Do Local Home Prices Warrant a Bubble Watch?
As home prices continue to rise throughout most of the nation, sooner or later people begin to wonder whether we’ve crossed the threshold dividing undervalued from overvalued. Pundit shorthand for...
View ArticleDo Today’s Home Prices Reflect Values…or Bubbles?
Over the past two years any upward movement in area home prices tended to raise a question in many local minds—a question that ends with the word ‘bubble.’ As with any commodity whose price is...
View ArticleHouse Prices May be Rising—but not Bubbling!
The previous decade’s burst of the real estate bubble, with its plummeting local house prices and accompanying economic dislocations, made a lasting impression. For most homeowners the damage was...
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