Meyers Group Company

One of Southern California's number-crunching real estate consultants has decided to expand from the housing industry into commercial real estate. The Meyers Group in San Diego keeps track of how many new houses are built in Southern California and how they are selling. The company sells its expertise to home builders, lenders and other clients. Now, Meyers will begin tracking offices, warehouses, stores and other types of commercial buildings. Since the two types of real estate are so closely linked--stores and offices, for instance, tend to get built in the same areas as new housing--the firm was already tracking commercial real estate, according to company President Jeff S. Meyers.

One of Southern California's number-crunching real estate consultants has decided to expand from the housing industry into commercial real estate. The Meyers Group in San Diego keeps track of how many new houses are built in Southern California and how they are selling. The company sells its expertise to home builders, lenders and other clients. Now, Meyers will begin tracking offices, warehouses, stores and other types of commercial buildings. Since the two types of real estate are so closely linked--stores and offices, for instance, tend to get built in the same areas as new housing--the firm was already tracking commercial real estate, according to company President Jeff S. Meyers.

The Meyers Group of Irvine said Tuesday it has acquired U.S. Housing Markets, a real estate data publisher, from Hanley-Wood Inc. for an undisclosed sum. The deal could help expansion-minded Meyers position itself as a national provider of new-home real estate data instead of a regional one. U.S. Housing Markets, a monthly newsletter published for more than 40 years, has provided local reports to major- and mid-sized markets nationwide. "U.S.

While the big, lavish houses are still selling well in Orange County, the market for less expensive townhouses and condominiums is also growing. New condos and townhouses outsold new detached houses during the first quarter of the year, by 1,390 units to 1,240 for the detached houses. That was a reversal of the last quarter of 1987, when townhouses and condos accounted for only 990 sales, and detached houses totaled 1,636.