3 signs of sunshine for California real estate

Multiple offers, low inventory for some property types bodes well for recovery

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

On Sept. 21, Leslie Appleton-Young, vice president and chief economist for the California Association of Realtors, spoke to a packed house about her latest economic forecast.

There’s no shortage of bad news in Appleton-Young’s forecast; however, there are some definite rays of sunshine that indicate the dreadful market that California and the rest of the country have been experiencing may be on the upswing.