My original goal is setting up this site in 2010 was to foster discussion about the Case Shiller futures that trade on the CME (and where I am the independent market maker). With the pending launch of the RPX housing contract on the CBOE (for Thursday Feb 2), the growing interest in options, and the rise of “home price protection” products, I intend to expand this mandate to a broader discussion of home price derivatives. As before, my goal is to faciliate a better understanding by academics, regulators, policy makers, interested parties in housing transactions (e.g. buyers, sellers, lenders, MBA, NAR), rating agencies and traders, in the markets for home price products. Please feel free to email me with questions or suggestions at johnhdolan@homepricefutures.com . You can sign up for Twitter updates at @HomePriceFuture.
CBOE/Radar Logic announce launch of RPX futures. Feb 2 start date.
January 26, 2012, 1:05 pm
I am pleased to hear that the CBOE announced today that they will start trading in RPX futures on Thursday Feb 2nd. The RPX index is a product of Radar Logic. RPX traded quite actively OTC (over-the-counter) when launched in… Read More
Book review- The Wealth & Poverty of Regions: Why Cities Matter (Polese) !!!
January 26, 2012, 8:00 am
I want to put in a plug for a book I finished last week that is incredibly relevant to anyone thinking about the differences in long-term forward regional home prices. The book, The Wealth & Poverty of Nations: Why… Read More
Recap of Tuesday Jan 24
January 25, 2012, 3:47 pm
Despite the fact that there were no trades, I continue to see great progress in bid/ask spreads on the Case Shiller contracts. Strong increases in bids on the DEN contract, lower offers on SFR and improvements on both sides of… Read More