Consumer confidence plummets
 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Southern California News Group 
BUBBLE WATCH: Shoppers get antsy
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!
The chart above (see it in video form if you click on it) shows California consumer confidence at an 8-year low. That can't be good for the local housing market.

CLICK HERE for our analysis of the trend!

Then you can worry about ...


PRICE OF A PANDEMIC ...

Rental market gets softer. Coronavirus forces California landlords to double discounts. READ MORE

Pandemic hammers big retailers. So far in 2020, 40-plus chains have sought bankruptcy protection. READ MORE

Price too hot? Palm Desert golf estate chops $1 million off its asking price. READ MORE

... UNCLE SAM'S ROLE  ...

New California eviction protections come with a wish. More federal aid for renters, landlords is needed. READ MORE

Imagine home loans without government backing. Pimco fears rates might soar if Fannie Mae, Freddie Mac are privatized. READ MORE

Fed's homebuying bailout grows. Fed’s mortgage-buying spree at $1 trillion, and there's no end in sight. READ MORE

... AND SOME HOPE!

Newport Beach homebuilder Landsea to go public. It will get access to Wall Street money with $510 million merger. READ MORE

Have money, will pay. LA County tenants don't willingly skip the rent, study finds. READ MORE

How bubbly?
High: 32% of landlords discount, double pre-COVID
 
Some: Fed buys $1 trillion of mortgages
 
Low: OC homebuilder in $510 million merger
 

Support our real estate journalism. Get a digital subscription for just $1.23 for 16 weeks. CLICK HERE to sign up!

 
Follow Jon!
You are receiving this email because you are signed up for this newsletter from the Southern California News Group.
 Unsubscribe 
© 2019 Southern California News Group, 2190 S. Towne Center Place Anaheim, CA 92806