Robert Shiller On US Housing Market

Robert Shiller, co-founder of Case-Shiller Index

Rober Shiller, co-founder of Case-Shiller Index was on CNBC a few weeks back to discuss the US housing market.  He concluded the US housing market recovery is not on solid ground.

His theory is that large institutional investors bought up 100,000 homes, mostly foreclosed, with vast amounts of cash.  He theorized this pushed up home prices, especially in some of the "hotter" US markets, such as on the West Coast. 

Many of the investors are renting out these homes and some are selling bonds backed by the rental streams.  Shiller theorizes that if these investors see lower-than-expected returns, they won't hesitate to dump the properties.  I would take it one step further-- if prices continue to robustly appreciate, these investors might take the appreciation value and forgo the rental streams for the "next big trade."

I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a rental home, a second home, investors, etc. As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate
http://MYsouthFLrealestate.com

The greatest compliment you can give is the referral of your friends and loved ones

Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty