In my perusals of real-estate blogs this morning, I ran across a link to Housing Predictor, a site which has recently published a forecast for the top and worst performing housing markets in 2008. Housing Predictor describes their business as follows: We examine more than 20 micro market characteristics in each market place, including income…
Tag: predictions
Are Bubble Bloggers a Stopped Clock?
Now that the real estate market in Seattle is finally showing undeniable signs of reversing direction (read: declining median prices), it’s interesting how the tone of some real estate professionals’ comments regarding this site (and others like it) are changing. Seattle Bubble was started in August 2005, during a time when the “common knowledge” among…
Doom and Gloom, Stereotypes, and Predictions
I’d like to take a little time to address a few things that keep coming up here and elsewhere in online real estate conversations that are starting to bug me. So that’s what I’m going to do. Doom and Gloom Apocalypse Fun Time First up is the incessant refrain that anyone predicting a decline in…
Washington Real Estate: 40% overvalued?
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…