April 2017

Found 1 blog entry for April 2017.

In mid-February the California Economic Forecast Project conducted a 2017 Economic Review at Santa Barbara’s Fess Parker Resort. During the conference predictions were laid out for years 2017 through 2021 with regard to South Santa Barbara County’s housing market. It was pointed out that relying on historical performance to predict future direction is ineffective in today’s fast-moving economy, especially in view of regime changes and global influences. Demand for homes by consumers, supply of new homes, and statewide economic growth are all factors that the project says are considered in its forecasting.

With regard to the 21 principal counties in California the project has unanimously forecasted that all of the markets will have home price gains over

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