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View Full Version : Straight Line Drop of Homes’ Overpricing



Ed
05-15-08, 05:13 PM
In short, two leading measures of U.S. home prices, examined soundly, show inferred overpricings (latest: 39% and 46%) that have fallen steeply ca. on straight lines over the last 5 months. These two straight lines extrapolate to 0% inferred overpricing during 2010. Note that during 1997-2006, the same two inferred overpricings rose ca. on straight lines for as long as 101 months.

You probably would like to see a picture!
For further explanation plus chart, look here:
“Homes’ Mispricing: Straight Lines!” at
http://homepage.mac.com/ttsmyf/Freds_Straight_Lines.html
which includes reference to:
“Real Dow & Real Homes & Personal Saving & Debt Burden” at
http://homepage.mac.com/ttsmyf/RD_RJShomes_PSav.html