Economic Models for Home Prices

[profette_IHB]

The New York Times asked economists across the country to share the data they use to figure out how much houses in regional markets are overvalued, a calculation that approximates where the bottom may be. Linky

 

[Anonymous_IHB]

I found it strange that that article made no mention of the Case-Schiller graphs

http://macromarkets.com/csi_housing/MSA/los_angeles.asp

 

[acpme_IHB]

the article is discussing forecast models. case-shiller is an index.

 

[freedomCM_IHB]

That Moody's model must place more emphasis on vacation home demand rather than wages in order to say that LA is only 9% overvalued!