I just received a voice mail from someone at Moodyseconomy.com. I contacted them because they were quoted in Fortune Mag regarding their 2007 Housing Market Monitor. They rate US cities in regards to house-price imbalances and provide housing market projections for 2007 for the top 100 US metropolitan areas. Interestingly, 6 of the top 10 cities for the largest drops in home prices will occur in California, according to them. Oddly enough, San Diego was not one of them.
The voice mail indicated that this is the first year Moody’s has put together such a report. I was hoping to find something a little more black and white. I’m sure there is something out there that has projected housing figures each year. Then, a report can be created to see how accurate the projections were. Similar information can be tracked pretty easily with securities, but I haven’t been able to find much on housing.
