The Houston Model © - Major Metros 

<< Back Home                                             Created : Aug 30, 2006



                     Let's take the next step of plotting the Graphs for some of the other Major Metros
                 and see what they look like.


                
                     The Graphs start at an assumed HPI of 100 in 1976 for all.







      << PREV

         Having seen how high other Metros have gone, we are now  ready to churn
     out some numbers for overvaluation.

         On the previous page we found :

         Houston's Graph in 2005 is at 274.61

         This will be our Upper Limit of Ideal Pricing in the Houston Model ©.

         Houston Line meets 2005 at 216.36
 
         This will be the Lower Limit of Ideal Pricing in the Houston Model ©.

         Using these two limits, we will calculate the Overvaluation of some of
     the Major Markets for which HPI data is available.
Metropolitan Area 2005 HPI
(Avg)		 Over Valuation
Lower Limit
(274.61)		 Upper Limit
(216.3)
US 553.45 50% 61%
Houston 274.61 0% 21%
San Francisco 1,273.75 78% 83%
Atlanta 421.89 35% 49%
Chicago 553.76 50% 61%
Los Angeles 1,089.94 75% 80%
Miami 715.64 61% 70%
New York 1,032.19 73% 79%
San Diego 1,090.8 75% 80%
Seattle 900.66 69% 76%
Washington DC 757.02 63% 71%
Detroit 530.99 48% 59%
Minneapolis 588.44 53% 63%
Dallas 362.44 24% 40%
Boston 1245.66 78% 82%
Las Vegas 569.93 52% 62%
Phoenix 625.57 56% 65%
Legal Disclaimer : This is NOT Investment Advice, and should not be construed so. This is for entertainment and informational purposes only. 
 ______________________________________________________________________________

Copyright © 2005 by Author. This material may be distributed only subject
to the terms and conditions set forth in the Open Publication License.