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
15. Construction Boom

        San Diego 
      Los Angeles
     San Francisco

   Chicago  Detroit

     Miami  Raleigh
   Atlanta  Sarasota

   Seattle  Portland
  Honolulu  Anchorage

       Las Vegas
    Denver  Phoenix
    Dallas  Houston

     Washington DC  
    Boston  New York
   Lincoln  Memphis

     Myrtle Beach
   Roanoke  Gulfport

    Atlantic City

  Prescott  Boulder
 Casper  Bend  Duluth





 Case Shiller 

West  South 
Midwest  Northeast

   Home Median  

Washington DC

Las Vegas
Boise  Sacto
Atlanta  Phoenix
California - DQ  CAR
New Jersey
North Carolina


Ohio  Texas  Utah
 Florida  Hawaii  
Michigan  Illinois

Maryland  Virginia
 Wisconsin  Washington

NAR Tracker


Florida  Arizona

Atlanta  Raleigh

 San Diego
 Los Angeles
 San Francisco

 Denver  Las Vegas

 Washington DC
 New York City


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


   3/23/07 : .... And Two Years Later The Bubble Has Busted


  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

Being Built
Starts  Permits

For Sale
Sold By Price
Prices   Supply

Existing Homes


Ownership Rates
For Sale And Rent

Rental Vacancy
Home Owner Vacancy

Median Asking Rent
Median Asking Price


Growth Rates
Structure Investment

Great Depression

Past Recessions
1991   1981
2001   1975



Reports - 2005 2006


Mid West

South West
South East

North East
North West

 Home Builder 

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  

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      

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