The U.S. housing recovery has encouraged many investors in recent months, but Gluskin Sheff & Associates Chief Economist David Rosenberg isn’t sure the rebound has legs. Rosenberg tells CNBC that, while “we’ve certainly had a housing recovery,” the recovery has been in large part a result of housing starts — which plummeted during the Great […]
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Tag Archives: housing
Shiller Still Not Sure About Housing Rebound
January 24, 2013 
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While many believe the housing market has turned a corner, Yale housing guru Robert Shiller isn’t so sure. Shiller tells Bloomberg that while short-term indicators are up, that also happened in 2009, but the trend didn’t turn into a long-term one. Shiller also talks about the broader financial system, which he says has gotten “a little […]
Read moreSonders: Housing Recovery Should Continue — And Help Labor Market
January 18, 2013 0 Comments
Charles Schwab Chief Investment Strategist Liz Ann Sonders — whose calls on both housing and the economy have been quite accurate over the long term – says housing should continue to give the economy a boost in 2013. “In an economy that continues to grow at a pace below trend, the lift from housing will […]
Read moreShiller Still Not Sure Housing Has Bottomed
December 20, 2012 0 Comments
Yale Economist and housing guru Robert Shiller says he thinks housing prices will continue to rise for a few months, but he’s not sure the upswing will continue after that — and he doesn’t think another housing boom is coming any time soon. “A lot of people seem to think that if the market turns […]
Read moreShiller Doubtful of Housing Recovery
November 28, 2012 0 Comments
Yale housing guru Robert Shiller says he’s still not convinced the housing recovery is real. Shiller tells CNBC that some 10 million homeowners are still underwater on their mortgages, and many will end up in foreclosure. Those foreclosures will add inventory to the housing market, he says, and economic risks at home and abroad are […]
Read moreSonders: Don’t Sell Housing Rebound Short
November 15, 2012 0 Comments
Charles Schwab’s Liz Ann Sonders says that a rebounding housing market will have more of an impact than many believe it will have on the economy. “People are still underestimating the impact that this is going to have,” Sonders said at the Schwab Impact 2012 conference, CNBC reports. “What people are underestimating is the ripple […]
Read moreBuffett, Berkshire Add to Housing Recovery Bet
November 1, 2012 1 Comment
Warren Buffett’s firm is continuing to bet on a recovery in the U.S. housing market, with one of its subsidiaries taking the lead in managing a new residential real estate affiliate network. HomeServices of America Inc., a subsidiary of Berkshire’s MidAmerican Energy Holdings Company, will be the majority owner of the affiliate network, teaming with […]
Read moreShiller Study: Housing Recovery No Sure Thing
October 8, 2012 0 Comments
In a new paper, housing guru Robert Shiller and two of his colleagues say they aren’t yet convinced the housing market is in a recovery. “A recovery may be plausible, and home prices have been rising fairly strongly in recent months, [but] we do not see any unambiguous indication in our expectations data of sharp […]
Read moreShiller: Not Clear if Housing Has Bottomed
September 19, 2012 0 Comments
Yale economist and housing guru Robert Shiller isn’t ready to say the housing market has bottomed. “There are a lot of positive indicators, but I think people tend to overreact to these,” Shiller tells CNBC. “And if you look at the trend, which has been down since 2006, it’s a pretty strong trend that we […]
Read moreShiller Not Convinced Of Housing Turnaround
August 10, 2012 0 Comments
While many signs are pointing to a housing market recovery, Yale Economist Robert Shiller — who was among the earliest to call the housing bubble that burst in the late 2000s — isn’t convinced. “His reasoning?” writes The Wall Street Journal’s Joe Light. “The home-price rebound, if that’s what it is, doesn’t yet have momentum […]
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