Bill's Commercial Real Estate Newsletter

Issue: # 34 December, 2009
W Buffett It's time for the NEWS
This Newsletter is published by Bill Effinger, home based in San Diego County CA and is directed to commercial real estate brokers, agents and developers of commercial real estate in California, Arizona and Nevada. Current industry information produced from a variety of sources for the commercial real estate professional including local, state and national legislation affecting selling, leasing, developing and managing commercial properties is contained in this publication.
What to expect for 2010
Because the housing curve preceeds the commercial curve:
 
Healthiest Housing Markets 2009: Fall Update
Austin #1The new and improved BUILDER Market Health Index, compiled by Hanley Wood Market Intelligence, now accounts for a market's median income growth.
By: Boyce Thompson

Much has changed since February, when we published our first list of the healthiest housing markets for 2009.
 
The federal government's $8,000 tax credit for first-time home buyers spurred sales around the country. Companies with cash are buying land again. A handful of builders have begun emerging from Chapter 11 bankruptcy.. MORE 
Billions of Dollars' Worth of Infrastructure Projects Coming
Business in the North County - Ted Owen
 
Progress is being made on major infrastructure projects in the great northern part of the county. The list carries a value of more than $3 billion, which is impressive to say the least. To top that off, only $1 billion is economic stimulus package money. Take a look at this list:
 
Thanks for taking the time to view the contents of this newsletter.   Your comments and suggestions for articles and topics are welcome. Please contact me at the e-mail adress below. 
Bill Effinger
Land Acquisition Specialist
AAdditional Articles
 
Quick Links

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Greener
 
Bill Effinger

As we approach the New Year, there seems to be light at the end of the tunnel, albeit a bit dim. Residential markets are stirring as commercial markets stumble with mounting vacancies and foreclosures peeking around the corner. But one man's failure is another's success. Buyers are out there, bottom fishers for sure, but they are there for the right properties. There have never been as many opportunities for the buyer with cash. Our job as professionals is to match the right buyer with the right opportunity. Are you up to the challenge?

Words to Remember

Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of our civilization. The interests of the nation and its citizens require the highest and best use of the land and the widest distribution of land ownership. They require the creation of adequate housing, the building of functioning cities, the development of productive industries and the preservation of a healthful environment.