These professors rank today’s home pricing relative to the long-term trend for each metro area.
San Diego’s 24.75% premium only gets us ranked #62 in the nation!
Here are the Top 100:
https://business.fau.edu/executive-education/housing-market-ranking/housing-top-100/index.php
Kelly keeps getting world-wide attention on the Crescent House:
https://www.cnbc.com/2022/05/09/inside-the-23point5-million-house-that-may-break-local-california-record-.html
That curved purple line is probably previous inflation. Run this again with current inflation and get a far different answer.
I find no value in this “analysis.”
I’m just glad we’re in the middle so people don’t get alarmed.
None of these ‘expert’ opinions amount to much, especially compared to what you see on weekend afternoons.
Jim,
Do you remember the days when you’d make a post like this one and you’d get 20-30 replies? I remember those days and I really miss them.
Have you considered setting up shop as a Facebook Group? I setup a Facebook Group for my Class of ’71 reunion on the East Coast. I’m really surprised how much traffic I get with no marketing costs. Btw… we never had our 2021 reunion. Mostly politics. Both internal and national. We’re going to try again in 2023. I’m from PA and the national politics run thick in PA.
Facebook Groups are really easy to setup and maintain. No high-paid consultant needed. And you have total control of the postings. You can delete any posting you don’t like. And as a recipient of your delete button many times, I quit posting at your website.
sushibroker
The idea of having more discussion sounds great, but it turns negative so quickly that it isn’t worth creating a bigger forum for it.
Because it is anonymous, people think they can say anything they want. They’re not searching for the truth – they want to bash others.
If there was a way to have constructive discourse about the issues at hand, then it would be interesting. But you would have to end the anonymous part to stop the hating.
I guess at Facebook group would be non-anonymous but bubbleinfo has been on Facebook for several years and never built any audience. I don’t want to start over.