Southern California’s economy is beginning to gain strength, although local residents may not feel the benefits for many months, according to a forecast to be released Wednesday. Regional employers will be slow to rehire. The housing and construction industries are struggling, and tight credit is crimping consumer and business spending.
Southern California economy is beginning to gain strength
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NAR settlement terms slated to go into effect in mid-August
In a letter to members on Friday, NAR chief legal officer Katie Johnson outlined the policy changes that are coming into effect in August.