LOOKOUT PM: What will the June housing market swoon mean?

By Mark Conley

Source: Lookout Santa Cruz

Happy Tuesday evening, Santa Cruzans

For once, let’s get straight to the headlines of the day ...

Did we see a market correction in June?

Record home price escalation hits pause — at least for a month: The median price in Santa Cruz County for single-family homes dropped to $1,175 million in June, down from $1.3 million in May — nearly a 10% drop month over month. Was it just a blip or a sign of things to come? More from Lookout contributor Maria Gaura here.

‘Coronasomnia’?

Thanks to the pandemic, we now also have ‘an epidemic of sleep deprivation’: A majority of Americans say they’ve been having trouble sleeping since the start of the pandemic. Fixing that, experts say, won’t be easy. “Stress can lead to chronic insomnia, and chronic insomnia can take on a life of its own.” More from the LA Times’ David Lazarus here.

A closer look at charity & politics

California elected officials would have to disclose their connections under proposed rule: After a year-long wait, the state’s campaign finance watchdog has a proposal to require elected officials to provide more information on special interest donations to their nonprofits. More from CalMatters here.

Latest ‘menstrual equity’ bill would require California’s public colleges to provide period products

‘Period poverty’: A bill pending in the Legislature would require California’s public universities, community colleges and secondary schools to provide free menstrual products on campus. Students pushing for the bill say they are trying to break through taboos surrounding a matter of basic hygiene, and that many low-income students suffer from “period poverty,” in which they are unable to afford the pads and tampons they need. More from CalMatters here.

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See you all again tomorrow.

Mark Conley
mark@lookoutlocal.com