Latest Real Estate Economic Updates

Economic Lessons From the Great Recession

  • Mike Lembeck
  • 25 January 2021

Financial pain perpetrated by the COVID-19 pandemic has been gentler than it otherwise could have been, according to a newly released research paper from the business schools of Columbia University, Northwestern University, Stanford University, and the University of Southern California, due largely to forbearance programs.

California Housing Market Ends Year on High Note

  • Mike Lembeck
  • 25 January 2021

California’s housing market closed out 2020 on a high note, recording solid sales and a fifth record-high median price in December, the California Association of Realtors (C.A.R.) reported on Friday. That bright note was achieved despite a global pandemic that lingered most of the year, two lockdowns and a struggling economy.