Southern California News Group

BUBBLE WATCH: Prices sky high
BY JONATHAN LANSNER

"Bubble Watch" ponders what's frightening, and what isn't, in local real estate and the region's economy.

Click to watch the data visualization of CA home price trends over 30 years!

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.

CLICK HERE for all the details!

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

... 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

How bubbly?

High: SoCal's $585,000 median a new record high

Read More

Some: California eviction ban ends Sept. 1

Read More

Low: Pandemic means mild inflation

Read More

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