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Bubble Watch: Investors are 51% of Southern California’s Home buying Surge

Bubble Watch: Investors are 51% of Southern California’s Home buying Surge

By Jonathan Lansner “Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead. Buzz: Half of Southern California’s homebuying surge this summer can be tied to a big jump in the purchasing pace by investors. Source: My trusty spreadsheet reviewed Redfin estimates of investor activity locally and in 40 major metropolitan areas in the third […]