Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: XBrit who wrote (177118)	1/14/2009 8:22:13 PM
From: tejek	Respond to of 306849

Shilling does use Shiller's 20-city indices (for timeliness, since the national is only published quarterly). But I don't think those differ hugely from the national indices, and I'm fairly sure his analysis is valid nationally. Actually it does vary considerably from the NAR's statistics which I think covers the 150 largest metro areas. However, the NAR doesn't take into account jumbos so I suspect the real numbers are somewhere between the NAR's and Shilling's. Look.....I am not trying to paint a pretty picture. Things suck and that's why I think its important to get, where possible, some stabilization with the people defaulting so we can slowly work our way out of this mess.