Blog
This blog is available in English or Spanish:

Home Prices: Even More Confusion

Agents, did you know you can share a personalized version of this post? Learn more!

We attempt to keep you abreast of the housing market. When will demand for housing return to historic averages? What impact will foreclosures continue to have? Where are interest rates headed? There are no simple answers to any of these questions. However, the most difficult question to answer seems to be: Where are home prices headed? Yesterday, we read two vastly different opinions on this issue.

Clear Capital claims prices seem to be stabilizing in their most recent Home Data Index Market Report.

“The latest Market Report results through May suggest that home prices are starting to ease back from the heavy declines seen over the winter. We are still far away from the strong demand needed to fully turn things around for the housing market; however, it is clear from the initial spring sales data that prices are softening, suggesting stabilization in the market.”

At the same time, Housing Wire reported that Robert Shiller, the Yale University professor and co-founder of the S&P Case-Shiller Home Price Indices, believes home prices still have a major correction ahead.

“While other people expect home prices to bounce along the bottom for a while without going up much, Robert Shiller is inclined to be more pessimistic.

There is room for home prices to decline another 10% to 25% in real terms over the next five years, according to Shiller.”

Bottom Line

As we said before, there are no easy answers to the tough questions facing the current housing market. We will try our best to keep you abreast of what reputable sources are reporting and at the same time try to explain the indicators they use to formulate their opinions.

Share

About The KCM Crew

We at The KCM Crew believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!

Trackbacks/Pingbacks

  1. Scott Pearce : A Window of Opportunity for House Sellers in South Lake Tahoe - June 21, 2011

    […] Ca There has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers […]

  2. A Window of Opportunity for House Sellers | Nashville, Brentwood and Franklin, Tennessee Real Estate - June 21, 2011

    […] has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers […]

  3. A Window of Opportunity for House Sellers - June 22, 2011

    […] has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers […]

  4. Opportunity for House Sellers | Signature Homes Of NY's Office Blog! - June 22, 2011

    […] has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers […]

  5. A Window of Opportunity for House Sellers | Live in Lakeforest - June 22, 2011

    […] has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe […]

  6. A Window of Opportunity for House Sellers « DavidREveals - June 22, 2011

    […] has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers […]

  7. Here’s a Window of Opportunity for House Sellers | - June 22, 2011

    […] There has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. […]

  8. Christi Reece’s Real Estate Blog » Blog Archive » Good information for today’s home sellers! - June 22, 2011

    […] has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers […]

  9. A Window of Opportunity for House Sellers « Jeremy Bowers - June 23, 2011

    […] has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers […]

  10. Top 5 Real Estate Headlines in the 1st Half of 2011 - July 5, 2011

    […] Just as these new projections were made available, some pricing indices announced that values actually increased (though by a rather minimal percentage). Again, those with the best understanding of the market […]

  11. Top 5 Real Estate Headlines in the 1st Half of 2011 | My Kinda Town Realty - July 5, 2011

    […] Just as these new projections were made available, some pricing indices announced that values actually increased (though by a rather minimal percentage). Again, those with the best understanding of the market […]

  12. Top 5 Real Estate Headlines in 1st Half of 2011 | Armor Realty Blog - July 5, 2011

    […] Just as these new projections were made available, some pricing indices announced that values actually increased (though by a rather minimal percentage). Again, those with the best understanding of the market […]

  13. Top 5 Real Estate Headlines in the 1st Half of 2011 | Gananda Located in Walworth, NY 14568 - July 5, 2011

    […] Just as these new projections were made available, some pricing indices announced that values actually increased (though by a rather minimal percentage). Again, those with the best understanding of the market […]

  14. Old posts from the old blog! « christireece - February 4, 2012

    […] has been much confusion as to where housing prices are headed. We have actually blogged on the issue recently. Today, we want to give our opinion on this subject for the short term. We believe sellers […]

  15. Missions Ain’t That Mysterious | David Joannes - April 28, 2013

    […] Photo credit: The KCM Blog […]

Leave a Reply