Mark Schniepp, Director California Economic Forecast
http://californiaforecast.com
Segment 1
Percentage of Inventory above & below $1,000,000
Percentage of listings in escrow over $1,000,000
Median price is down but prices are strong & more listings are selling
Segment 2
Mark Schniepp, California Economic Forecast
Plaines All American Pipeline means revenue loss for schools & Fire Department
Drought: Agriculture is economically strong
Building Moratorium not expected
Economic cycle near the top: Ferris wheel or Roller Coaster
Segment 3
Mark Schniepp, California Economic Forecast
PS on the Pipeline Revenue
Home prices moving slightly higher
Stock Market
Interest Rates
Recession cycles 10-10-9-7
Segment 4
Weekly Multiple Listing Update
