I posted this over at thehousingbubble blog in a discussion about bubble cycles. Thought you all might be able to help, or forward to someone who can-thank you:
What I wish more analysts/historians/economists would speak to is the speed and volume at which houses were bought and sold during the 80s/90s vs. now. (stats anyone)? Given the rise of technology and fall of lending standards in this current bubble, this mania seems far more maniacal, but it would be interesting to have numbers to back it up.
The uptrend in the OFHEO HPI has continued thru the 2nd and 3rd quarters of 2005. See my website which has sortable HPI by Metro Area for the past 5 Quarters.
No national housing bubble, right AG?
I posted this over at thehousingbubble blog in a discussion about bubble cycles. Thought you all might be able to help, or forward to someone who can-thank you:
What I wish more analysts/historians/economists would speak to is the speed and volume at which houses were bought and sold during the 80s/90s vs. now. (stats anyone)? Given the rise of technology and fall of lending standards in this current bubble, this mania seems far more maniacal, but it would be interesting to have numbers to back it up.
Terrific work, but pay attention to those long term interest rates. Wow.
Another "accident" hits California housing...
This multi million dollar disaster happened with only a slight nudge....wait until the bigger "nudge" hits....
The uptrend in the OFHEO HPI has continued thru the 2nd and 3rd quarters of 2005. See my website which has sortable HPI by Metro Area for the past 5 Quarters.
http://www.existinghomesales.info/hpi.html