“Just when the real estate market is showing some signs of life after five years of declines and stagnation, the California Legislature could take it off life support.

“The S&P/Case-Shiller 20-city composite index gained 1.3 percent, with 19 out of 20 cities registering gains,” the financial website MarketWatch reported Tuesday. However, prices still were off 1.9 percent from a year ago.” (Orange County Register, June 27, 2012). Read the editorial here.