Cash Shiller Home Index has futures just like the S&P 500. According to the futures the index for the 10 metro areas is expected to be flat, basically stay at the same value until 2014. So, I think it's a little interesting that Karl Case says it's a great time to buy. Didn't he look up the futures on this own index?
I pasted the index here just in case I got it and some one could correct me.
Index is here
Also here is his op ed piece is the NY Times
What's with this sc2 , I think his job is a professional poster
ReplyDeleteHe's either paid by the OC register , government or the NAR
Or just maybe a severly underwater home owner
Good guess , I'm a severly underwater homeowner ,unemployed and just lost my extended benefits , I been sitting in a house too which I haven't made a payment in 18 months...
ReplyDeletebut my Mom says I can rent a room in the basement
I love my mom ,her heart is almost as big as mine !