Housing Price Predictions From HedgeStreet
We wrote about this company last week I believe. I like the idea of being able to hedge the price of your house. It looks like you might need to take a pretty serious position if you wanted to be fully hedged though.
["Prices on HedgeStreet become pretty interesting predictors of market consensus," Russell Andersson, co-founder of the company, said. "Participants are expressing their views on the future of housing markets and that's valuable information."
HedgeStreet traders are betting that the median price of a single family home in New York will drop 1% to $431,010 during the second quarter, versus the first three months of 2005.]
["Prices on HedgeStreet become pretty interesting predictors of market consensus," Russell Andersson, co-founder of the company, said. "Participants are expressing their views on the future of housing markets and that's valuable information."
HedgeStreet traders are betting that the median price of a single family home in New York will drop 1% to $431,010 during the second quarter, versus the first three months of 2005.]
posted by Little_Silvered at 6:31 AM
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