Gamblers turn to housing Premium Content

New venues make it possible to wager on home prices

Inman News®

San Francisco broker-investor Carl Wescott thinks he has a good feel for the real estate market. So when he learned he could speculate on the market at HedgeStreet.com, he took the plunge.

Wescott bet $4,000 that the median price of a single-family home in the San Francisco area wouldn't rise above $729,000 in the third quarter of this year.

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