http://www.sandiego.edu/business/centers/real_estate/ The University of San Diego�s Burnham-Moores Center for Real Estate was founded in 1993, became the Real Estate Institute in 1998, and was re-named with an endowment gift in September 2004. The center�s mission is to deliver outstanding education, industry outreach, career services and cutting-edge research to advance socially responsible leadership in real estate. en-us http://www.sandiego.edu/business/news/?_focus=46027 U-T San Diego -- Question: Should the minimum wage be nearly doubled to $15 for fast-food workers? Panel's answers: Yes 1 , No 7 (Full story) Mon, 16 Sep 2013 00:00:00 -0700 c67a9103e5f51afba78625a0e9a7dbaa http://www.sandiego.edu/business/news/?_focus=46028 U-T San Diego-- July was one of 2013's best months for San Diego's economy, says a survey by the University of San Diego. The monthly study, called the Index of Leading Economic Indicators, weighs various areas of the economy, including stock prices, unemployment insurance claims, and new building permits. It then formulates an index based on those factors to measure growth. Last month, a jump in permits issued for new residential buildings and in consumer confidence pushed the index to 127.5, its highest point since bottoming out at 100.7 in March 2009. The 0.7 percent jump on the index from June was also the third biggest of 2013, and a big boost from its June growth of 0.1 percent. "There's no sign of a downturn ahead," said Alan Gin, a USD economist who authors the study. Gin said he expected positive and solid growth for the upcoming year. He said he'd consider a jump of 1 percent or greater on the index to be a spectacular month. (Full story) Mon, 02 Sep 2013 00:00:00 -0700 ab1ce0d28a3f9b2ed364de0a35b134bc http://www.sandiego.edu/business/news/?_focus=45496 Monster.com -- Call it a more communal office space. The rise of the entrepreneur class and self-employment, along with the let-it-all hang-out vibe of tech giants like Google, are changing the ways in which we work and today's office space. Smaller spaces, open floor plans and workplace flexibility are altering the way our offices look, even while aiming to increase employee productivity. ... And it doesn’t stop at the restroom door. Norm Miller, a professor of real estate at the University of San Diego, says one company he visited has its head of innovation act as a social director in the break room, introducing strangers so they can start conversations that may lead to new products, services and greater productivity. The room is set up like a café, with tall tables and good coffee. “They said it was the most innovative location in the building,” Miller says. “The idea now is not only to share space but to create more collaborative rooms so people can be productive.” (Full Story) Wed, 07 Aug 2013 00:00:00 -0700 efd157eb728679997cf37ed2f7294afb http://www.sandiego.edu/business/news/?_focus=46029 U-T San Diego -- To his credit, President Barack Obama has now officially tossed the nation’s $9.4 trillion home mortgage market into the Washington meat grinder. If we’re lucky, the resulting policy sausage will attract private capital into the government-dominated market without setting the stage for the next financial crisis and yet another taxpayer bailout. ...That would cut the number of home sales in most markets, according to research by Norm Miller, a professor at the University of San Diego’s Burnham-Moores Center for Real Estate. But in supply-constrained markets like San Diego’s, higher mortgage rates tend to depress prices, particularly in the lower-priced market segments where buyers are more sensitive to jumps in their monthly payments. “So in the under-$400,000 market, if mortgage rates went from 4.5 percent to say, 6 percent, prices would decline slowly by about 10 percent,” Miller said. (Full story) Wed, 07 Aug 2013 00:00:00 -0700 23163f117d56c2d344e99641182376ad http://www.sandiego.edu/business/news/?_focus=45491 U-T San Diego -- Question: Excluding any city budget impact, is there an economic price to pay for the continuing Filner sexual harassment scandal? Panel's answers: Yes 4, No 4 (Full Story) Fri, 02 Aug 2013 00:00:00 -0700 7de32bd8abe04f49e904808150cb9eff http://www.sandiego.edu/business/news/?_focus=45443 San Diego Business Journal -- An index measuring San Diego’s economy increased by a tenth of 1 percent in June, with three of its six components showing gains. Led by a big jump in the local consumer confidence and smaller hikes in the amount of help wanted advertising and number of building permits, the USD-Burnham Moores Center for Real Estate’s Index of Leading Economic Indicators for San Diego County rose for the 10th straight month. It’s also risen for 18 out of the last 19 months, providing evidence that the economy continues a slow and steady recovery. Two components sustained declines in June. The number of new claims for unemployment increased, measured as a negative, and the stock prices of local companies declined by nearly 1 percent. The index of the national economy was flat for the month. Alan Gin, the USD economics professor who compiles the index, said the outlook is for “solid growth” for the rest of this year and for at least the first half of 2014. (Full Story) Wed, 31 Jul 2013 00:00:00 -0700 4507b0d55328819fadc7a63a040faa9f http://www.sandiego.edu/business/news/?_focus=45442 U-T San Diego-- Question: Does San Diego really need a big marketing budget to draw tourists? Panel's answers: Yes 6, No 2 (Full Story) Fri, 26 Jul 2013 00:00:00 -0700 ac4ead69736d70206a37651081f117a8 http://www.sandiego.edu/business/news/?_focus=45444 FoxBusiness.com -- June 21 marked the first day of summer. But to Realtors, only one season matters: home-buying season, which occurs annually from March to September. Seasonality presents important implications for buyers and sellers, and is naturally most pronounced in markets with seasonal change. But other factors like the school year and expiring leases have a lot to do with home-buying season as well. ... But a recent paper, "Correcting for the Effects of Seasonality on Home Prices," by Norm Miller, et. al., published in the Winter 2012 issue of The Appraisal Journal, argues that seasonal adjustments are necessary. "Sales occurring in the thinnest time of the year often sell for lower prices, and the reverse holds when comparing spring sales to an appraisal in December. If no adjustment is made, there will be bias and error in the valuation," the paper states. (Full Story) Tue, 23 Jul 2013 00:00:00 -0700 d071d81a069f2f7a2ed8c14386d226ce http://www.sandiego.edu/business/news/?_focus=45288 U-T San Diego -- After a boom, bust and rebound, has the local housing market found balance midway through 2013? Increased demand for homes and strained for-sale supply have fueled the San Diego County real estate recovery. However, skyrocketing home prices and higher mortgage rates threaten to keep the market from further movement by potentially pricing out buyers. Those push-and-pull dynamics and declining distressed-housing stock have contributed to a market that’s “close to equilibrium,” said Norm Miller, a real estate professor at the University of San Diego’s Burnham-Moores Center for Real Estate. “It’s looking much better, more stable,” Miller said. “The only uncertainty is the effect of interest rates” on homebuying, he added. (Full story) Thu, 18 Jul 2013 00:00:00 -0700 c4278edb760346927315b3a5d3c94b8d http://www.sandiego.edu/business/news/?_focus=45441 U-T San Diego -- Question: ComicCon will no doubt deposit millions into local cash registers. Are such big but rare conventions worth the public investment to attract them and keep them coming? Panel's answers: Yes 6, No 2 (Full Story) Fri, 12 Jul 2013 00:00:00 -0700 5a423678dfb8670e679112568a3c097f http://www.sandiego.edu/business/news/?_focus=45201 The Daily Transcript -- George Chamberlin speaks with Mark Riedy, executive director at the Burnham-Moores Center for Real Estate at the University of San Diego, and Nick Norris, a U.S. Navy SEAL who recently completed a real estate graduate program at USD. Riedy has helped develop a program at USD to help military members transition to the civilian workforce. (Watch video) Mon, 01 Jul 2013 00:00:00 -0700 68bfce0c7cb2e15cba3ef0e1ff6e6ae7 http://www.sandiego.edu/business/news/?_focus=45197 U-T San Diego--San Diego’s economy should see good growth at least into the first part of 2014, a monthly study by the University of San Diego says. The study, called the Index of Leading Economic Indicators, calculates economic progress through various aspects, such as stock prices, unemployment claims, building permits and consumer confidence. It mimics a national economic report put out monthly by The Conference Board. (Full Story) Sat, 29 Jun 2013 00:00:00 -0700 a30398b2f6015f4affa284598c8c606e http://www.sandiego.edu/business/news/?_focus=45199 U-T San Diego -- Norm Miller, University of San Diego, Answer: Yes As I hate to act like I know enough to second guess the Fed and the market hates uncertainty. The U.S. needs to stop artificially holding down rates or we will end up with another bubble and unsustainable pile of distressed assets. It is appropriate to announce a phase out of buying our own securities. Thomas Jefferson said in 1802, “The monopoly of a single bank is certainly an evil...the less we meddle (in the economy) the better.” Smart guy. (Full Story) Fri, 21 Jun 2013 00:00:00 -0700 f266848d2b276ab7e00efef724432466 http://www.sandiego.edu/business/news/?_focus=45198 KPBS -- Economists are warning that there are signs that housing prices are going up a little too high, a little too quickly. In May, San Diego home prices were up nearly 24 percent over last year's and California as a whole experienced the biggest year-to-year housing price jump in 33 years. Alan Gin is a professor of economics at the University of San Diego and author of USD's Index of Leading Economic Indicators. He said the situation is better than when the housing market crashed several years ago. (Full Story) Wed, 19 Jun 2013 00:00:00 -0700 4ec4ee86ecda25d00fefd0c82066654d http://www.sandiego.edu/business/news/?_focus=45200 U-T San Diego--Question: Should investors fear a big correction in the stock and bond market. Should they bank their profits and exit now? Panel's answers: Yes 3, No 4 (Full Story) Fri, 14 Jun 2013 00:00:00 -0700 8e488fbc6018daa74131086e2367142b http://www.sandiego.edu/business/news/?_focus=45063 The Saturday Evening Post -- “Land is the only thing in the world that amounts to anything, for ’tis the only thing in this world that lasts. … ’Tis the only thing worth working for, worth fighting for, worth dying for,” says Gerald O’Hara to daughter Scarlett in Gone with the Wind. Wise words. Real estate was on an upward surge for decades. It seemed unstoppable. Then, along came the disastrous collapse of the housing bubble in 2007. Six years later, we’re seeing a good rebound in real estate prices, and that has many, perhaps you, wondering if land is once again, if not worth fighting and dying for, at least worth investing in. ... Norman Miller, Ph.D., professor at the Burnham-Moores Center for Real Estate at the University of San Diego, says that now might be a good time to invest in either REITs or stocks in the housing-construction industry. Of these two investment choices, “REITs are more a buy-and-hold investment, for those who want long-term exposure to real estate without the headaches of being a landlord,” says Miller. “Housing stocks, subject to even more risk, as well as potential, are appropriate for only the most aggressive investors.” (Full Story) Wed, 29 May 2013 00:00:00 -0700 b6c297dd399099f7119c3e8a1d29699a http://www.sandiego.edu/business/news/?_focus=45064 U-T San Diego -- Q: Is Federal Reserve Board Chairman Ben Bernanke running the “most inappropriate monetary policy in history,” as claimed by a noted Wall Street hedge fund manager? Panel's answer: Yes 1, No 7 (Full Story) Sun, 26 May 2013 00:00:00 -0700 48417e8611f40ccbdf2a6ff8e46b763a http://www.sandiego.edu/business/news/?_focus=45011 U-T San Diego -- San Diego County home prices have hit the highest level in five years, as distressed sales continue to fall and mortgage rates are still near record lows. The median price of a home sold in April rose to $400,000, up 21 percent from the same time a year ago, reported San Diego-based real estate monitor DataQuick on Tuesday. Last month’s median price matched the median in April 2008. The all-time peak was $517,500 in November 2005. Sales rose 7 percent from a year ago to 3,792. ... Norm Miller, professor at University of San Diego’s Burnham-Moores Center for Real Estate, said the plan has worked so far. But if it goes on for too many years and double-digit price hikes persist, those conditions could be unsustainable and a real estate bubble could form, he said. For now, another bubble can be avoided if homebuyers continue to buy what they can afford and underwriting standards for mortgages continue to be strict, Miller said. A key difference between the housing climate now and during the lead-up to the real estate crash is that lenders aren’t issuing subprime or second mortgages, which got a lot of homeowners into trouble. (Full Story) Tue, 14 May 2013 00:00:00 -0700 798729039314de06df4f00d25dcc5b6e http://www.sandiego.edu/business/news/?_focus=44952 Wall Street Journal -- Call it the flora-and-fauna effect: Home buyers will pay a premium to live near open, undeveloped land. So much for good neighbors. That's the conclusion of a Colorado State University study of home prices in conservation developments, where residential real estate is limited and a substantial amount of land, usually 50% to 70%, is set aside as open space. "That could mean wildlife habitats, agricultural lands, important cultural sites, open space for scenic vistas," says Sarah Reed, co-author of the study and associate conservation scientist with the Wildlife Conservation Society. Increasing lot size in an undesignated conservation development raised the market price by 38 cents per square foot or $16,662 per acre, researchers found. In nonconservation developments, a bigger lot size translated to only 9 cents per square foot, or $4,062 per acre. The study, funded by the National Association of Realtors and CSU's School of Global Environmental Sustainability, was published in December 2012 in the Journal of Sustainable Real Estate. (Full Story) Fri, 03 May 2013 00:00:00 -0700 a3179529ca5e55d9c2dbf1731d35810c http://www.sandiego.edu/business/news/?_focus=44980 U-T San Diego -- Should shoppers pay Internet sales tax? Norm Miller, University of San Diego, ANSWER: YES For the sake of equity in the face of ever increasing on-line sales there is no choice but to impose sales taxes on vendors. Imposing this burden will trigger a wave of third party vendors who will track all the various sales tax districts and automatically calculate, collect and assist in payments to local governments which will allow small to mid-size vendors to comply. Until these third party vendors fully emerge the burden on small vendors will be disproportionate, so it would be wise to provide a fairly slow phase-in period with some more generous exemptions for the very smallest vendors. (Full Story) Fri, 03 May 2013 00:00:00 -0700 40b07a8ca484b62ec5031674c7c4bb27 http://www.sandiego.edu/business/news/?_focus=44953 U-T San Diego -- San Diego's economy grew in the first quarter of 2013, and it should continue to do so through the rest of the year. That's according to Alan Gin, economist at the University of San Diego, who on Thursday released his latest index of leading economic indicators for the local region. The index - the USD Burnham-Moores Center for Real Estate's Leading Economic Indicators - weighs stock prices, consumer confidence, initial unemployment claims and other parts of the economy to calculate growth. It mimics the national study done monthly by The Conference Board. (Full Story) Thu, 02 May 2013 00:00:00 -0700 7f3b14b45d39400069297e10d9dad06b http://www.sandiego.edu/business/news/?_focus=44955 U-T San Diego -- Q: Does it matter that GDP is being recalculated upward by about 3% to take into account the value of books, movies, software, research and other pieces of the “knowledged-based” economy? Panel's answer: Yes 6, No 2 (Full Story) Fri, 26 Apr 2013 00:00:00 -0700 dd5c1eaf806fc6d763bd53884a3b9a58 http://www.sandiego.edu/business/news/?_focus=44956 U-T San Diego -- Q: Is the 30 percent drop in gold prices since September 2011’s high of $1,920 per ounce a cause for concern? Panel's answer: Yes 1, No 7 (Full Story) Fri, 19 Apr 2013 00:00:00 -0700 88169aad7b06bb1ab96c10a1ede8b3ac http://www.sandiego.edu/business/news/?_focus=44835 ConsumerAffairs -- Here we go again. With the slow turnaround in the housing market, investors are beginning to come back, shopping for what are perceived as under-valued properties. "Affordability is definitely improved when interest rates are lower," said Norman Miller, professor at the Burnham-Moores Center for Real Estate at the University of San Diego. "But it is very likely that the top tiers of the owner-occupied housing market are the ones benefiting the most from lower mortgage rates as this group has been less affected by credit score downgrades or more restrictive underwriting." (Full Story) Thu, 18 Apr 2013 00:00:00 -0700 14b875bdb405f3fd150b1056065d6d5d http://www.sandiego.edu/business/news/?_focus=44836 U-T San Diego -- Q: Does the proposed scaling back of Social Security benefits through lower inflation calculations represent a good start to reining in entitlement spending? Panel's answer: Yes 5, No 3 Alan Gin, University of San Diego, ANSWER: NO Norm Miller, University of San Diego, ANSWER: YES (Full Story) Thu, 18 Apr 2013 00:00:00 -0700 3dc1ca48c9e70c044716fe1da5650f66 http://www.sandiego.edu/business/news/?_focus=44774 KPBS -- A surging construction industry and an improving job market are helping drive optimism about San Diego's economy. The San Diego region's index of leading economic indicators jumped nearly a full point in March. University of San Diego economist Alan Gin compiles the information. He said a surge in the number of multi-family building permits and a decline in first-time unemployment claims led the charge. (Full Story) Tue, 09 Apr 2013 00:00:00 -0700 efafbcd6724d60d9cd5359a17c5f2fd3 http://www.sandiego.edu/business/news/?_focus=44770 U-T San Diego -- Q: Will research projects like the proposed $100 million annual brain-mapping undertaking bring significant economic benefits to San Diego? Alan Gin, University of San Diego Answer: Yes (Full Story) Fri, 05 Apr 2013 00:00:00 -0700 793a0f2eb0fad6d7c12acfd0a5250f72 http://www.sandiego.edu/business/news/?_focus=44676 U-T San Diego -- Q: Are you worried that homeowners will again turn to their positive home equity as a piggybank to fund their consumer urges? Alan Gin, University of San Diego. Answer: No. (Full Story) Fri, 29 Mar 2013 00:00:00 -0700 4e9245b48ec5ffec71b84bf7859a16e6 http://www.sandiego.edu/business/news/?_focus=44653 U-T San Diego -- If you’re looking to sell your home, the timing could not be better, as home prices are up in San Diego and demand is at its highest. Joe Bertocchini of the University of San Diego’s Burnham-Moores Center for Real Estate said the lack of supply in the current market is a contributing factor. The acceleration in the housing market has coined has even coined the term “Flash Sales.” “We’re seeing homes that are flying off the shelves so to speak, in matter of hours,” said Bertocchini. “Sometimes even within a day, less than 24 hours. We’re pretty stunned by what’s going on out there.” (Full Story) Wed, 27 Mar 2013 00:00:00 -0700 419af62f84aff3f021bbe8854aa1cfb6 http://www.sandiego.edu/business/news/?_focus=44631 U-T San Diego -- Q: How will we know if the economic recovery in San Diego County is for real? Answers: Jobs, GPD, House Prices, other. (Full Story) Fri, 22 Mar 2013 00:00:00 -0700 ab4fd232302ee2bad958121e3736106c http://www.sandiego.edu/business/news/?_focus=44632 U-T San Diego -- Get ready to snuggle up closer to your office mate. That’s the prospect for the office of the future as the economy recovers and companies begin to add workers and occupy more space. If you’ve been working from a home office the past few years, you may be in for a shock when you return to a real office. Yahoo and Best Buy have canceled work-from-home schedules, but Norm Miller, a real estate professor at the University of San Diego, said those companies are not trendsetters. “It’s probably not a sign of the reversal of the working outside or at home trend but the inability of Yahoo or Best Buy to figure out how to manage remote workers,” Miller said in a webinar sponsored by CoStar Group. (Full Story) Sun, 17 Mar 2013 00:00:00 -0700 c7fb2626d8dc6fde7f9393dba11d2792 http://www.sandiego.edu/business/news/?_focus=44489 San Diego Business Journal -- A diverse economy is expected to keep local real estate on a path to recovery, even if short-term growth remains slow for both the San Diego and national economies, experts said at a real estate conference presented recently by University of San Diego. Organizers said about 700 attended the 17th annual conference presented at downtown’s Hilton San Diego Bayfront Hotel by USD’s Burnham-Moores Center for Real Estate. (Full Story) Mon, 11 Mar 2013 00:00:00 -0700 0cdd86cc1ec9274834f1b65f9aff4716 http://www.sandiego.edu/business/news/?_focus=44490 U-T San Diego -- Q: Is working at home on a flexible schedule economically beneficial to employers as well as employees? Panel's answer: Yes 8, No 0 (Full Story) Fri, 08 Mar 2013 00:00:00 -0800 e8f935ae1e633ff71149ec5808cf4864 http://www.sandiego.edu/business/news/?_focus=44494 The Daily Transcript -- Economic progress comes from the “rainforest recipe,” where an innovation ecosystem allows each person to play an equal and important role, said the managing director of T2 Venture Capital. Innovation is what happens “when ideas have sex,” Greg Horowitt said. He told the audience Friday at the University of San Diego's Burnham-Moores Center for Real Estate 17th annual conference that their role is to “build and manage brothels where innovation happens.” (Full Story) Fri, 08 Mar 2013 00:00:00 -0800 beb27183f2f4238177347d4d1e61111e http://www.sandiego.edu/business/news/?_focus=44495 U-T San Diego -- The lack of U.S. immigration reform could stifle economic growth in San Diego County and pigeonhole the region as a place that fails to attract major companies, said Qualcomm founding Chairman Irwin Jacobs at a local real estate conference on Friday. Technology and life-science companies in the county, like mobile chip maker Qualcomm, are having an increasingly hard time recruiting qualified workers because many of them are foreign graduates who can't secure visas to work legally in this country, said Jacobs, at an event hosted by USD's Burnham-Moores Center for Real Estate. (Full story) Fri, 08 Mar 2013 00:00:00 -0800 e0137925cd1a0295af52cb849f134943 http://www.sandiego.edu/business/news/?_focus=44492 U-T San Diego -- Q: Should the Fed continue on its current policy of stimulating economic growth through low interest rates? Panel's answer: Yes 5, No 3 (Full Story) Fri, 01 Mar 2013 00:00:00 -0800 0deec497cf0163d60b3a5d78334fbf3c http://www.sandiego.edu/business/news/?_focus=44491 U-T San Diego -- Q: Will San Diego see any immediate effects March 1 of the sequester of $85 billion in federal funds? Panel's answer: Yes 7, No 1 (Full Story) Fri, 22 Feb 2013 00:00:00 -0800 4cd5b3480c308d81c73d3a4381ea0816 http://www.sandiego.edu/business/news/?_focus=44248 U-T San Diego -- Q: Should the federal minimum wage be raised from $7.25 to $9 per hour as President Obama has recommended? Panel's answer: Yes 2, No 6. Alan Gin, University of San Diego ANSWER: YES Norm Miller, University of San Diego ANSWER: NO (Full Story) Tue, 19 Feb 2013 00:00:00 -0800 fed80eb978e5e4f87e83eb7fdcee73a4 http://www.sandiego.edu/business/news/?_focus=44175 U-T San Diego -- Q: Do companies gain a big enough economic advantage to justify relocating from California to Texas? Panel's answer: 3 Yes , 5 No Alan Gin, University of San Diego- ANSWER: NO Norm Miller, University of San Diego- ANSWER: YES (Full Story) Tue, 12 Feb 2013 00:00:00 -0800 d53105f2bd3fe7ce91c02330756eb8ec http://www.sandiego.edu/business/news/?_focus=44131 American Banker -- From late-2008 to mid-2009, banks and financial institutions had already written off or written down credit losses on U.S. mortgages by over $1.6 trillion according to the OECD. Charge-offs on just the CDO-financed portion of the subprime lending debacle were recently estimated by economists at the Federal Reserve Bank of Philadelphia to approach a half trillion dollars. The Community Reinvestment Act of 1977 is still the law of the land and, if it was a root cause of the last financial crisis, as opponents conclude, then it likely will be again. (Full Story) Tue, 05 Feb 2013 00:00:00 -0800 b5c582385260ed6d0e65c044a2bc00a9 http://www.sandiego.edu/business/news/?_focus=44132 U-T San Diego -- Q: Do you agree with the plan to extend the federal debt limit by an extra three months to provide more time for budget negotiations? Panel's answer: Yes 8, No 0 Alan Gin, University of San Diego, ANSWER: YES (Full Story) Tue, 05 Feb 2013 00:00:00 -0800 4e3c78871b8461ec936059aefc16ecd2 http://www.sandiego.edu/business/news/?_focus=44133 The Daily Transcript -- Reverse mortgages are causing trouble for the Federal Housing Administration, which could result in new policies going into effect in the next couple months. Carol Galante, commissioner and acting assistant secretary for housing, wrote in a letter to U.S. Sen. Bob Corker four policies to help correct structural problems in FHA’s Home Equity Conversion Mortgage (HECM) program. Those policy recommendations include: requiring borrowers with credit scores below 620 to have a maximum debt-to-income ratio no greater than 43 percent to be approved through FHA’s TOTAL Scorecard; a moratorium on the full-draw HECM Reverse Mortgage, which would result in “the immediate cessation of the use of the Standard Fixed Rate HECM product"; lowering the maximum loan-to-value ratio on loans above $625,500 to 95 percent from 96.5 percent, raising the down payment from 3.5 percent to 5 percent . . . An attempt to control fees and penalties could be good in terms of trying to “prevent some consumer exploitation,” said Norm Miller, professor at the Burnham-Moores Center for Real Estate at the University of San Diego. (Full Story) Tue, 05 Feb 2013 00:00:00 -0800 1c5fababac7af2ea482979ab0c7a1d10 http://www.sandiego.edu/business/news/?_focus=44134 Fox 5 San Diego -- The S&P Case-Shiller Home Price Index recently reported that home prices in San Diego have risen for nine straight months. Joe Bertocchini of the University of San Diego’s Burnham-Moores Center for Real Estate said when it comes to homes, San Diego’s market is lacking supply. (Full Story) Tue, 05 Feb 2013 00:00:00 -0800 79ffd8ce6fc21a71de6e43e055841ce8 http://www.sandiego.edu/business/news/?_focus=43997 U-T San Diego -- Q: In light of the widespread flu outbreak, should all employers in California be required to provide paid sick time off? Panel's answer: 2 Yes , 6 No (Full Story) Fri, 18 Jan 2013 00:00:00 -0800 54f28151c936f4c0300a9b135b2c26fe http://www.sandiego.edu/business/news/?_focus=43999 U-T San Diego -- Congress and the president face an impasses on raising the debt ceiling -- and this is one way out, some say. (Full Story) Fri, 11 Jan 2013 00:00:00 -0800 5d4d0b9800cac25cb14574de612282a4 http://www.sandiego.edu/business/news/?_focus=43882 San Diego Business Journal -- An index measuring San Diego’s economy edged up a tenth of a point in November, its 11th rise in the last 13 months. The USD Burnham-Moores Center for Real Estate’s Index of Leading Economic Indicators for San Diego County increased to 122.8, up 6.6 points from November 2011. While the increase was modest, it was still positive and the outlook for the local economy in 2013 is for positive growth, said Alan Gin, the USD economics professor who compiles the data for the index. (Full Story) Fri, 04 Jan 2013 00:00:00 -0800 03985083863ea584b2c691a55fbc6d00 http://www.sandiego.edu/business/news/?_focus=43883 The Daily Transcript -- The USD Burnham-Moores Center for Real Estate's Index of Leading Economic Indicators for San Diego County rose 0.1 percent to 122.8 in November, up from October's value of 122.6. The gain was led by a strong positive move for initial claims for unemployment insurance, along with smaller gains for consumer confidence and help-wanted advertising. These outweighed moderate declines in building permits, local stock prices and the outlook for the national economy to push the USD Index to its 11th increase in the last 13 months, according to USD economics professor Alan Gin, who compiles the index. (Full Story) Thu, 03 Jan 2013 00:00:00 -0800 17e10d7295c593fe1ac4d5a369eb3953 http://www.sandiego.edu/business/news/?_focus=43885 U-T San Diego -- Q: What surprised you most about the key economic indicators in 2012? (Full Story) Fri, 28 Dec 2012 00:00:00 -0800 711b8be8dcb0034d38a5ec5b75330d02 http://www.sandiego.edu/business/news/?_focus=43884 U-T San Diego -- Q: With the stocks rebounding in recent days, should big and small investors return to the stock market? Panel's answer: Yes 5 , No 2, Yes/No 1 (Full Story) Fri, 21 Dec 2012 00:00:00 -0800 00ae72654870274d5a3fdbb9e1985806 http://www.sandiego.edu/business/news/?_focus=43772 San Diego Union-Tribune -- Q: Should the U.S. replace the dollar bill with the dollar coin and save a projected $4.4 billion over 30 years? Panel's answer: Yes , No (Full story) Fri, 07 Dec 2012 00:00:00 -0800 cd775f7aa2405321dd1c44f870bce023