Humboldt Real Estate Economics
This research is produced by the Department of Economics at Cal Poly Humboldt. We collect data from primary and secondary sources to analyze real estate market conditions in Humboldt County, California. We present a monthly overview of the real estate market and update our data as we receive it.
News and Forecast
Home Sales Index News
2009 County Update (PowerPoint)
Humboldt County Outlook for 2009, December 2, 2008 (PowerPoint)
The Pain Begins, October 14, 2008 (pdf)
March 12, 2008 panel discussion on the economy with Humboldt Economics facutly and students (mp3)
Data
Median House Price
Inflation-Adjusted House Prices
Annual House Price Appreciation
Average House Rent
Price-to-rent Ratio (good way to to see when the market has returned to "normal")
Foreclosures, 1979-2018
Archived Data
For Sale Listings Arcata
For Sale Listings Eureka
Monthly Mortgage Payments
Inflation-Adjusted Monthly Mortgage Payments
Affordability
Note: Contact Professor Eschker for data
Humboldt County Research
It's a National Housing Market, September 2007
Monthly Mortgage Up Despite Lower Interest Rates by Erick Eschker, April 2006
Humboldt County Surrounded by Most Overvalued Housing in the Nation by Erick Eschker, December 2005
Is There a Housing Bubble in Humboldt County? The Housing Market in a Rural California Region, 1989-2004, by Erick Eschker and Soren Messner-Zidell, October 2005
Executive Summary October 2005
Other Research
Zoning's Steep Price by Glaeser and Gyourko
Most overvalued housing markets from CNN/Money
A Froth-Finding Mission: Detecting U.S. Housing Bubbles by HSBC Global Research (large PDF)
What is a bubble and is this one now? A very intuitive explanation of a housing bubble from Econbrowser
Links
Case-Shiller National Housing Indices
Zillow.com (look up local house price history)
Realty Trac (look up local foreclosures)
Humboldt Association of Realtors
Rent vs. Buy Calculator