Found an interesting blog on real estate – “has California Real Estate Bottomed ?”http://www.safehaven.com/article-12373.htm

Rosendahl uses data from http://www.city-data.com to make a point that in most of the big CA cities (except sacramento) there is still huge downward potential both in terms of PE ratio,  BuyRentRatio and Gross Rent Multipler.

By the way http://www.city-data.com contains really interesting data – including demographics – it will be nice to build models based on the data to figure out what a good buy point for real estate would be.

Advertisements