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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I'm Jim Klinge, local broker affiliated with Compass. Most tweets are from my blog https://t.co/L9m2r9DMMM regarding North San Diego coastal market. CA DRE #00873197
New post (Just Sold in Olivenhain) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2022/09/28/just-sold-in-olivenhain/
New post (Hurricane is One More Deterrent) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2022/09/28/hurricane-is-one-more-deterrent/