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Episode 44: Leslie Appleton-Young Crunches the Numbers

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station description Diving into Life from San Francisco to Monterey Bay
Bay to Bay Podcast
Duration: 34:17
I am beyond thrilled to welcome Leslie Appleton-Young as my guest for the 44th episode of the Bay to Bay Podcast! Leslie is the Chief Economist for the California Association of REALTORS. I’m a huge fan, and I have been listening to and watching Leslie’s forecasts on the California rea
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I am beyond thrilled to welcome Leslie Appleton-Young as my guest for the 44th episode of the Bay to Bay Podcast! Leslie is the Chief Economist for the California Association of REALTORS. I’m a huge fan, and I have been listening to and watching Leslie’s forecasts on the California real estate economy for years. Many of the facts and figures I give my clients and share on my web sites come from information I gleaned listening to Leslie, so it was a huge honor for me to have her on the podcast. In this episode, we discuss:



* What is economics exactly, and what she loves about it so much.* The relationship between the federal funds rate and mortgage rates ,and why they may not move in lockstep.* Why housing in California is so unaffordable and what an economist would say is the solution.* What work goes in to making her trademark real estate market forecasts* What key metric home owners and REALTORS should look at to see which way the market is headed* The possibility of a recession in California or the USA in the next 1-2 years* The prospects for “blue collar” job wage growth in California* Why the number of homes being sold in California is today so far below historical norms* Is California currently in a housing bubble?* What would cause a home price correction? * The affects of the Trump tax plan on California home prices



Watch Leslie Appleton-Young’s 2019 Mid-Year Update
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