Local Home Prices Go Back to the Future With the caveat that a city-wide price index blends neighborhood valleys and peaks into averages, what does the Case-Shiller index say about Minneapolis home prices since 2000? Home prices as of Summer, 2014 are about where they were in 2008. And 2003. Huh?!? Price Roller Coaster The...Read More
“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...Read More
