Californian,s Moving Out !!!
LISA NAPOLI: Today we get word from the National Association of Realtors on how many existing homes sold across the nation in July. The numbers are likely to show a continued softening in the housing market. In parts of California, home sales have already fallen an average of 29%. Jeff Tyler looks at one possible reason for the dip.
——————————————————————————–JEFF TYLER: For decades, pop music has touted California as THE destination.
[ Song: “Going to California, bye-bye Sue. . .” ]
But California dreamin’ and California reality are very different things.
[ Song: “I got the California blues.” ]
A study produced by the moving company United Van Lines shows that in 2005 and the first half of this year more Americans checked out of hotel California than checked in.
Foreign immigration continues to bulk up California’s total population, but United Van Lines spokeswoman Jennifer Bonham says domestic patterns reflect a demographic reversal.JENNIFER BONHAM: “It’s been […]
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