I took you up on your challenge. No reply. What gives?
OK... OK...
To formalize the challenge:
IF the OFHEO reports (at about 5/15/2007) that median home prices have increased in the first quarter of 2007 from the last quarter of 2006, THEN you will owe me a limerick extolling my wisdom, etc., which shall published on one of FR's housing threads.
IF the OFHEO reports that median home prices have decreased in the first quarter of 2007 from the last quarter of 2006, THEN I will owe you a limerick extolling your wisdom, etc., which shall be published on one of FR's housing bubble threads.
Deal?