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Forecasting the direction and magnitude of real estate price changes is no easy task, fraught with assumptions about the local economy, the performance of the stock market, interest rates and a host of other factors. Still, I've taken a stab at forecasting Marin real estate prices in a research project in partial fulfillment of the requirements of a Real Estate Economics course that I have just completed as a prerequisite to obtaining a real estate broker (as opposed to agent) license.
The project resulted in a paper published in 3 parts. If you're so inclined to read an academic study on this subject, you can access this research paper, titled "FORECASTING MARIN REAL ESTATE PRICES" by clicking on the following links:
Part 1: Proposal
Part 2: Research
Part 3: Conclusions
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