The BH& J Index has several factors to analyze for a home purchase. The index is based on investing in the stock market vs buying or renting a home for a portfolio of real estate or owning a piece of real property. Factual research uncovered that the BH&J Index showed moderate overpricing in The Palm Beaches but the statistical figures are by far less than the housing crash stats of many years ago. When we compare severely overpriced markets, Dallas, Denver, Houston, The Palm Beaches is a great investment for long term linear investing.

Extensive research has been conducted at major universities where the long-term linear pricing model has been examined for various markets across the country. The basis for the BH&J Index is to establish a portfolio of real estate where the investor has a choice of buying in search of equity or renting and missing out on the benefits of homeownership or purchasing stocks or bonds. The research specifically mentioned the Dallas, Denver, and Houston housing markets and how they are heavily overpriced. The BH&J Index showed a variance of supply and demand with downward pressure on pricing coming not in the if, but when. 

The Palm Beaches is currently at 19.76% above its long-term linear pricing. This means that the county, including Miami, which is included is experiencing overpricing in the real estate market. On the other hand, rents are not skyrocketing like they are in other parts of the country where a housing crash is most likely to happen.