Archives

Visitor Counter

322633
Visit Today : 104
Visit Yesterday : 165
This Month : 1646
This Year : 9936
Total Visit : 322633
Hits Today : 123
Total Hits : 1071656
Who's Online : 1
Your IP Address: 44.220.41.148
Server Time: 24-03-29

Beacon Economics Bullish On 2013

LA based Beacon Economics paints a bullish picture about the rest of 2013 and California.Here are a few bullet points.

  • Beacon Economics is expecting the U.S. economy to grow by 3% through 2013 with continued gains in employment – the nation has been adding over 200,000 jobs monthly for the past few months – and an unemployment rate that will drop to 7% by the end of the year… Read More.
  • Optimism for the rest of 2013 is being partly driven by a resurgent housing market. Home prices have been climbing at a significant pace and will continue to rise through this year and 2014, at a minimum. The reason for the jump in prices is simple—tight inventories and incredible affordability… Read More.
  • Beacon Economics does not believe the nation is entering another housing bubble. Rather than being overpriced, homes still appear to be underpriced from a long-run perspective. Home prices could rise by upwards of 35% or more from current levels before they would look misaligned with fundamentals… Read more.
California Forecast: Economic Recovery Stronger Than Believed

  • The labor market in California has hit its stride with every major region of the state and the majority of industries making a definitive turn toward job growth… Read More.
  • The median price of an existing single-family home in California rose 23% in 2012. Over the past 12 months, real estate has transitioned from being a drag on the state’s economic recovery to being a driver of growth. Beacon Economics is forecasting price appreciation to remain robust through 2013 and 2014 before returning to more historical norms in 2015… Read More.
  • Tourism remains a force to be reckoned with in California. At over 70%, California’s hotel occupancy rate far exceeds the national rate of 62%… Read More.
%

Leave a Reply

Your email address will not be published. Required fields are marked *