Daily Real Estate News, December 17, 2010
The University of San Diego's 11th annual residential real estate conference this week was focused on jobs and how unemployment is preventing people from buying homes.
Leslie Appleton-Young, chief economist at the California Association of REALTORS®, said, "Jobs are really the key. That's where the focus needs to be."
University of San Diego economist Alan Gin said companies of all sorts, including those in the real estate industry, are poised to expand. “They’re waiting for signs that the economy is firming before jumping in,” he said.
Source: The San Diego Union-Tribune (12/15/2010)
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