Bubble Watch: Will shrinking house gains scare off SoCal house hunters?

Since 1943, the Cal Poly Pomona-based group has tracked local home-value movements twice a year by having volunteer appraisers re-evaluate a set of 308 single-family homes across seven Southern California counties to gauge pricing patterns. Local home values were appreciating at an annual rate of 2.8% in October, according to this novel index ...