residential real estate: hope for housing? presented by paul e. chandler, mai property sciences

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33 rd Annual Real Estate and Economics Symposium Fisher Center for Real Estate and Urban Economics University of California at Berkeley. Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences President & CEO November 22 nd 2010. - PowerPoint PPT Presentation

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Page 1: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences
Page 2: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences
Page 3: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences
Page 4: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

Source: First Republic Prestige Index

March 1990, $1,648,000

Page 5: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

Source: First Republic Prestige Index

Page 6: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

$5,000,000 and Above

$2,000,000 - $5,000,000

$1,000,000 - $2,000,000

$500,000 - $1,000,000

$500,000 and Below

Estate

High-End

Affluent

Move-Up Market

Affordable

Page 7: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

Source: Property Sciences

46% of listings are short sales

Page 8: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

58% of listings are short sales

Source: Property Sciences

Page 9: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

Source: Property Sciences

63% of listings are short sales

Page 10: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

Source: Altos Research LLC

Zip Codes- 89135, 89144, 89145

Upper Quartile Bottom Quartile

Page 11: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

Source: NAHB, US Census

Arizona 6,595,778 144,500 2.2%California 36,961,664 49,500 0.1%Colorado 5,024,748 146,200 2.9%Nevada 2,643,085 75,600 2.9%Oregon 3,825,657 27,700 0.7%Washington 6,664,195 11,200 0.2%

2010Population

CumulativeDeficit

% ofPop.

Page 12: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences
Page 13: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences
Page 14: Residential Real Estate: Hope for Housing? Presented by Paul E. Chandler, MAI Property Sciences

Paul ChandlerPresident and CEO Property SciencesTel: (925) 246-7301

E-mail: [email protected]

www.PropSci.com

Paul ChandlerPresident and CEO Property SciencesTel: (925) 246-7301

E-mail: [email protected]

www.PropSci.com