Orlando, FL: 22.5% Return on Investment (2011) The city of Orlando experienced a tremendous increase in market prices from the year 2000 through 2006, and a downward correction in prices since the beginning of 2007. As 2010 concludes and 2011 unfolds, we expect to see prices stabilize and regress toward a long-term linear growth trajectory.
New York, NY: -42.8% Return on Investment (2011) As the epicenter of US financial markets, New York has experienced a dramatic economic shock that is creating multiple problems for the state and city governments. The most pronounced of these problems is massive budget shortfalls that have spurred the elected officials to raise taxes instead of
Minneapolis, MN: -10.0% Return on Investment (2011) Market values in Minneapolis grew significantly from 2000 through 2005, and declined slightly until a larger correction was created by the 2008 financial crisis. In 2009, values appeared to stabilize but went through up and down swings as foreclosures came onto the market following and pulled the prices
Miami, FL: -6.9% Return on Investment (2011) Miami represents one of the most notorious bubble markets in the entire United States. Its prodigious rise and precipitous decline have served as a warning sign for the potential disaster that can await investors attempting to time value bubbles. However, Miami is also a unique market area, since
Los Angeles, CA: -17.5% Return on investment (2011) Los Angeles is a market segment area that is in serious distress, and is likely to experience continued difficulties before a recovery is in sight. The state of California is currently in the midst of a far-reaching budget crisis that is likely to result in dramatic cuts
Las Vegas, NV: -7.9% Return on Investment (2011) The Las Vegas market is very similar to Miami, due to the intense over-building of high-rise condominiums in both markets. The markets also share a similarity of value trajectories for single-family homes and high-rise units. The overall market value contractions in Las Vegas are being driven by
Kansas City, MO: 15.4% Return on Investment (2011) Kansas City experienced a prolonged period of steady value appreciation up until its value peak in 2006, and only a minor correction afterward. The 2008 financial crisis only impacted Kansas City modestly, as its values had already contracted. The subsequent years saw moderate price volatility that appears
Indianapolis, IN: 32.0% Return on Investment (2011) Indianapolis has experienced repeated value fluctuations in 2009, resulting from the release of foreclosures into the housing inventory. When foreclosures were introduced into the market, they suppressed values and spurred capital inflows from owners and investors, which triggered the introduction of more foreclosed properties to capitalize on the
Jason Hartman talks with Thomas Sowell from the Hoover Institution about the cycles of boom and bust in the US housing market. Narrator: Welcome to the American Monetary Association’s podcast. Where we explore how monetary policy impacts the real lives of real people, and the action steps necessary to preserve wealth and enhance one’s lifestyle.
How will you stay on top of your finances with the coming economic uncertainty? Your best bet is to continue listening to The American Monetary Association Show as your host, Jason Hartman, discusses cutting edge financial topics with experts in the field. For example, this episode’s very special controversial guest is Mr. Howard J. Ruff,