So, please keep that in mind. I guess what I'm trying to say isn't just think of the source, but think of where you are in relationship to where the source is and where the source is reporting about.
The entire country is very different than California. The Northern Cal communities are certainly different from the So Cal ones. San Fernando Valley is very different than the Los Angeles basin. And, my favorite little community, Santa Clarita Valley, is different yet again.
Let's say you read an article about inventory and think 'Wow, why is it so hard to find a home in Valencia?' Your article may be discussing all of California.
Pricing, inventory, time on market, is very area driven. Always has been, always will be.
We're still sitting at about 1/2 of what we would consider normal inventory levels, yet they are twice what they were just a couple of years ago.
I could go on and on. Just wanted to make sure that whatever studies you are reading, that are revealing information to you? Make sure it is validated by locale, and best by a local agent.