Berkeley Real Estate Blog

September 3, 2006

A New Kind Of Home Owner’s Insurance

Filed under: Uncategorized — serkes @ 10:32 am

You’ve bought a Rockridge home, and when prices go up, you’re delighted!

What if you want to insure yourself against a drop in prices? You just might be able to in the future.

Kathleen Pender wrote an interesting article”Trading on price of homes” in which she describes how you can purchase a “futures and options contract on home price indexes

I always tell our buyers that I know exactly what the value of their home will be when they’re ready to sell it.

They look at me in amazement.

And I tell them “Different”

Anything other than that and my crystal ball gets very fuzzy.

But with a home-price-futures policy… you might have 20:20 vision for 2020 home prices.

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: