Bruce Norris is joined again this week by Selma
Hepp. Selma is the senior economist for
the California Association of Realtors, a statewide trade organization with
more than 100,000 members dedicated to the advancement of professionalism in
real estate. Selma directs the
activities of the association’s research and economics group. She oversees the research and analysis of
housing markets and economic trends, member and consumer surveys, and the
impact of real estate related regulatory and legislative policies. She earned her Masters degree from SUNY in
Buffalo and a PhD from the University of Maryland. Bruce and Selma discuss immigration, household formation, affordability and percentage points, first-time home buyers, the amount of single people who now own households, the demand brought in by the 2009 tax credit, default rates, and much more on this week's real estate radio show and podcast.
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