According to Mark Schniepp’s California Forecast: Unemployment rates are falling, employment and income are rising, and housing markets are rebounding nearly everywhere. Despite sequestration, high gasoline prices, higher taxes in January, and a sluggish manufacturing sector, the economic indicators to date are generally moving in a positive direction.

So, what’s next?

Housing will be a key factor in the growth of the economy
next quarter and for the remainder of 2013. It should be
especially important in California.

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