Thursday, May 6, 2010

Leslie Appleton-Young of CAR #173

This week Bruce Norris is joined by Chief Economist with the California Association of Realtors, Leslie Appleton-Young.

Bruce and Leslie discuss the the history and current situation of the California media real estate price metric, looking back at problems leading up to the crash, strategic defaults, new deed-in-lieu of foreclosure program, distressed sales to regular sales ratios, real estate bulk buys, the state of the construction industry and building, demographics, and unemployment impacts.

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