Economist: Still a good bit of uncertainty in housing

01/28/2013 | New York Times (tiered subscription model), The

Robert J. Shiller, a professor of economics and finance at Yale and co-creator of the Case-Shiller index, writes that recent large fluctuations in home values are not the norm and prices will likely even out to near the historical median in several years. "The bottom line for potential home buyers or sellers is probably this: Don't do anything dramatic or difficult," he writes.

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