Recently on the Today show, the producers paraded a dog in a Marilyn Monroe costume, her fake bosom bursting out of a little doggy dress. In the modern age, there is a way to make anything look like something else. Some would argue that all the rosy headlines about rapidly rising home prices and breakout bidding […]
Tag: home prices
Robert J. Shiller, a Yale economics professor best known for the eponymous Case-Shiller Home Price Index, has an article in today’s New York Times entitled A New Housing Boom? Don’t Count On It. Shiller makes short work of the endlessly optimistic industry rags who read Realtytrac reports like tea leaves and find signs and portents […]
The Oregonian’s Front Porch reports today that a real estate firm is anticipating 4.7% price increases in the Portland Metro area housing market in 2013, a slower rate than we saw in 2012. Read the full story here.