May 22, 2017: Matthew Fienup, Executive Director, Center for Economic Research & Forecasting California Lutheran University

Matthew Fienup, Executive Director, Center for Economic Research & Forecasting California Lutheran University

Center Economic Research Forecasting Cal Lutheran

Segment 1
Year-to-date # of sales & median price compared to prior years
With and without Montecito and Hope Ranch

Segment 2
Matthew Fienup, Exec Dir Center Economic Research Forecasting
Why the stock market has done so well recently
2 reasons: Hope on New Administration and the Federal Reserve
The Federal Reserve: Low Interest Rates & Paying Interest on Reserves
At 1.9% our economy is half the growth it was pre-recession

Segment 3
Matthew Fienup, Exec Dir Center Economic Research Forecasting
Cal Lutheran pivotal in new trading water rights and allocation
Incentive to conserve and option to trade
“Cap and Trade”

Segment 4
Weekly Multiple Listing Update