How to get an idea of whether your home would lose value if the real estate “bubble” burst:
Link: What’s Your House Worth Now?
Is the price of your house about to plummet? There’s no one foolproof indicator of a local housing bubble, so the best approach is to evaluate the situation from many angles. It’s important to gauge such factors as construction permit issuance, local incomes, job growth, and rental rates to determine if you’re living in a danger zone. “You have to triangulate,” says Susan M. Wachter, a real estate economist at the Wharton School.
By these measures, prime candidates for trouble include such places as San Diego and Los Angeles on one coast and New York and Miami on the other.
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Updated: December 2017
