[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f38s3ysrh9s6ug":3,"$ffeh0925h8cuz":32,"$fbwk2pqjjqsc7":36},{"item":4,"previous":22,"next":27},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":12,"bodyImage":13,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":20,"updatedAt":21},81,"is-residential-real-estate-really-a-crapshoot","Is Residential Real Estate Really a ‘Crapshoot’?","\r\n\r\nWe are pleased to have KCM Founder and Chief Content Creator, Steve Harney, do a personal post today. Enjoy!\r\n\r\nThat is what a headline announced in a CNNMoney post Monday. They were quoting Karl Case “an economist whose name is synonymous with h...","","blog","https:\u002F\u002F\u002F","\u003Cimg class=\"alignnone size-full wp-image-31167\" src=\"https:\u002F\u002Fwww.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F07\u002Fhome-dice.jpg\" alt=\"Is Residential Real Estate Really a 'Crapshoot'? | Keeping Current Matters\" width=\"600\" height=\"315\" \u002F>\r\n\r\n\u003Ci style=\"color: #888888;\">We are pleased to have KCM Founder and Chief Content Creator, Steve Harney, do a personal post today. Enjoy!\u003C\u002Fi>\r\n\r\nThat is what a headline announced in a \u003Cem>CNNMoney\u003C\u002Fem> \u003Ca href=\"http:\u002F\u002Fmoney.cnn.com\u002F2014\u002F07\u002F07\u002Finvesting\u002Fhousing-market-case\u002Findex.html?hpt=hp_t2\">post\u003C\u002Fa> Monday. They were quoting Karl Case \u003Cem>“an economist whose name is synonymous with home prices. He is co-creator of the much watched S&P\u002FCase-Shiller home price indexes with Bob Shiller, who won the Nobel Prize in economics last year.”\u003C\u002Fem>\r\n\r\nCase did explain that the commonly held belief that housing prices could ‘never’ depreciate was corrected over the last decade. And it is true that Case referenced a home he bought during that time had lost almost half its value.\r\n\r\nHowever, there were other comments attributed to Case in the article:\r\n\u003Cul>\r\n\t\u003Cli>He bought one home at $54,000 which he later sold for over four times that amount ($240,000)\u003C\u002Fli>\r\n\t\u003Cli>Another home he purchased for $375,000 is now worth a million dollars.\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nHe bet on three houses; one lost 50%, one gained over 400% and the other gained approximately 300%. Sounds like great odds to me.\r\n\u003Ch3>\u003Cstrong>Give me the dice\u003C\u002Fstrong> \u003Cstrong>and get out of my way. \u003C\u002Fstrong>\u003C\u002Fh3>\r\nLast week, John Maxfield, in a \u003Cem>The Motley Fool\u003C\u002Fem> blog post, \u003Ca href=\"http:\u002F\u002Fmy.fool.com\u002Fprofile\u002FJohnMaxfield37\u002Finfo.aspx?source=iapsitlnk0000002\">wrote\u003C\u002Fa>:\r\n\r\n\u003Cem>“Over the past year, [home prices] are up by 8.9%. Over the past two years, they're up by 19.7%. Over the past three years, they're up by 23%. And there's little evidence that this trend is coming to an end anytime soon…\u003C\u002Fem>\r\n\r\n\u003Cem>[It] should be obvious why now is such an opportunistic time to buy a house. Of course, if you want to wait, that's up to you. But doing so could very well be a source of regret later on down the road.”\u003C\u002Fem>\r\n\u003Ch3>\u003Cstrong>Give me the dice and get out of my way. \u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf buying residential real estate is actually a crapshoot (as the headline claimed), it seems the odds are in the shooter’s hand.\r\n\u003Ch3>\u003Cstrong>PLEASE\u003C\u002Fstrong>\u003Cstrong> give me the dice and get out of my way. I really want to roll.\u003C\u002Fstrong>\u003C\u002Fh3>","https:\u002F\u002Fwww.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2014\u002F07\u002Fhome-dice.jpg",false,[16],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers","2014-07-09T10:00:17Z","2014-07-07T20:03:43Z",{"id":23,"slug":24,"title":25,"featuredImage":11,"publishedAt":26,"contentType":10,"isVideo":14},80,"thinking-of-selling-new-construction-will-soon-be-new-competition","Thinking of Selling? New Construction Will Soon Be New Competition","2014-07-08T10:00:16Z",{"id":28,"slug":29,"title":30,"featuredImage":11,"publishedAt":31,"contentType":10,"isVideo":14},82,"when-character-is-more-valuable-than-competence","When Character is More Valuable than Competence","2014-07-10T10:00:36Z",{"cover":33,"open":34,"shareSpread":35},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[37,41,42,46,50,54,58,62,66,70,74,78,82,86,90,94,97,100,104,108,112,116,120,124,128,132,136,140,144,148],{"id":38,"name":39,"slug":40},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":43,"name":44,"slug":45},6,"For Sellers","sellers",{"id":47,"name":48,"slug":49},7,"Foreclosures","foreclosures",{"id":51,"name":52,"slug":53},8,"Infographics","infographics",{"id":55,"name":56,"slug":57},9,"Home Prices","home-prices",{"id":59,"name":60,"slug":61},11,"First-Time Buyers","first-time-buyers",{"id":63,"name":64,"slug":65},34,"Senior Market","senior-market",{"id":67,"name":68,"slug":69},35,"Mortgage Rates","mortgage-rates",{"id":71,"name":72,"slug":73},38,"Move-Up","move-up",{"id":75,"name":76,"slug":77},41,"For Sale by Owner","for-sale-by-owner",{"id":79,"name":80,"slug":81},42,"Featured","featured",{"id":83,"name":84,"slug":85},45,"New Construction","new-construction",{"id":87,"name":88,"slug":89},52,"Luxury \u002F Vacation","luxury--vacation",{"id":91,"name":92,"slug":93},53,"Rent vs. Buy","rent-vs-buy",{"id":23,"name":95,"slug":96},"Time-sensitive","time-sensitive",{"id":5,"name":98,"slug":99},"Outdated","outdated",{"id":101,"name":102,"slug":103},147,"Internal","internal",{"id":105,"name":106,"slug":107},148,"Do Not Autopost","do-not-autopost",{"id":109,"name":110,"slug":111},320,"Inventory","inventory",{"id":113,"name":114,"slug":115},321,"Agent Value","agent-value",{"id":117,"name":118,"slug":119},322,"Affordability","affordability",{"id":121,"name":122,"slug":123},323,"Buying Tips","buying-tips",{"id":125,"name":126,"slug":127},324,"Downsize","downsize",{"id":129,"name":130,"slug":131},325,"Economy","economy",{"id":133,"name":134,"slug":135},326,"Equity","equity",{"id":137,"name":138,"slug":139},327,"Forecasts","forecasts",{"id":141,"name":142,"slug":143},328,"Selling Tips","selling-tips",{"id":145,"name":146,"slug":147},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":149,"name":150,"slug":151},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]