From Barry Ritholtz at Big Picture. Note the red portion is Steve's projection and not based on actual data. I think it's a reasonable projection. House prices nationwide are still too high compared to historical norms. Of course, things may be different in your neighborhood. I asked Steve to update Shiller’s NYT chart, now that … Continue reading House Prices Still Pretty High Historically
Bubbles! From Calculated Risk: via Bubbles!.