The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (18334)	3/9/2004 3:09:11 PM
From: Elroy Jetson	Read Replies (1) of 306849

The state by state index you have referenced is an loose approximation of home prices based on the value of mortgages which are underwritten. Over a long period of time the results are entirely inaccurate. ofheo.gov RERC has published a number of papers which illustrate the systematic errors created by this methodology.

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