About This Review Series
The quarterly and biennial housing market reviews produced by Adkins Capital Management provide an overview of the events and trends that have transpired in the U.S. residential housing market, and deliver a systematic assessment of home price levels for the cities that comprise the ACM 60-City Home Price Index.
Each presentation applies the ACM Adkins Valuation Methodology — analyzing the relationship between household income, home price levels, and prevailing mortgage interest rates — to determine whether home prices in each market are underpriced, fairly valued, overpriced, or severely overpriced relative to local income fundamentals. For the complete archive, visit the ACM YouTube channel.