1. New
     2. GDP
     3. About Me
    
     4. NAR - NAHB
     5. Resale
     6. Case Shiller
     7. Field Visits
    
     8. Home Medians
     9. Foreclosures
    10. The Fed Knows
    11. Builder Sales
    
    12. FHFA Tracker    
    13. Census Bureau 
    14. Population And
        Housing
    15. Construction Boom
    
           FHFA 
      Appreciation 
          Tracker
            San Diego 
           Sacramento
          Los Angeles
         San Francisco
    
          Minneapolis
       Chicago  Detroit
    
         Miami  Raleigh
       Atlanta  Sarasota
    
       Seattle  Portland
      Honolulu  Anchorage
    
           Las Vegas
        Denver  Phoenix
        
        Dallas  Houston
    
         Philadelphia
         Washington DC  
        Boston  New York
      
       Lincoln  Memphis
    
         Myrtle Beach
       Roanoke  Gulfport
    
          Burlington
        Atlantic City
    
      Prescott  Boulder
     Casper  Bend  Duluth
    
        AZ-CA-NV-OR-WA
        CO-ID-MT-NM-UT
    
        CT-MA-ME-NH-RI 
        MD-NJ-NY-PA-VA
    
        IL-MI-MN-MO-WI
        IA-KS-ND-NE-SD 
        IN-KY-OH-TN-WV
    
        AL-FL-GA-NC-SC  
        AR-LA-MS-OK-TX
    

     Case Shiller 
     Indices
    
    West  South 
    Midwest  Northeast
    

       Home Median  
    Trackers
    
    Minneapolis
    Washington DC
    
    Las Vegas
    Boise  Sacto
    Atlanta  Phoenix
    California - DQ  CAR
    New Jersey
    North Carolina
    
    Colorado
    Massachusetts
    
    Ohio  Texas  Utah
        
     Florida  Hawaii  
    Michigan  Illinois
    
    Maryland  Virginia
     Wisconsin  Washington
    
    NAR Tracker
    

     Construction 
    Boom
    
    Texas
    Florida  Arizona
    
    Atlanta  Raleigh
    
     San Diego
     Los Angeles
     San Francisco
    
     Denver  Las Vegas
    
     Washington DC
     New York City
    
     Chicago
     Minneapolis
    
    Other Markets
    
    The Community Matrix
    

     Field Visits 
    
    Houston, TX
    Las Vegas, NV
    
    Billings, MT
    Portland, OR
    
    Chino, CA
    Sacramento, CA
    
    San Ramon, CA
    Brentwood, CA
    San Francisco, CA
    

     The Fed Knows 
    
      Housing Valuation 
      Home Mortgages   
      REI As % of GDP
      Housing vs GDP
      US Public Debt 
      Equity vs Mortgage 
      All In One Graph... 
    
    Housing Bubble Busted !!!!!!!!!! 
    Housing Crashes !!!!!!!! Dec 2010 : The second leg down in housing has started. Data updates will now mostly serve as a reference.
         
         Year 2002 : $300K ----> Year 2005 : $600K ----> Year 2010 : $200K

           **** The Housing Bubble Graph ****
    
                 **** The Houston Model ****
    
                   **** Excess Housing ****
    
          Are you thinking this is what is going to happen? 
    You have come to the Right Place.
    During the last housing downturn, the Housing Market Index fell 40 points from a peak of 60 in Dec 1988, bottommed out at 20 in Jan 1991, over 25 months. In this downturn it has breached that support level by falling to 18 in Oct 2007. It will continue to head lower in the coming months. How low will HMI go this time? Of the 381 MSA's In OFHEO's 2008-Q1 report, 263 posted year over year increases, while 118 showed year over year decrease. Washington DC, Miami, Detroit, Phoenix, Orlando, Los Angeles, Tampa, Oakland, San Diego, Fort Lauderdale, West Palm Beach, Las Vegas and Sacramento were the major metros in a list of 53, that posted HPI declines of five percent or more from the previous year. New Orleans, New York, Boston, Cleveland, Nassau, Minneapolis, San Francisco, San Jose and Providence were the major metros to post year over year declines of less than five percent in a list of 65. Phoenix, Chicago, Seattle and Salt Lake City were the major metros that posted declines from the previous quarter in the list of 161. The Purchase Only Index for California is down 23%, Nevada is down 20%, Arizona 10% and Florida is down 14.6% from peak. Per Census Bureau, In the Fourth Quarter of 2008, there were 130.8 Million Homes in the US. Of these, 18.9 Million were Vacant. That is a whopping 14.4% of all US Homes were sitting empty. 12.2% in the North East, 13.5% in Mid West, 16.8% in South and 13.3% in the West. Is this The Right Kind of Asset to own as Investment? Most of these vacant homes will be put up for sale, once prices start to come down. After all these are investments. The number of New Homes for sale in all stages of construction was 454K at the end of Apr 2008. But only 47K New Homes were sold in that month. The Median Price of New Home rose to 246K in Aug 2007, from 242K in Apr 2007. The number of completed new homes for sale stood at 181K in Apr 00. With an average price of 321K, that is 58.1 Billion Dollars worth of inventory, Home Builders were carrying in that month. Construction started on 92.4K New Homes in the same month. What does this glut of New Homes mean? Is the "demand" for housing different from "need" for housing? Per NAR, the Number of Existing Homes for Resale stood at 4.55 Million in Apr 2008.
       4/10/05 : Have Californians Gone Crazy?
    
       6/13/05 : Will The 1992 So Cal Recession Be Repeated?
      12/20/05 : Is Another Depression On its's Way?
    
       3/16/06 : Dollar Collapse - Housing History : Is it 1986 or 1929?
    
        7/3/06 : Asset Deflation, Goods Inflation
     
        8/7/06 : ACS - Housing Vacancy Rates
    
       8/25/06 : UHaul Index - California  North East  Mid West  Florida
    
        9/4/06 : Census Bureau - Internal Migration
    
        9/5/06 : Jas Jain - Peak Debt
    
        1/8/07 : How Many Realtors Do We Need?
    
       1/10/07 : Inflation Or Deflation Ahead?
    
       1/24/07 : Census Bureau - Construction Spending   Home Improvement
    
       2/15/07 : What Happens In Vegas, (Not Always) Stays In Vegas
    
        3/6/07 : Census Bureau - Completed Unsold New Homes
    
       3/26/07 : New Homes - Lot Size   Home Size   Price Per Sq. Foot
    
       4/11/07 : "Realtor Free" Real Estate
    
       4/16/07 : Bursting Of Housing Bubble Will Bring The Modern 1930s
    
       5/21/07 : New Housing By Purpose - Starts  Completions
    
       9/10/08 : Zillow - Real Estate Market Reports
    
      Finally...
    
       3/23/07 : .... And Two Years Later The Bubble Has Busted
    
      New...
    
      12/18/09 : Interview with Mortgage Calculator
    
      Also Visit : Paper Money   Dollar Collapse   iTulip   Shadow Stats
                   Roubini's Blog  KWaves  Mish's Blog
    
      Bubble News : The Bubble Times    eFinance    Patrick.net
    
         Per Census Bureau, between 2000 and 2006 San Francisco Bay Area 
      added 116K new residents, while 128K new housing units were built. 
      Greater Boston area added only 53K new residents but 58K new
      housing units were built in the same period.
    
         Send comments/suggestions to  
    
            Real Estate Heat Maps For Cities : Zillow.com
            Resale Inventory By Markets : Housing Tracker   Paper Dinero
            UK's Housing Bubble : HousePriceCrashUK.com
    
            Richard Freeman : U.S. Real Estate Bubble Nears Its End (PDF) 
    
    
    
    Census Bureau
    Housing Data
    
    New Homes
    
    Construction
    Completed
    Being Built
    Starts  Permits
    
    Sales
    Sold
    For Sale
    Sold By Price
    Prices   Supply
    Land Auctions Texas
    
    Existing Homes
    
    Vacant
    Inventory
    
    Ownership Rates
    For Sale And Rent
    
    Rental Vacancy
    Home Owner Vacancy
    
    Median Asking Rent
    Median Asking Price
    

           GDP         
    
    Growth Rates
    Structure Investment
    
    Historic
    Great Depression
    
    Past Recessions
    1991   1981
    2001   1975
    

      Foreclosure 
    Tracker
    
    AZ-CA-NV
    FL-GA-TN
    CO-TX-UT
    NY-NJ-PA
    IL-MI-IN-OH
    
    California
    Reports - 2005 2006
    

      Resale 
     Inventories  
    
    Mid West
    California
    
    South West
    South East
    
    North East
    North West
    

     Home Builder 
     Sales
    
    DR Horton
    Pulte   Lennar
    
    KB Homes 
    Centex   Beazer
    
    K Hovnanian
    MDC Holdings
    Toll Brothers
    
    WCI  Ryland  NVR
    
    M/I Homes
    Standard Pacific
    Dominion   Meritage
    

      NAR - NAHB  
    
    Prices
    For Sale
    PHS Index
    Sales  Supply
    
    Wells/Fargo HMI
    

     US Inflation Rates
    
     Census Defined MSAs 
    
     Metro Area Maps
    

    About Me
    
     Name : Somesh Gaur   
     From : Reno, NV      
    

    Latest Posts:
    
     What Happens When the Housing Bubble Bursts? A Landlord’s Survival Guide   
    
      Population
           And  
        Housing 
     
         Major MSAs
      2000-2009 Change
    
      Growth Rates
        Major Metros
        All States
        All MSAs
        All Counties
    
      Capita Per Housing 
        Major Metros
        All States
    
      City By City
      Population Changes 
        Major Metros
        All MSAs
    
       Top 100 Counties
    
      Cities Over 100K
        2000-09 Est.
        2000-09 %Chg
        2008-09 %Chg
    
      Household Size
        Major Metros
        All States
    
      Pop By Race
        Major Metros
        All States
    
    [email protected]