Analytica

What Should Today's Median Housing Price Be?

Right on! This is consistent with Shiller's analysis. See

<www2.standardandpoors....;

and

<timeblog.com/curious_c...;

Housing prices are on the decline and will reach historical norms in the next 2 years.

Price declines make the government negotiated re-set freeze program moot. One of the requirements is that the property value cannot have dropped since the original mortgage was created.