The Following Article is from the Fall 2006 Newsletter As an article in the Los Angeles Times so aptly put it, “There is no consistency or predictability in the real estate market inSouthern California.” The market is “still going up” or “it is finally going down” as prognosticated by market gurus the last five years or “it is running sideways, a flat market.” These are the… Continue Reading IT’S AS CLEAR AS MUD!
The Following Article is from the Summer 2006 Newsletter This month we will be focusing on real estate sales data from the Los Angeles Multiple Listing Service. We will be comparing 2005 to 2006 year-over-year and month by month. Overall the marketplace is still strong and healthy but some of the dynamics have changed. The early part of this year got off to a… Continue Reading WHERE DID THE “SENSE OF URGENCY GO”?
The Following Article is from the Summer 2006 Newsletter For 50 years, the UCLA Anderson Forecast has provided forecasts for the economies ofCalifornia and theUnited States. The UCLA Anderson Forecast forCalifornia is the most widely followed and oft-cited in the state and was unique in predicting both the seriousness of the early-1990s downturn, and the strength of the economy. The UCLA Anderson Forecast issued in… Continue Reading UCLA Anderson Forecast Predicts Real Estate Slowdown in California – No Statewide or National Recession Seen