Marcus & Millichap Los Angeles Market Trends The Most Informative Overview of the Real Estate Market...

Marcus & MillichapLos Angeles Market TrendsThe Most Informative Overview of the Real Estate Market

2011

* Through July Sources:Marcus & Millichap Research Services, BLS

Total Monthly Employment Change

United States

* Forecast Sources:Marcus & Millichap Research Services, BLS

Economic Weakness Expected Into Late 2011

Risk Levels Remain Elevated

* Through June Sources:Marcus & Millichap Research Services, BLS

The Fed Has Pulled All Stops -Inflation Focus

Unlikely to Emerge Until Sustainable Growth is Achieved


Total Nonfarm Employment Change

Los Angeles vs. United States

* Through June Sources:Marcus & Millichap Research Services, BLS

Total Monthly Employment Change

Los Angeles

Sources:Marcus & Millichap Research Services, BLS

Los Angeles Sector Employment Year-over-Year Absolute Growth

Sources:Marcus & Millichap Research Services, BLS

Unemployment Rate



Renter Demographics

Los Angeles


New Housing Permits

Los Angeles

* Mortgage payment amortized over 30 yrs at 4.5%, Est. Tax/Insurance assuming 20% down payment Sources:Marcus & Millichap Research Services, Reis

Housing Affordability Gap

Los Angeles vs United States

* Forecast Sources:Marcus & Millichap Research Services, Reis

Apartment Supply



Apartment Demand Los Angeles vs. United States

Sources:Marcus & Millichap Research Services, Reis

Apartment Metro Vacancy Ranking

2Q 2011


Apartment Vacancy by Class

Los Angeles


Apartment Vacancy Ranking by Submarket Los Angeles


Apartment Asking Rent Trends



Apartment Effective Rent Trends



Apartment Metro Effective Rent Growth Ranking

2Q 2011


Apartment Effective Rent Ranking by Submarket Los Angeles

Includes sales $500,000 and greater, *Trailing-12 month period Sources:Marcus & Millichap Research Services, Costar Group, Inc., Real Capital Analytics

Median Sales Price Apartment

Includes sales $500,000 and greater, *Trailing-12 month period Sources:Marcus & Millichap Research Services, Costar Group, Inc., Real Capital Analytics

Average Cap Rate

Apartment

Marcus & Millichap Los Angeles Market Trends The Most Informative Overview of the Real Estate Market...

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