08/11/2020
If you're curious to know how this pandemic and economic recession is going to influence our future real estate market in the Southern California area markets, here is some interesting reading: https://www.keepingcurrentmatters.com/2020/06/10/is-a-recession-here-yes-does-that-mean-a-housing-crash-no/?utm_campaign&utm_medium=social&utm_source=Facebook&utm_content=DailyBlog
No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals, cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein.
On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession.