Office vacancy will end 2012 at 22.2 percent, down 70 basis points from the year before, and class - A vacancy will likely hover around 20 percent by year end, according to Marcus & Millichap, which also
cites strong job growth in its third quarter report.
Not exact matches
The most recent forecast for this area came from Lawrence Yun, chief economist for the National Association of Realtors, who
cited the area's
strong job growth.
Koberlein
cites a mix of factors —
strong demand for housing outpacing the available supply; attractive mortgage rates; a muscular stock market; baby boomers seeking a warmer retirement locale; and an expanding local
job market — to forecast continued local
growth in housing sales and pricing for 2018.