Enroll in our 45-hour package #901: Economic Trends in California Real Estate and get all the renewal hours you need, PLUS an up-to-date report on the latest market trends! You'll learn about the 25 market factors guiding real estate in California so you're prepared for tomorrow's market. Sign up online or call 951.783.7300.

"The latest increase in seemingly unending price escalations is more fundamentally economic than speculative. Demand in certain areas (San Francisco Bay Area) where incomes have grown much faster than nationally and are still rising at rates faster than home prices or rents is the cause. The 'bubble' of 2007 and before was highly speculative and in many instances fraudulent (see the fabulous example of this in the film 'The Big Short.'). The stats on percentage of homeownership, the aging millennials who will be starting families (and buying homes), the last days of terrific tax incentives to buy and the historically low interest rates, despite tough bank lending requirements, will drive this demand for some time to come… in an entirely non- speculative manner."

- Dane Faber, J.D., on Poll: Is California real estate in the midst of a speculator-driven bubble?