By Joseph W. Brady, CCIM, SIOR I wish to welcome our current and future subscribers of the 50th edition of the Bradco High Desert Report, the only economic overview of the High Desert region, covering the Northern portion of San Bernardino County and the Inland Empire. We more specifically address economic issues affecting the cities of Adelanto, Barstow, Hesperia, Victorville, and the Town of App...
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By Ronald J. Barbieri, Ph.D., CPA February 9, 2012 Population estimates by Nielsen/Claritas indicate the Population of the High Desert declined from a high of 443,516 as of January 1, 2009 to 421,712 as of January 1, 2011. If the estimates are correct it would represent a population decrease of 21,804 or 4.9% over the two year period, which is significant. The estimated loss in population in 200...
By Joseph W. Brady, CCIM, SIOR I wish to welcome our current and future subscribers of the 49th edition of the Bradco High Desert Report, the only economic overview of the High Desert region, covering the northern portion of San Bernardino County and the Inland Empire. We more specifically address economic issues affecting the cities of Adelanto, Barstow, Hesperia, Victorville, and the Town of App...
By Dr. Alfred J. Gobar Chairman, Alfred Gobar Associates The last issue of the newsletter provided preliminary evidence of improving economic conditions that will eventually affect the High Desert’s economy and real estate market. Although recent trends are far from robust, they do continue to be positive, as indicated in the graph in Exhibit 1. The low point in the employment index in July 2011...
By Bob Thompson – Advanced Listing Services Beginning in January 2005, observe that median price was increasing in a steady fashion until the first quarter of 2006. Then began a precipitous decline in the price schedule until 3rd quarter of 2009, when the market plateaued after losing over $200,000 in median price value. Notice that demand (closed properties) peaked in the 2nd quarter of 20...
The junction of Interstate 15 and Interstate 215 near Devore, California, is one of the worst grade-related bottlenecks in the USA. Severe delays are common, especially during peak afternoon and weekend hours. The purpose of the proposed project is to reduce congestion, reduce accidents, and improve freeway operation. Caltrans and SANBAG have studied a number of proposed improvements for the inter...
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