Housing & Real Estate Economics

Home Sales Index News
Humboldt County Outlook for 2008, March 31 (PowerPoint)
March 12, 2008 panel discussion on the economy with HSU Economics facutly and students (mp3)
Listen to the October 5, 2007 KHSU radio interview with Prof. Eschker about subprime and housing issues (mp3)

Seasonally Adjusted Housing Index
Median House Price
Inflation-Adjusted House Prices 1989-2008
Annual House Price Appreciation 1990-2008
Foreclosures, 1989-2008
For Sale Listings Arcata
For Sale Listings Eureka
Average House Rent
Price-to-rent ratio
Monthly Mortgage Payments
Inflation-Adjusted Monthly Mortgage Payments
Affordability
Implicit rate of return
Late tax payments/tax liens
Price-to-income ratio

Note: Contact Professor Eschker for data

It's a National Housing Market, September 2007
Monthly Mortgage Up Despite Lower Interest Rates by Erick Eschker, April 2006
Humboldt County Surrounded by Most Overvalued Housing in the Nation by Erick Eschker, December 2005
Is There a Housing Bubble in Humboldt County? The Housing Market in a Rural California Region, 1989-2004, by Erick Eschker and Soren Messner-Zidell, October 2005
Executive Summary October 2005

Californian Home Prices are Overvalued by 35-40% from Goldman Sachs, October 2007
Zoning's Steep Price by Glaeser and Gyourko
Most overvalued housing markets from CNN/Money
2007 Housing Bubble Update: 10 Economic Indicators to Watch from CEPR
A Froth-Finding Mission: Detecting U.S. Housing Bubbles by HSBC Global Research (large PDF)
What is a bubble and is this one now? A very intuitive explanation of a housing bubble from Econbrowser

Real Estate Bubbles and California's Economic Growth, Part 1 Video of lecture by Christopher Thornberg, PhD, and Part 2 and Part 3
Zillow.com (look up local house price history)
Realty Trac (look up local foreclosures)
Humboldt Association of Realtors Data
Rent vs. Buy Calculator

Calculated Risk (Economics)
The Housing Bubble (National)
Sacramento Land(ing)
Marin Real Estate Bubble
Bay Area Housing Crash
Sonoma Housing Bubble
Econo Almanac for the Landed Poor (San Diego)

Professor Erick Eschker
Department of Economics
Humboldt State University
1 Harpst Street
Arcata, CA 95521