Housing Experts

Case Shiller is the leading housing analyst tracking housing prices and projecting prices going forward. It is a good thing that they are very much like all experts that are trying to anticipate what the economy will do in the months ahead. With the 1st Qt GDP revised to 0.4% and the first 2nd quarter estimate at 1.3%, it is trending toward a second recession.

Most Presidential election years energize career politicians to concentrate on the economy and jobs – otherwise they are out of a job. This time, it will be no different except the economy is trending south and President Obama will not have time for the economy to recover and substantiated by published data.

In the following graphs, the key statistic is the anticipated return to August 2011 prices is estimated by Case Shiller to be April 2013. This is brought forward from the previous projections. I am not sure if I understand this? Oh well, the next couple of years will remain difficult.

Case Shiller Housing Price Projections
Price Period                           Projected Bottom                      Anticipated Return to Current Prices

May 2010                               May 2011                                          November 2013

August 2011                         February 2012                                        April 2013

"As Housing Goes................So Goes the Economy"