Steve Basham (@stevebashamcre) 's Twitter Profile
Steve Basham

@stevebashamcre

Tracking and sharing emerging rental housing trends for @JBREC

ID: 829736131637817344

linkhttps://www.linkedin.com/in/steve-basham/ calendar_today09-02-2017 16:58:04

149 Tweet

67 Followers

127 Following

Steve Basham (@stevebashamcre) 's Twitter Profile Photo

The most serious attempt to address CA's perpetual housing shortage dies in the State Senate. Appears the Status Quo will remain unchanged.

Steve Basham (@stevebashamcre) 's Twitter Profile Photo

I spoke with @CurbedLA for this piece which tries to clear up some of the debate surrounding apartment vacancies in L.A. la.curbed.com/2020/3/5/21079…

Steve Basham (@stevebashamcre) 's Twitter Profile Photo

Here's a headline that's hasn't been used in nearly a decade: Apartment Rents are Declining in Los Angeles (For CoStar Subcribers) product.costar.com/home/news/1908…

Steve Basham (@stevebashamcre) 's Twitter Profile Photo

My most recent update on the L.A. industrial market covers rising vacancies, growing sublease availability, and the near-term outlook. (For CoStar Subscribers) Vacancies Rise in the Nation’s Tightest Industrial Market costar.com/article/172217…’s-tightest-industrial-marke

Steve Basham (@stevebashamcre) 's Twitter Profile Photo

I had the chance to join the NBC Los Angeles evening broadcast this week to talk about COVID-19's impact on the Downtown L.A. apartment market nbclosangeles.com/investigations…

Steve Basham (@stevebashamcre) 's Twitter Profile Photo

Join me on Thursday 6/18 or Friday 6/19 as Apartments.com hosts a look at the State of the Los Angeles Apartment Market. #AptsLIVE Register for the webinar and a full-day of events at Apartments.com's Virtual Summer Showcase here: lnkd.in/di8WxmH

Join me on Thursday 6/18 or Friday 6/19 as Apartments.com hosts a look at the State of the Los Angeles Apartment Market. #AptsLIVE

Register for the webinar and a full-day of events at Apartments.com's Virtual Summer Showcase here: lnkd.in/di8WxmH
Steve Basham (@stevebashamcre) 's Twitter Profile Photo

For most of the past decade, the maxim "If you build it, they will come" held true for Downtown L.A. apartment developers. But the COVID-19 pandemic has vacancies climbing and rent levels falling. (For CoStar Subscribers) costar.com/article/158187…

CoStar Group (@costargroup) 's Twitter Profile Photo

Hello, residential #realestate! 🏡 👋 We’re proud to share that we’ve acquired the Houses.com domain name and are looking forward to developing a vibrant #residential marketplace for agents and owners. Learn more about the acquisition. fal.cn/3cmpQ

Steve Basham (@stevebashamcre) 's Twitter Profile Photo

As the public health and economic situation continues to improve, the L.A. apartment sector is gaining momentum. bcove.video/3tlxBXS

Rick Palacios Jr. (@rickpalaciosjr) 's Twitter Profile Photo

Home builders need to get their price points down and are tweaking product to get there. Changing specs/features, less square footage, smaller lots, and more attached product rank high on the list of solutions from builders we just surveyed.

Home builders need to get their price points down and are tweaking product to get there. Changing specs/features, less square footage, smaller lots, and more attached product rank high on the list of solutions from builders we just surveyed.
Eric Finnigan (@ericfinnigan) 's Twitter Profile Photo

Maybe not everything's bigger in Texas: 42% of Texas real estate agents report resale home prices are mostly FALLING. On the flip side, 42% of agents in the Northeast say home prices are mostly INCREASING. Interesting to see the effect of new supply on resale home pricing…

Maybe not everything's bigger in Texas:

42% of Texas real estate agents report resale home prices are mostly FALLING.

On the flip side, 42% of agents in the Northeast say home prices are mostly INCREASING.

Interesting to see the effect of new supply on resale home pricing…
John Burns Research and Consulting (@jbrec) 's Twitter Profile Photo

A majority of respondents — 71% — said they are not willing to accept a mortgage rate above 5.5%. Meanwhile, 62% of consumers believe a historically normal mortgage rate is below 5.5%. “Our consulting team has witnessed this across the country, noting that home builders who

Rick Palacios Jr. (@rickpalaciosjr) 's Twitter Profile Photo

Falling land prices phase appears to be behind us already on finished lots in A-B locations (green bars in chart). Handful of land broker comments from our quarterly survey to demonstrate...

Falling land prices phase appears to be behind us already on finished lots in A-B locations (green bars in chart).

Handful of land broker comments from our quarterly survey to demonstrate...
Steve Basham (@stevebashamcre) 's Twitter Profile Photo

I'm excited to share an overview of our new Apartment Developer and Investor Survey. We built this survey to get clarity into aspects of the apartment market where data and details have traditionally been hard to find. jbrec.com/insights/new-r…