September 30, 2013: Perry Wong, Milken Institute

Perry Wong, Director of Research
Milken Institute

Segment 1
Year-to-date median and average
Sales over $1,150,000
Tigers in Malibu
Today in History

Segment 2
Perry Wong, Milken Institute
California: Different regions & Disparity
Coastal versus inland regions
Leverage Disadvantage
Brain Drain goes back to the 1950’s to the 1970’s
Critical to Business: Certainty
A good time to buy real estate
Forecast on interest rates

Segment 3
Quoting Fannie Mae economist Douglas G. Duncan
Smoking in Carpinteria
What do horses and prisoners have in common?

Segment 4
Weekly Multiple Listing Update