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Lansner on Real Estate
The latest news about the housing market from Orange County Register columnist Jon Lansner.

  • Tell us ?Obama, good or bad for housing??
    Forget all the pizazz and punditry. Speeches and spin. And the broad challenges that face America. You’ve absorbed the Democratic convention. Register coverage IS HERE! Click on the photo at right to see a slideshow of the event! So, let’s get down to what we care about in this space. Only one thing: How would a Barack [...]

  • Empty apartments spook U.S. rental builders
    It’s not just new houses that have builders worried. A National Association of Home Builders report shows a dramatic loss of confidence in the rental market in the second quarter.New rental starts nationwide plunged to a bearish 38.1 on the NAHB’s 2Q Multifamily Rental Market Index.  A year ago, the 2Q index was at a [...]

  • O.C. house price slides under $500,000
    Latest home-selling stats from DataQuick show for the 22 business days ended Aug. 13 shows a median selling price for single-family houses at $499,500 — $234,500 or 32% below the peak of $734,000 hit in June 2007. It’s the first time under a half-million bucks since December 1993 2003. (My bad! Corrected 8-28 8 PM) Overall, the mid-August countywide median [...]

  • Blame the newspapers for this real estate mess
    CoStar Group has identified a new source of vacant U.S. office space: newspapers. The commercial real estate information service notes that with all the job cuts and downsizing in the newspaper business, there’s apparently a lot of space in newspaper facilities that may go wanting this year and next - property they may go on [...]

  • O.C. builders? sales down 39%
    Hanley Wood’s latest figures show that new home contracts — an indication of future, completed sales — still are lagging last year’s levels, even though selling prices dropped nearly 20% and sales of existing homes have surged. (O.C. deals to buy old residences doubled in a year. Read more HERE!) The Costa Mesa research firm reported [...]


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