Chicago Mercantile known to let the house prices… drop
According to Traders bet prices will fall 14.4% by 2011:
Traders on the Chicago Mercantile Exchange are betting that Denver-area home prices will drop an average of 14.4 percent between now and 2011.
What exactly does the Chicago Mercantile Exchange know about real estate futures anyway. A LOT. They trade several types of financial instruments: interest rates, equities, currencies, commodities, and real estate derivatives.
If you’re familiar with Beastie Boys then you should know where I came up with the title (hint: Intergalactic)
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Tagged with: denver • rate • real estate • va
Filed under: mortgage • real estate
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