Author Archives for Selma Hepp
About Selma Hepp
Selma Hepp is Pacific Union's Vice President of Business Intelligence. Her previous positions include Chief Economist at Trulia, senior economist for the California Association of Realtors and economist, and manager of public policy and homeownership at the National Association of Realtors. She holds a Master of Arts in Economics from the State University of New York (SUNY), Buffalo and a Ph.D. in Urban and Regional Planning and Design from the University of Maryland.
July 20, 2018
Although California created the fewest number of jobs in June since the recovery began eight years ago, the state's employment picture remains very solid. Pacific Union Chief Economist Selma Hepp offers her take on the latest job-market numbers for California, the Bay Area, and Los Angeles.
July 19, 2018
Bay Area home prices rose by 16 percent year over year in June, while inventory continued to decline. Pacific Union Chief Economist Selma Hepp offers an in-depth analysis of the latest local home sales activity and market conditions.
June 19, 2018
California continued to create jobs in May, with the unemployment rate remaining at an all-time low. Pacific Union Chief Economist Selma Hepp offers her perspective on the latest employment trends in California, the Bay Area, and Los Angeles.
June 12, 2018
Strong year-over-year home price appreciation continued in the Bay Area in May, pushing the median sales price to $1 million. Pacific Union Chief Economist Selma Hepp offers an in-depth analysis of the latest Bay Area real estate market conditions.
June 1, 2018
The U.S. economy created more than 220,000 new jobs in May, while wages posted strong growth. Pacific Union Chief Economist Selma Hepp offers an analysis of today's U.S. jobs report.
June 1, 2018
Pacific Union Chief Economist Selma Hepp examines historic mortgage rate trends and forecasts where rates might settle.
May 22, 2018
California's unemployment rate fell to a new record low of 4.2 percent in April, with employers adding 39,300 jobs during the month. California has now gained nearly 3 million jobs since the economic expansion began in February 2010, according to Pacific Union Chief Economist Selma Hepp.
May 10, 2018
The Bay Area's median home sales price neared $1 million in April, with the region once again posting double-digit percent annual appreciation. Get Pacific Union Chief Economist Selma Hepp's in-depth perspective on the latest market data.
May 8, 2018
California's gross domestic product climbed to $2.75 trillion in 2017, moving the state up the list of the world's largest economies. Pacific Union Chief Economist Selma Hepp weighs in on the numbers.
May 4, 2018
The U.S. unemployment rate fell to the lowest level in almost 18 years in April. Pacific Union Chief Economist Selma Hepp breaks down the latest numbers and trends.
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