Posted: Thursday, October 23, 2014 1:46 PM ET
By: Julian Close
Truly, I hate to sound an alarm bell on a day like today, when the whole market seems happy, but when life looks like easy street, there is often danger at your door. The danger today is that many investors will be hurt financially if the price of real estate should fall, and sadly, all such investors now have cause for concern.
On September 30 of this year, the Case-Shiller 20-City Index report indicated that in July, home prices, as averaged across 20 American cities, rose by 0.6% from the previous month, just over half the gain (1.1%) that... Read More