residential real estate: hope for housing? presented by paul e. chandler, mai property sciences
DESCRIPTION
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 PresentationTRANSCRIPT
Source: First Republic Prestige Index
March 1990, $1,648,000
Source: First Republic Prestige Index
$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
Source: Property Sciences
46% of listings are short sales
58% of listings are short sales
Source: Property Sciences
Source: Property Sciences
63% of listings are short sales
Source: Altos Research LLC
Zip Codes- 89135, 89144, 89145
Upper Quartile Bottom Quartile
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.
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