new housing boom

Robert Shiller’s Cloudy Crystal Ball on Housing

“Zillow-Pulsenomics What?!?” I’ve certainly taken my share of potshots on these pages at housing predictions by so-called industry experts.  See, “Housing Market Predictions 2013;” “Barrons:  ‘Home Prices Headed Up 7%“; “Predicting Home Prices in . . . 2022?!?”   So, who do I find more credible? Try Robert Shiller, professor of economics and finance at Yale...
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“A [Front Page] Headline is Worth 1,000 Words” Dept.

New Housing Starts Pop The most prominent (bullish) article on the housing market to date? The headline (above) in today’s Star Tribune, covering the 13-county Twin Cities metro area. For context, the seasonally adjusted rate of 872,000 units reflects an 83% increase from the 2009 recession low,  but is still well under the 2007 peak of...
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