As Unemployment Rates Decrease, Inflation Potential Rises

Based in Silicon Valley, Ed Vergara serves as Marcus & Millichap’s vice president of investments and provides commercial and multi family residential brokerage solutions. Ed Vergara undertakes complex negotiations for transactions that take up to six months to complete and spearheads the investment sales process. His firm provides a host of resources on its website, including information on market trends and related economic news. 

A recent article examines inflation pressure fears, given the fact that key unemployment rates have decreased in recent months and hiring has kept to a sustained upward trajectory. In October alone, 161,000 positions were added and wages rose significantly, signaling that economic growth trends appear steady. A benchmark interest rate increase by the Federal Reserve is being discussed by financial analysts. 

These trends may impact prices in early 2017 and beyond, as inflation becomes an issue again and rising prices eat into workers’ paychecks. In the real estate sphere, the growth cycle means that more newly formed households are looking to buy and are only held back by a limited supply of entry-level homes. New construction starts suggest that this issue should be rectified within the coming year.

California Bar Proposes New Ethics Rule for Prosecutors

 

Ed Vergara currently serves as the vice president for investment at Marcus and Millichap, a real estate firm based in Palo Alto, California. In addition to his real estate investment work, Ed Vergara also maintains members in the State Bar of California.

The State Bar of California’s Board of Trustees has approved new ethics regulations that address the function of criminal prosecutors, more clearly defining their obligation to provide the defense with pertinent evidence. The proposed rule now goes to the California Supreme Court for approval before it can be implemented.

The new regulation would require the prosecutor to share evidence he or she would reasonably think could be beneficial to defense lawyers.

The move comes as a broad initiative by the bar to overhaul its rules of conduct for the first time in more than 30 years. The State Bar’s Commission for the Revision of the Rules of Professional Conduct has come up with 68 new and modified rules proposals that will go before the California Supreme Court by the spring of 2017.