Segment 2
UCSB Economic Forecast Director Peter Rupert
Economic Summit May 24, 2023
Christopher Waller, Governor Fed Reserve Board of Governors
Ted Egan, Chief Economist City/County of SF
“The state of SF”
Unheard interest rate increases by Fed Reserve
Recession: not in sight
Consumer Spending is strong, wages rising, strong labor market
State Street: Keep it closed or open it back up
Segment 3
Legal Tip: ‘Seller to remain in possession’ after close of escrow
A property sells in 2019 & again in 2023
Trend in # of listings in escrow
Segment 4
Weekly Multiple Listing Update
Mark Schneidman, Realtor, 805-452-2428
Mark@RadioRealEsate.com
CA. DRE # 00976849
Comments Off on May 8, 2023: UCSB Economic Forecast Director Peter Rupert, Economic Summit May 24, 2023, The Granada Theatre, Santa Barbara, CA
Segment 2
Syndicated Columnist Dan Walters
The 173-year war for control of California’s Water Supply
Imperial Valley has rights to 75% of the Colorado River supply
Imperial County in 1907 was the last County to form in California
AB 1337 could allow changes in existing pre-1914 Water Rights
History of Tulare Lake: 1,000 square miles
Take a boat from Bakersfield to San Francisco
Southern Sierras snow brings back part of Tulare Lake
Segment 3
Syndicated Columnist Dan Walters
High living costs solidify California’s two-tier economy
It costs 46.8% more to live in CA than the national average
Housing costs is at the top of the list
$98,000 down payment needed to buy median priced CA home
Net loss of hundreds of thousands of people
Segment 4
Weekly Multiple Listing Update
Mark Schneidman, Realtor, 805-452-2428
Mark@RadioRealEsate.com
CA. DRE # 00976849
Comments Off on May 1, 2023: Syndicated Columnist Dan Walters