Case shiller variation annuelle

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I try to step out on a limb regularly.  Anybody can talk about the past, and what they market did, but figuring out where we are going from here has a LOT more value.  But, if I am going to step out onto the limbs, I am going to be wrong.  And if I am going to be wrong, I have to highlight it and learn from my mistakes.

Last year, I wrote a post highlighting my huge mis-call of the real estate market in 2009.  I expected that the Atlanta market would decline 5% or so… and it went down 20%.  It may have dropped 20% more since then (at least according to Case-Shiller), but I think that a 36% market drop is a little overblown for most of my service area at least.

Even if you don’t want to read it to see how wrong I was, there is a good discussion about the difference in Leading and Trailing Indicators.  It might even be worth the price of admission.

Enjoy.

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