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Unveiling the Essence of Value Addition in Commercial Real Estate

In the realm of commercial real estate, the concept of value addition (Value Add or Value Added) stands as a cornerstone for investors, developers, and stakeholders alike. It encapsulates a strategic approach that goes beyond mere property ownership or development. Instead, it focuses on actively enhancing the value of a property through various means. Whether it's optimizing space utilizat...

Absorption Rate Analysis: April 2024

April 2024 brings more of that same energy we saw in March as the industry shakes off the accumulated frost of the holiday hibernation. A lot of our communities continued to climb further into the seller’s market, though with less severity. One neighborhood really ingratiated itself to sellers with a double-digit surge. But it was a usual suspect (we’ll get to that in a moment). A f...

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National Commercial Real Estate Report

This blog by The Crexi Team talks about what happened with commercial properties listed on Crexi in April 2024. They looked at things like how much each square foot costs, what people were searching for, how many spaces were being used, and other important stats. The goal is to give you, the property owners, renters, and future investors useful information so together we can make smart and info...

Absorption Rate Analysis

It’s been an interesting month in the Greater LA housing market as more housing inventory flows into a parched market. We ended April’s absorption rate analysis with a prescient statement: “We did see a higher number of houses for sale in Los Angeles hitting the market in April. If that trend continues, we may see absorption rates drop closer to the buyer&r...

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Absorption Rate Analysis | Early Summer Slipping Toward the Buyer’s Favor

We’ve seen the summer favor buyers before, but not quite like in June this year. The last time we even got close to a near-universal absorption rate drop like we saw last month was in July 2023. Back then, 10 of our 12 neighborhoods dropped closer to the buyer’s favor. But in June 2024, only a single neighborhood moved further into the seller’s favor. And that neighborhood onl...

National Commercial Real Estate Report

In June 2024, the commercial real estate market experienced mixed performance across different sectors. Here's a snapshot: Office Sector: The office sector continued to face challenges with high vacancy rates. Nationally, vacancy rates hovered around 19.2%, approaching historic peaks. However, there is potential for repurposing some older office spaces into apartments or data centersâ...

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Absorption Rate Analysis | This Market is Healthier Than You Think!

At first glance, July seemed like a rebound month for L.A.’s absorption rates (with a few outliers, of course). But what’s not obvious by simply looking at the statistics is that we sold more homes in nearly every market in July than we did in June. Summertime is often one of the hottest times for moving families because the schools are out. But this was still a pleasant s...

Absorption Rate Analysis

August 2024 was a great month for home buyers according to our absorption rate stats. While it wasn’t one of those months with a near-unanimous pull toward the buyer’s favor, the surges were (mostly) modest. And the drops tended to be much more significant, plunging certain communities into absorption rate depths we haven’t seen in years. Most of the usual suspects are doing w...

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Absorption Rate Analysis | The Most Impressive Absorption Rates We’ve Ever Published

This is the single most impressive absorption rate analysis we’ve published since we first started sharing our numbers in August 2022. Perhaps it was the market anticipating the federal interest rate drop. We’re finally below 5%! Or perhaps things really are just starting to swing in the buyer’s favor. Whatever the case, the dropping absorption rates this month were unusual bu...

Absorption Rate Analysis – October 2024

In the realm of real estate absorption rates, it seems that what goes down must come up. At least in the competitive housing market of the Greater Los Angeles area. As we head deeper into the autumn, the sun that shined so brightly on prospective home buyers is slipping behind the clouds, returning favor to sellers. Well, except for one holdout. In October, we sold 1,077 homes in the neighborho...