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Real Estate
The Real Estate Adviser |
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June 16, 2005
The Real Estate Adviser: New housing market worry: 'Hidden supply'
By TOM KELLY
Special to the Journal
Special to the Journal
WASHINGTON, D.C. -- How do you define a housing boom? Does a bust always follow a boom? What's the difference between a significant slowdown and an absolute bust?
With real home growth prices (appreciation minus inflation) rising to their highest levels since the data was first collected in 1977, the Federal Deposit Insurance Corporation has brought some definition to the amazing national housing picture, announcing that there were 55 boom metro markets at the end of 2004, up from 32 a year earlier.
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Previous columns:
- The Real Estate Adviser: Boomers have more surprises for builders, 06-09-2005
- The Real Estate Adviser: Selling to boomers? Shift your strategy, 06-02-2005
- Tom Kelly: Deferring your gains? Thank T.J. Starker, 05-26-2005
- The Real Estate Adviser: New wrinkle in sales: the reverse exchange, 05-19-2005
- The Real Estate Adviser: Cash-out can leave seniors in the lurch, 05-12-2005
- The Real Estate Adviser: How to finance a home in Mexico, 05-05-2005
- The Real Estate Adviser: Coming to a resort near you: condotels, 04-28-2005
- The Real Estate Adviser: Local builder reflects on his success on Maui, 04-21-2005