Money and Finance
- Mark Hanson's Latest On Housing...
In summary, the past two-years of massive Fed, Gov’t, and bank intrusion into the housing market went way too far. Houses are mis-allocated, there is no shortage of houses “in which to live”, and in ALL the popular “mega-recovery” regions...
- Shiller Says U.s. Home Prices In Seasonal Pattern (video)
Feb. 28 (Bloomberg) -- Robert Shiller, co-creator of the S&P/Case-Shiller index of property values in 20 U.S. cities, talks about the U.S. housing market and seasonal patterns affecting prices. The S&P/Case-Shiller index fell 4 percent in December,...
- Why Some Housing Bubbles Remain - By Edward Chancellor
Housing bubbles appear pretty similar on the way up. Yet the aftermaths of recent real estate booms in the US, UK, Spain and Australia have been extremely varied. US home prices took a real hammering. The formerly hot housing markets of the UK and Spain,...
- A Closer Look At The Second Leg Down In Housing - By Barry Ritholtz
Today, residential real estate confronts numerous headwinds: Credit, once given to anyone who could fog a mirror, is now tight. Hence, demand is far below what it was during the past decade. Home prices are still unwinding from artificially high levels,...
- Don’t Bet The Farm On The Housing Recovery - By Robert J. Shiller
THE question now is whether a strong case has been built for a new bull market since the home-price turning point in May 2009. Though there is no way to be precise, I don’t believe it has. Since that turning point, most public discourse on housing has...
Money and Finance
A New Housing Boom? Don’t Count on It – By Robert Shiller
WE’RE beginning to hear noises that we’ve reached a major turning point in the housing market — and that, with interest rates so low, this is a rare opportunity to buy. But are such observations on target?
It would be comforting if they were. Yet the unfortunate truth is that the tea leaves don’t clearly suggest any particular path for prices, either up or down.
…..
The bottom line for potential home buyers or sellers is probably this: Don’t do anything dramatic or difficult. There is too much uncertainty to justify any aggressive speculative moves right now. If you have personal reasons for getting into or out of the housing market, go ahead. Otherwise, don’t stay up worrying about home prices any more than you do about stock prices.
I can’t offer any clearer picture, and I don’t see a solid basis for anyone else to do so, either.
- Mark Hanson's Latest On Housing...
In summary, the past two-years of massive Fed, Gov’t, and bank intrusion into the housing market went way too far. Houses are mis-allocated, there is no shortage of houses “in which to live”, and in ALL the popular “mega-recovery” regions...
- Shiller Says U.s. Home Prices In Seasonal Pattern (video)
Feb. 28 (Bloomberg) -- Robert Shiller, co-creator of the S&P/Case-Shiller index of property values in 20 U.S. cities, talks about the U.S. housing market and seasonal patterns affecting prices. The S&P/Case-Shiller index fell 4 percent in December,...
- Why Some Housing Bubbles Remain - By Edward Chancellor
Housing bubbles appear pretty similar on the way up. Yet the aftermaths of recent real estate booms in the US, UK, Spain and Australia have been extremely varied. US home prices took a real hammering. The formerly hot housing markets of the UK and Spain,...
- A Closer Look At The Second Leg Down In Housing - By Barry Ritholtz
Today, residential real estate confronts numerous headwinds: Credit, once given to anyone who could fog a mirror, is now tight. Hence, demand is far below what it was during the past decade. Home prices are still unwinding from artificially high levels,...
- Don’t Bet The Farm On The Housing Recovery - By Robert J. Shiller
THE question now is whether a strong case has been built for a new bull market since the home-price turning point in May 2009. Though there is no way to be precise, I don’t believe it has. Since that turning point, most public discourse on housing has...