| Search by tag or site | Login to my blog ? Start my own blog |
 |
Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
San Francisco Rents Are 2nd Highest In The Nation
Posted on 07/08/2008 17:50:37 | Link | Post Comment
South E.V. doing best in commercial real estate
from the East Valley Tribune, reports that according to a study by CB Richard Ellis, the south East Valley remains a bright spot in an otherwise struggling commercial real estate market across most of the region. Jerry Noble, first vice president of CB Richard Ellis said, "As far as the south East Valley goes ... quarter over quarter even through these slower times, we're seeing some of the biggest leases in town signed in the Chandler market, some of which are in that Chandler-south Loop 202 market." According to Noble, Tempe and Chandler recorded the two highest rates of newly occupied office space, "so we're continuing to see bigger employers trend down to those freeway-served markets."
San Francisco rents are 2nd highest in the nation-
Reis Inc. reports that San Francisco's rents were second highest in the country during the second quarter.Average asking rent here was $1,825, by the Reis math — that’s a 1.4% increase over the second quarter of 2007. New York had the highest average rent at $2,847. The average rent nationwide was $1,047.
Although San Francisco's vacancy rate has been rising slightly, empty apartment’s share of the S.F. market — 3.1% for the quarter — looked good compared to the national average of 5.9%. New York had the lowest vacancy rate at 2.2%.
Top 10 Markets by Effective Rent …
from the East Valley Tribune, reports that according to a study by CB Richard Ellis, the south East Valley remains a bright spot in an otherwise struggling commercial real estate market across most of the region. Jerry Noble, first vice president of CB Richard Ellis said, "As far as the south East Valley goes ... quarter over quarter even through these slower times, we're seeing some of the biggest leases in town signed in the Chandler market, some of which are in that Chandler-south Loop 202 market." According to Noble, Tempe and Chandler recorded the two highest rates of newly occupied office space, "so we're continuing to see bigger employers trend down to those freeway-served markets."
San Francisco rents are 2nd highest in the nation-
Reis Inc. reports that San Francisco's rents were second highest in the country during the second quarter.Average asking rent here was $1,825, by the Reis math — that’s a 1.4% increase over the second quarter of 2007. New York had the highest average rent at $2,847. The average rent nationwide was $1,047.
Although San Francisco's vacancy rate has been rising slightly, empty apartment’s share of the S.F. market — 3.1% for the quarter — looked good compared to the national average of 5.9%. New York had the lowest vacancy rate at 2.2%.
Top 10 Markets by Effective Rent …
- New York - $2,847
- San Francisco - $1,825
- Fairfield County, Conn. -$1,757
- Boston - $1,646
- Long Island - $1,521
- Orange County - $1,520
- San Jose - $1,504
- Northern New Jersey - $1,460
- Ventura County - $1,409
- Los Angeles - $1,408
Fun Links from Curbed:
· OMG, elusive Google car of yore spotted! (And pulled over.) [SF Examiner]
· Fun with maps: for hounds and booze hounds [SF Schtuff]
· 98 percent of commuters favor transit — for everyone else [The Onion]
· Twins on subway enjoy screwing with your head [Boing Boing]
· Don't shoot the messenger: "No sloppy seconds!" [SF Weekly]
- Magaizne Indicator Is Here
- Today's Open: Bounce Up
- Canslim.net Morning Comment And Links (for Traders)
- How Certain Investments Did Last Week
- "Putting A Price On Happiness"
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- Millionaire Now!
- The 7 Steps to Millionaire Now!
- Build Your Financial Plan
- RETIRE RICH: Survival Guide
- ASSET ALLOCATION MODEL
- THE BIG ROLLOVER IS HERE
- THE END OF THE GRAND SUPERCYCLE?
- The Confused Capitalist
- Counter Intelligence: The Real Estate Cafe Weblog
- Credit Bloggers
- Wishing Wealth
- Edmonton Real Estate
- Don't Mess With Taxes
Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Sat Oct 04, 2008 10:41PM
When I first started Day Trading I traded anything that [read more]
When I first started Day Trading I traded anything that [read more]
Morpheus Trading - Thu Oct 02, 2008 08:58AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
<< My Home | TheMoneyBlogs Home