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Shiller’s Ivory-Tower View: Risky

Posted By Jim the Realtor On November 27, 2012 @ 2:18 pm In Forecasts,Same-House Sales | 1 Comment

Here’s Shiller being his normal conservative self, saying that we will see a lot more underwater homeowners defaulting, and those foreclosures leading to additional inventory of unsold homes. But did say that his futures index is expecting a 3% annual price increase nationally for each of the next four years:

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