Yes, I’m going to pile on to social media efforts to capitalize on Super Bowl interest. Of course what I have in mind is here is getting readers to debate which side they prefer of the current pricing that has the CME Case Shiller BOS contracts outperforming the LAX contract … Read More
Quotes on the CME Case Shiller home price index futures are mixed, and a hair lower, after this morning’s release of Case Shiller numbers. As illustrated in the table below, prices on the Nov ’19 (X19) BOS and LAX contracts are lower by one point, while the LAV and SFR … Read More
Many are waiting for Amazon to announce the location of HQ2, their new second headquarters. The thinking is that the “winning” city will see home prices soar in anticipation of the need to house thousands of new employees. While there’s been lots of buzz about what Amazon might do, there’s … Read More
I had previously written about possible ways for market participants to play the impact of the prospects to changes in the Mortgage Interest Deduction (MID) in a blog on Oct 21 . Since this remains a timely topic, I again want to offer two opportunities for fans of the NAR’s … Read More
The Wall Street Journal had an article Tuesday morning (see link) titled “Mortgage Break Faces Irrelevancy” which outlined possible impacts from proposed tax changes. The author (Laura Kusisto) quoted several sources each of whom suggested that, under the current proposal, fewer taxpayers would be able to take advantage … Read More
Quotes on CME Case Shiller home price index futures are higher across the board after this morning’s release of the November Case Shiller #’s.
Using the Nov ’17 contract (X17) as a proxy, mid market prices are up from 0.4 (in LAV and MIA) to 1.2 (BOS) and 1.7 (NYM). … Read More
I’d like to take the data and work done by two of my favorite sources (Pulsenomics and Getting Real) to further illustrate two points that I’ve been making here over the past few months.
First, as part of their quarterly survey of home price expectations across 100 
participants … Read More
I mentioned earlier on my LinkedIn Group (CME Case Shiller home price futures) that I’ll be speaking this week at Babson College about these contracts. Between that, it being Patriot’s Day (a holiday in Boston when they run the Boston Marathon, among other things), and my desire to post a … Read More
CME markets have been mostly quiet this morning as Case Shiller numbers came out generally in line toward CME quotes for the Aug ’15 contract. The two exceptions seem to have been in the BOS and SDG contracts where Nov ’15 contract prices have dropped sharply (as shown in the … Read More
The complacency of prices in the CME contracts got a mild shock yesterday with the June release of the April Case Shiller indices. Prior to Tuesday there had been no trades in June (that I was aware of) and very few meaningful price changes. That changed when the S&P announcement … Read More