Top Five Housing 'Bubble' Cities
1 July 2002 - 8:00am
A new index called the The Housing Cycle Barometer identifies metropolitan areas with overpriced housing markets.
"[The] Housing Cycle Barometer [index] shows that 17 metropolitan areas are currently overpriced, while 24 areas are not. Home prices have appreciated to levels that cannot be sustained in the San Francisco Bay area, San Diego and Denver, to name a few. Conditions are drastically different in Las Vegas, Riverside-San Bernardino, Calif., and Dallas, where historically low mortgage rates have more than offset price increases to create some of the best home buying conditions in the past 21 years. Homes are fairly priced in Los Angeles, Sacramento, Calif., and Phoenix."
Full Story:
The Housing Cycle Barometer
Source:
Housing Zone, July 1, 2002
»
- Login or register to post comments
- Email this page
- The Fleeting American Dream - Mar 17, 2010
- Green Features Aren't Selling Houses - Mar 15, 2010
- Ghetto-ization: Avoiding the Pitfalls of Density - Mar 15, 2010
- Exurbs Will Rise - Again - Mar 10, 2010
- Interview With 'Sustainability Czar' Shelley Poticha - Feb 25, 2010
“
Perhaps it's no surprise that a transportation system created in the interstate highway era would tilt toward new road capacity. Few deny it works that way.
”




















