Everyone was Wrong (Again) About Housing Prices Last Year
For several years, economists and housing analysts have predicted a housing bottom, but few forecasts of 2012 foresaw the magnitude of the rebound that the housing sector enjoyed last year, writes Nick Timiraos in his Wall Street Journal blog last Tuesday.
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Quarterly surveys by real estate website Zillow and Pulsenomics poll around 100 economists and other housing analysts on their predictions about where home prices are headed.
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To see how they did: http://www.trulia.com/blog/ken_allen/2013/01/the_allen_report_wrong_again_about_housing_prices
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