Robert Shiller

Owning A Home Isn’t Necessarily Smart (part 2)

Case Shiller’s August report showed home prices across 20 major U.S. metro areas were up 0.2% since July, the fifth straight monthly ’20-City’ gain but it’s barely a gain. Prices are down 3.8% since August 2010, a slightly lower year-over-year loss from last month. Home prices are still down drastically from 2006 highs and now

Owning A Home Isn’t Necessarily Smart (part 2)

Case Shiller’s August report showed home prices across 20 major U.S. metro areas were up 0.2% since July, the fifth straight monthly ’20-City’ gain but it’s barely a gain. Prices are down 3.8% since August 2010, a slightly lower year-over-year loss from last month. Home prices are still down drastically from 2006 highs and now

Owning A House Isn’t Necessarily Smart

Yesterday’s S&P Case Shiller May report showed home prices across 20 major U.S. metro areas were up 0.6% since April, the second straight monthly gain after seven straight months of decline. But prices are down 4.5% since last May, and prices are down 32.3% from June/July 2006 to May 2011. Case Shiller Index co-creator and