I ran across this very interesting analysis of the California real estate market by Goldman Sachs this weekend (PDF alert!). It is the author’s contention that in the past, changes real estate prices could be explained by two factors: disposable income and interest rates. They then go on to demonstrate, as shown below – how…
Fortune: Price-to-Rent Correction Forecasting
Over at the Baltimore Housing Bubble blog, site contributor Kevin has an interesting post up about a recent article in Fortune Magazine. This months edition of Fortune Magazine (November 12, 2007) had a great article on housing called How Low Can They Go? by Shawn Tully (no online link available yet, but I’ll modify post…
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A Dose of Reality from the Everett Herald
I picked up this article off of The Housing Bubble this morning and thought it was worthy of a blog post. This is probably the least rosy depiction of the local real estate market I have seen from any of our local MSM outlets in the past few years. Selling a house? What to do now With…
Protecting Our Assets From a Tanking Dollar
As I’m sure you all know by now, yesterday the Federal Reserve cut the benchmark interest rate again. While this move will no doubt feed the false hope for a speedy end to the housing slump, there is likely nothing the Fed can do that will stop the bubble from deflating. However, when I step…