1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Dheeraj Grover
Dheeraj Grover
Articles (493) 

Robert Shiller: Housing Is Still Not out of the Woods

August 06, 2012 | About:

Robert Shiller, co-founder of Case-Shiller U.S. Home Price Index discusses the U.S. housing market and his outlook for the market. He still thinks that prices have more room to go down; U.S. housing is still not out of woods yet.

Here is a summary of what he said:

-- We have still not hit the bottom on U.S. house prices. Things have gotten better but there is not a U-shape recovery.

-- Recent uptick in home prices can be seasonal.

-- People moving towards renting and that does not speak good for the home values, specifically for the suburbs.

-- Rates are at record lows but there are still not many people refinancing. Why? Banks fueled the prices and subsequent crisis but same banks have a different mindset now and that is making it difficult to find loans.

Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


philippenew - Valuation ratio
dmharmanDMH
zthreadgillMargin
philippenew - immobilier
philippenew - dividende
philippenew - Good growth moyen term
philippenew - benjamin graham
philippenew - Good growth long term
philippenew - Very good growth long te
OptionPirateCSCOlike
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK