Interactive Heatmap Housing Over/Under-Valuation q4 2006

click on the headline to start the interactive map.

bitte auf die überschrift klicken um die interaktive karte zu starten

on top of that National City has put up a detailed report. please take into account that the downtrend has acclerated since q4, so the real picture is worse.....

zusätzlich gibt National City noch einen detailierten report heraus. . das realle bild dürfte somit noch schlechter aussehen (gerade wenn man bedenkt das sich die talfahrt seit jahreswende beschleunigt hat).

This study employs a statistical technique — pooled time series regression analysis — to evaluate single family house prices in 317 metro areas. These 317 areas collectively account for 77 of all existing single family housing units and 86 percent of all related real estate value, as of the fourth quarter of 2006. (link methodology http://tinyurl.com/2p2j3p pdf)

• For the period from Q1/1985 to Q4/2006, price-to-income ratios are statistically explained by four factors: household population density, mortgage interest rates, relative income levels and characteristics unique to the history of each metro area.

• The model accounts for 77 percent of the variation in house price-to-income ratios over time and across the 317 metro areas. Explanatory variables are statistically significant with high levels of confidence.

here the link to the report (pdf) http://tinyurl.com/yut9mh

here you can see how the s&p/case-shiller futures are heading south..... http://tinyurl.com/2f9oce

hier gibt es den link um die aktuellen s&p/case-shiller futures zu sehen... http://tinyurl.com/2f9oce

thanks to DaveDonhoff and the http://forum.themarkettraders.com/ !