Job creation is the only cure for today’s recession. When will that happen?
Job losses will inevitably continue
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Real Estate Economics
Learn the 25 economic factors that drive California’s real estate market.
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Newly published related content
Commercial lending plummets in 2020
The Mortgage Bankers Association (MBA) forecasts a 59% decline in commercial loan origination amounts in 2020 for a total of $248 billion.
Low interest rates have inflated prices, but the boost is coming to an end; Monthly Statistical Update (September 2020)
Sales volume’s magnetic pull on home prices; The mean price trendline: the home price anchor; The higher risk and lower purchasing power of a small down payment
Will expiring CARES Act protections trigger a foreclosure wave?
Without legislation, the foreclosure moratorium will dam up the foreclosure inventory, to be released once the moratorium is lifted and the floodgates are opened.
Homebuilding is key to the next recovery
This article discusses the importance of residential construction in California’s economy, and the special part it has to play in the recovery from the 2020 recession.
Buyer purchasing power props up home prices, for now; Monthly Statistical Update (August 2020)
Buyer Purchasing Power Index (BPPI) rises with falling interest rates; Home sales volume succumbs to economic pressure; Home prices continue to defy gravity
While unemployment bounces, permanent job losses mount
National headlines are celebrating recent large job additions, but the full story is much more complex.
California sets lofty housing goals for the decade ahead
The California Department of Housing and Community Development (DHCD) recently approved its regional housing goals for the coming decade.
Young adults flock back to the nest — how long will they stay?
A new generation of adults are now living at home.