While rapid price gains have some analysts issuing warnings about a housing bubble in the making, the MReport says that newly released reports from Capital Economics and Redfin argue that a repeat of the 2008 crash is unlikely in today’s environment. However, an examination of Case-Shiller home price increases and job data from the Bureau of Economic Analysis does show that some areas – Washington, D.C., Los Angeles, San Francisco and San Diego in particular – are at risk of seeing the formation of “mini bubbles.”