Description

In this solo episode of Local Living Tri-City, I’m breaking down the most important takeaways from the Southwest Regional Economic Forecast hosted by the Temecula Valley Chamber of Commerce. Led by economist Dr. Robert Kleon, this forecast gives us a clear, data-backed view of what’s happening across the U.S., California, and right here in Riverside County.

From job growth and inflation to mortgage rates, housing inventory, and affordability, I’ll walk you through the numbers and explain what they mean for homeowners, buyers, investors, and local leaders.

Whether you’re considering a move, analyzing the market, or making long-term plans for your family or business—this episode will give you clarity, strategy, and a grounded view of what’s ahead.

Key Takeaways:

• U.S. economy is resilient but cautious: job growth is up, inflation is down
• Mortgage rates eased slightly to 6.67%, but still impact affordability
• California added jobs but lags national growth—yet remains the 4th largest global economy
• Inland Valley remains more affordable than coastal CA—but affordability is still tight
• Murrieta issued over 500 housing permits; Temecula home prices are up 6.9%
• Only 20% of Riverside County households can afford a median-priced home
• Population is growing, but 60% of locals still commute out of the area
• This region is growing—but smart infrastructure and housing policy are key

Timestamps:

00:00 – Welcome + why this forecast matters

01:30 – U.S. economy: growth, inflation, interest rates & stock market

04:30 – California economy: job growth vs. affordability challenges

07:00 – Temecula Valley-specific trends: jobs, permits, housing & migration

10:15 – Inland Valley housing market update: pricing, sales & affordability

13:30 – What buyers, sellers & city leaders should take away from this data

16:00 – Final thoughts + why this is a moment for long-term planning

Whether you’re buying, selling, or just trying to make smart long-term moves for your family or business—this episode gives you the facts you need to feel confident in uncertain times.

Want a copy of the full regional forecast? Or want to chat through what this means for your next real estate move? Message me anytime—I’d love to connect and help you plan ahead.

Learn more about Liz Jones:

Website: https://www.jonesrealtysocal.com/

Linkedin: https://www.linkedin.com/in/jonesrealtysocal/

YouTube: https://www.youtube.com/@lizjonestricityrealestate

Instagram: https://www.instagram.com/jonesrealtysocal/

Facebook: https://www.facebook.com/KWLJONES/

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