Market Updates

CALIFORNIA ECONOMIC & HOUSING OUTLOOK

May 12, 2020

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Its not all bad news!

I would like to share C.A.R.’s (California Association of Realtors) Research & Economics department has released its updated Economic & Housing Outlook, which touches on how COVID-19 is impacting the housing market, future outlooks and scenarios, and resources for members. I thought this was worthwhile sharing with everyone hopefully you understand the data is ugly but there is light at the end of the tunnel so keep things positive. The media will take this and blow it out of proportion so be prepared.

CAR update Economic & Housing Outlook SW Riverside County Real Estate Temecula Valley Real Estate

tomo92596

A resident of the Temecula area since 2003, Tom has been an active real estate agent since 2004. He has consistently been ranked in the top 5% of sales production in the Temecula market, and has produced over $80 million in career volume. He and his wife Maria have raised three children in the Temecula area with all three graduating from Chaparral High School.

When not listing real estate, selling real estate, or writing about real estate, Tom is trying to keep up with his grandson on their bikes, playing sports, learning Guitar, or trying to knock the rust off of his tennis game. Over the years he has coached hundreds of youth soccer, basketball, baseball teams. He was most recently coaching his grandsons pony baseball team.

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