Monthly Archives: January 2007

Quarterly Market Update by Maureen Megowan

1. Sales activity in the  real estate market for the Palos Verdes Peninsula and the South Bay continued to slow during the 4th quarter of 2006 compared to the prior year. For the Palos Verdes Peninsula, 125 condos, townhomes and single … Continue reading

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UCLA Anderson School Economic Forecast

In its fourth quarterly report of 2006, the UCLA Anderson Forecast refuses to join the growing chorus of experts predicting a recession. The Forecast notes in particular that, “manufacturing is not poised to contribute much to job loss,” and, “real … Continue reading

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Interest Rate Update from HSH Associates

Excerpts from HSH Associates newsletter for the week ended January 12, 2007: After declining to fourteen-month lows in December, mortgage rates rose about an eighth percent, but seem to have found at least a temporary plateau. The national average for … Continue reading

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