Nov 2002 00:00:00 +0000

Company Relocations and Southern California Job Loss

The Baby Boom, Pent-up Demand, and Future House Prices

Fri, 1 Nov 2002 00:00:00 +0000

The Baby Boom, Pent-up Demand, and Future House Prices

The Bay Area Housing Market - Is it Ready for New Growth?

Tue, 10 Sep 2002 00:00:00 +0000

The Bay Area Housing Market - Is it Ready for New Growth?

A Global Reshaping of the Computer Industry

Tue, 10 Sep 2002 00:00:00 +0000

A Global Reshaping of the Computer Industry

Foreign Trade and Growth in California's Economy

Tue, 10 Sep 2002 00:00:00 +0000

Foreign Trade and Growth in California's Economy

The Asian Crisis and California's Computer Industry

Tue, 10 Sep 2002 00:00:00 +0000

The Asian Crisis and California's Computer Industry

California Real Estate Recovery Begins as Economy Expands