The white-hot housing market in the Bay Area, has some wondering if a real estate crash is possible.
"Many people either just can't afford to buy or are not prepared for the psychological wear-and-tear of what's become the hottest Bay Area real estate market in memory. A white-hot demand for a limited amount of housing, according to real estate analysts, experts and economists, is the chief driver behind the Bay Area housing market's longest upswing in history.Housing value has been riding a wave that by most accounts, has yet to reach its pinnacle. Almost every month this year, trade groups and other researchers have reported double-digit percentage spikes in median-priced houses, much to the chagrin of those looking to jump into the area's supercharged market. The question of the hour has become: Will what has gone up ever come back down again?"
Thanks to Abhijeet Chavan
FULL STORY: Will what has gone up ever come back down again?

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This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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Economic & Planning Systems, Inc.
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research