barrons housingcover dec 2013I have long been a reader of Barron’s. I spent countless Saturday mornings early in my career with a big cup of coffee and a hard copy of the weekly.

Over vacation, I almost missed this cover story on housing last weekend by Jonathan Laing, Betting on the House. In it, they forecast 5% annual increases in home prices over the next 3 years.

It almost passed without comment until I read this paragraph:

“We claim some bragging rights on the subject: In two cover stories last year — “Home Prices Ready to Rebound” in the March 19 issue and “Happy at Last” in the Sept. 10 issue — we not only called the imminent recovery but hit the timing of it right on the screws.”

That turns out to be, well, only partially true.


Continues here

Category: Real Estate, Really, really bad calls

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

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