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Michael White is the CEO of The New Mortgage Company. He has seventeen years in real estate as lender, owner, and mortgage originator. He has purchased and sold more than 275 properties for his own account, made hundreds of real estate loans for his portfolio, and originated hundreds of mortgages as a broker.

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Case-Shiller Still Predicts Massive 45% Fall From Today’s Values

price case shiller 1987 200909 by NewObservations.net

The 10 major cities in the Standard & Poor’s/Case-Shiller home price index have risen 5% from their April low, but the index is still predicting a massive 45% fall from today’s values.

The index is still showing a current loss of 30% from the high in June 2006. Based upon a trend generated from the actual prices of 1987 to 1997, and generated forward in a linear projection, the index will fall a total of 62% before it reaches the trend norm.

A more comprehensive analysis of the 10-city index based upon a full 120 years of data shows current values off 36% and a comparatively modest 20% fall ahead.

Review four charts and key data based upon major real estate price indexes at “Property Price Index”.

There Are 52 Responses So Far. »

  1. Hilarious. Not only will the bubble return, it will do so alot sooner than anyone thinks. Whether a house is worth the price you pay or not is irrevelant. It only matters if you can afford it.

  2. Even the amateur can come across the internet internet site of the specific corporation in which he is interested and can collect the needed info. The stock broker can guide the newbie inside the present situation of stock exchange and might give some predictions and tips about next few days of trading trends. As the stock exchange is not steady, the new investor ought to watch some swings and roundabouts and try and study them making use of the study methods they have picked up thus far.

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