Many View from Silicon Valley subscribers have expressed interest
in tracking local, regional and national housing prices. Regardless if you're a buyer, seller, owner, landlord
or renter, the ramifications of the trend changes, if any, over the next weeks, months and years are obviously significant.
An associate sent the link below. I found the .pdf on housing to
be very interesting. As I read it, the authors make a big part of their living in real estate which suggests
they are not bearish by nature.
This paper quantifies the "range compression" we have
been pontificating on and has up-to-date data not seen elsewhere.
The report is 65 pages with lots of tables, graphs and charts. Despite
the size of the report, the actual reading is very do-able and I highly recommend it. Or, you can just skip to
the portions of the graphical data which interest you. (I graduated from college near Lansing, MI, so even
this info caught my eye...)
For my California subscribers, see the chart on page 24 then
additional California-specific info beginning on page 37.
Please accept the link
below with my compliments. I will be interested to hear any feedback you may care to lend: