No bubble: Chapman forecasts mild housing rebound for Orange County

Dr. James Doti the former president of Chapman University. (STEVEN GEORGES, CONTRIBUTING PHOTOGRAPHER)
Chapman University economist Jim Doti sees no housing bubble to burst in Orange County.
Yes, countywide homebuying since last summer has run at its slowest pace since 2012. But Chapman’s semiannual economic outlook suggests the county’s housing market will enjoy a mild recovery as 2019 progresses.
Doti’s logic may surprise many people.
For starters, he explains that local hous