Residential construction declines, despite rising demand; Population growth exceeds new housing; Homeownership declines for the young
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Residential construction declines, despite rising demand; Population growth exceeds new housing; Homeownership declines for the young
The commercial real estate market experienced a mixed performance in 2020.
Residential vacancy rates – along with jobs and residential construction – declined rapidly in 2020.
Young homebuyers are expected to give residential construction a boost in the coming years.
Garcia v. D/AQ Corporation
Underwater homes were at their bottom in 2020.
Retiring Baby Boomers shift California’s future direction of real estate ownership.
As other economic measures improve in 2021, individual Californians struggle with lost income; For Californians to again achieve income equality, California’s GDP needs reallocation to our workforce; Introducing the SOFR for ARMs, the replacement for the corrupt LIBOR
Income inequality is catching up with California’s economy, stifling household formation and dragging down the housing market.
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