California's Next Housing Bubble
The next housing bubble is forming in California. That is not to say that a collapse in home prices is imminent. Bubbles take years to form before they pop. Prices began accelerating in California in early 2000 but the bubble didn't burst locally until December of 2005. On a statewide basis, California's housing bubble didn't burst until 2007. ...
More on the housing bubble ...
Buy vs. Rent Calculator
The link below from Realtor.com lets you compare the cost of buying versus renting. Simply insert the cost of the home and the of rent and press the "Calculate" button. There is also an advanced feature that allows you to adjust the interest rate, appreciation rate, cost of insurance and etc.
Buy vs. Rent Calculator
Affordable Housing Crisis: Causes & Cures
The reason California home prices and rents are so high in some areas has been well documented in reports published by an assortment of organizations including the Federal Reserve Bank of New York (FRBNY), the State of California's Legislative Analyst's Office (LAO), the Cato Institute and the Independent Institute. To summarize these reports, the lack of affordable housing results from ...
More on housing affordability
Fannie Mae's Housing Price Sentiment Indicator
Fannie Mae conducts monthly surveys of 1,000 households. Among other things, it asks respondents;
1. Is it a good time to buy?
2. Is it a good time to sell?
3. Where do you see home prices going?
4. Where do you see mortgage rates going?
5. Are you concerned about losing your job?
6. Do you expect changes in household income?
This is one indicator of where people think the market is going
See Fannie Mae's HPSI chart ...


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