Coldwell Banker Premier Realty

Shiller on U.S Housing

Price Indices, Mortgage Rates and Other Issues
Posted by John McClelland on December 28, 2011 in  Case Shiller  Home Prices  Is it time to buy a home  Mortgage Rates  Robert Shiller
Robert Shiller, co-creator of the Case-Shiller home price index and one of the few who publically proclaimed that we were in a housing bubble, is asked by Bloomberg to comment on several different datasets. He makes the important distinction between short-term measurements and overall trends, with a particular emphasis on the consumer confidence numbers. Dr. Shiller is asked if he believes it is a good time to purchase a home, at least for someone who expects to be in an area for an extended period. His rep... read more
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