Analyst peels back stormy real estate price cycles - 2005-03-09
Coastal real estate markets, such as Los Angeles and Orange County, Calif., are home to the most intense dramatic real estate price fluctuations in the nation, while many inland markets are usually more stable and predictable, according to a study by First American Real Estate Solutions.
Market cycles typically last about eight to 14 years, based on historical data, Cagan said, with the most recent real estate pricing cycle peaking in about 1990-91.
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