| Michael Youngblood is a veteran analyst
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| | elsewhere. However, recent research has
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| and the managing director of asset-backed
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| | proven that the residential real estate
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| securities research for Friedman Billings
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| | markets within these California cities
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| Ramsey & Co. in Arlington, Virginia.
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| | are more optimistic than previously
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| According to an interview he gave to
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| | projected and currently
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| BusinessWeek for its May 15th issue, the
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| | debated.Youngblood assesses prices for
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| idea of a national bubble for residential
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| | the residential real estate markets in
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| real estate is fictitious. Since there
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| | 379 metropolitan statistical areas,
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| is no national residential real estate
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| | including San Diego. Most residential
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| market, there can be no national housing
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| | real estate forecasters use reactive
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| price bubble.There are, however,
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| | indicators to predict future market
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| residential real estate bubbles in 75
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| | changes, such as inventory-to-sales
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| housing markets that he studies. Most
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| | ratios and number of months required to
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| exist either on the East or West Coast.
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| | sell residential real estate. Youngblood
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| San Diego residential real estate market
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| | believes such indicators do not predict
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| is one of them. In a study he conducted
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| | market changes; they only react to market
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| in 2002, San Diego was one bubble city of
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| | changes. He created his own economic
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| several for which Youngblood was
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| | model, based on two predictive indicators
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| concerned, along with several other
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| | that actually drive the residential real
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| cities within the state of California and
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| | estate market.
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