By Lynn Effinger | HousingWire
Admittedly, the recent article published in HousingWire titled, “San Francisco exhibiting potential signs of a housing bubble,” focuses on one specific anomalous Left Coast housing market. But, this is clearly, in my view, a precursor to more markets, particularly in California, exhibiting the same signs. Housing bubbles will surely not be confined to the Golden State.
The article, which was written by HousingWire reporter Brenna Swanson, states that according to Collateral Analytics’ California Home Price Forecast Models, the San Francisco Bay area is showing, “… some warning signs of a bubble,” but goes on to quote that it is important to clarify that this is only happening in the San Francisco Bay Area, according to the report.