Continuing our lesson on real estate economics from Humboldt State University courtesy of YouTube, we bring you the last two videos in the series. There is a lot of information in these videos that is very pertinent to our market, and it is a good lesson. However, it was filmed November 2006, making it a bit old, and the focus is California…not San Francisco. For what it is worth, it is a very informational couple of videos.
Real Estate Bubbles and California’s Economic Growth, Part 2
Real Estate Bubbles and California’s Economic Growth, Part 3
Keeping in mind this was filmed in November 2006, this economist’s predictions were that the housing market will really start to deflate in 6-9 months. That puts us right smack dab in the middle of his predictions. One prediction to note, “Your house will be worth the same in 2012 as it is today.” Remind us in 2012 to see if he was right.
–Part One [theFrontSteps]