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A Bet for Barron’s on Housing

Posted By Barry Ritholtz On January 3, 2014 @ 11:16 am In Real Estate,Really, really bad calls | Comments Disabled

barrons housingcover dec 2013 [1]I 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 [2]. 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 [3]” in the March 19 issue and “Happy at Last [4]” 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 [5]


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2014/01/a-bet-for-barrons-on-housing/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/01/barrons-housingcover-dec-2013.jpg

[2] Betting on the House: http://online.barrons.com/article/SB50001424053111904742804579276410186559726.html

[3] Home Prices Ready to Rebound: http://online.barrons.com/article/SB50001424053111904797004577281453828447714.html?mod=BOL_archive_twm_ls#articleTabs_article%3D1

[4] Happy at Last: http://online.barrons.com/article/SB50001424053111904294104577633883367012476.html?mod=BOL_archive_twm_ls#articleTabs_article%3D1

[5] Continues here: http://www.bloomberg.com/news/2014-01-03/yet-another-housing-cover-story-from-barron-s.html

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