Record highs for state, SoCal home prices
| Southern California News Group |
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| "Bubble Watch" ponders what's frightening, and what isn't, in local real estate and the region's economy. | | | Look at the view above! Worth $60 million? It gets you 13,000 square feet of ocean-view life in Laguna Beach, including six bedrooms and a bowling alley.
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SPEAKING OF PRICEY STUFF ... | The region and four of its counties set new price peaks. July's SoCal records come with slight sales gain vs. 2019. READ MORE |
California housing hits a new price height. Again! It's seventh record set in 27 months. READ MORE |
Stock market too hot? Apple becomes first $2 trillion company. READ MORE |
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| ... AND A RENTAL INDUSTRY ON THE EDGE ... | Being a renter has become the national nightmare. In August, 13% of tenants skipped the monthly payment. READ MORE |
Will the legislature save tenants? California's eviction moratorium to end Sept. 1. READ MORE |
Gov. Newsom faces new virus crisis. Can he avoid the state falling off an eviction cliff? READ MORE |
Landlords losing pricing power. Empty units mean Los Angeles-Orange County rent hikes at 5-year low. READ MORE |
| | ... BUT SOME HOPE! | Not every store is closing. JC Penney in San Bernardino will not close permanently. READ MORE |
At least inflation is low. Inland Empire cost of living up 1.7% in a year. READ MORE |
Pandemic job losses drop. New unemployment claims hit 5-month low in California. READ MORE |
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| High: SoCal's $585,000 median a new record high |
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| Some: California eviction ban ends Sept. 1 |
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| Low: Pandemic means mild inflation |
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