Lots of Housing Futures Press

From FT to the New York Times, everyone is talking about hedging the housing market. Will it be enough to make the market liquid and bring retail client? We'll see.

Here is the latest one. http://rismedia.com/index.php/article/articleview/14594/1/1/

It may take years before anyone knows whether housing futures succeed, analysts said.

"There are some contracts that come out of the gate and do very well and gain traction very quickly," said Craig Pirrong, a professor at the University of Houston's Bauer College of Business. "By the nature of the beast, this would likely take time to build."

And the uncertainty is even greater for housing, since it is a market unlike any other the large futures exchanges have tried. Said Srinivasan: "Here, we are in uncharted territory."

Also note the explanations of the basics of futures contracts in the article, clearly this is not aimed at a sophiscated investor.