Freddie Mac CEO: We will help increase mortgage lending

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition

MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year

Fitch: Two-year run of home price growth is over

“Several markets are still overvalued”
W S
Lending / The Ticker

Karl Case: The housing market is a “crapshoot”

Struggles to recover from Great Recession

house
/ Print / Reprints /
| Share More
/ Text Size+

According to one famous expert, the housing market is a crapshoot, noting that it is sill struggling to fully recover. Per CNNMoney:

Karl "Chip" Case is an economist whose name is synonymous with home prices. He is co-creator of the much watched S&P/Case-Shiller home price indexes with Bob Shiller, who won the Nobel Prize in economics last year.

"You've got much more negative vibrations in the housing surveys about homeownership than we ever had before," Case told CNNMoney. "I think it's because people got hosed. They thought that housing prices will never go down. That's just bull -- you know what."

Source: CNNMoney
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus