Homebuying revival? Southern California sales, prices take record jumps in...
Has Southern California’s housing market awoken from its lengthy slumber? My trusty spreadsheet, peeking at February’s CoreLogic sales stats, found these record-setting nuggets … Sales: The 12,430...
View ArticleCalifornia rent ‘bargains’ are disappearing. Which ones are left?
“How expensive?” tracks measurements of California’s totally unaffordable housing market. The pain: Tenants will find dwindling cost advantages when choosing California’s cheapest places to rent...
View ArticleCalifornians face 76% surge of cities with million-dollar home prices
“How expensive?” tracks measurements of California’s totally unaffordable housing market. The pain: The number of million-dollar cities in five pricey California regions rose by 76% since the pandemic...
View ArticleSouthern California inflation heats up in early 2024
If you’re rooting for a chill in the swiftly growing local cost of living, 2024 offers little hope, so far. Southern California inflation was rising at a 4% annual pace in March – a decided upswing...
View ArticleIs California still the world’s 5th largest economy?
Could California lose its bragging rights as the world’s fifth-largest economy? My trusty spreadsheet found that the Golden State could fall one notch in 2024 to fast-growing India in this theoretical...
View ArticleSouthern California real estate hiring slows to a crawl
Job growth in Southern California’s real estate industries seems to be grinding to a near halt. My trusty spreadsheet found property-linked employment in Los Angeles, Orange, Riverside and San...
View ArticleSouthern California wages jump 5%, beating US raises for 9th consecutive year
“Swift swings” takes a quick peek at one economic trend. The number: Southern California workers got an average 5% increase in wages and salary last year compared with 4.6% nationally. The source: My...
View ArticleCalifornia’s fast food prices rose 7% before new $20 wage, No. 1 jump in US
California fast food prices have risen by 7% in six months – the biggest bump in the nation, according to one industry cost tracker My trusty spreadsheet reviewed a study by Datassential tracking what...
View Article8 California real estate battles worth watching
It’s playoff season for basketball and hockey with sports fans glued to the big matchups. But that kind of emotion and energy isn’t just limited to athletic contests. For example, there are plenty of...
View Article37% more Southern California workers added in March than average
Southern California’s bosses added 27,800 workers in March — a hiring pace 37% above the region’s pre-pandemic job growth for the month. My trusty spreadsheet, filled with state job figures released...
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