The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (871)	9/22/2001 7:40:52 PM
From: Sam Sara	Read Replies (1) of 306849

Thanks for thoughtful reply. I have been contemplating a home purchase, but I believe time is not quite right. NVR builders (as I am sure you know) has much of its business in Wash DC area. I watch it for clues to the future of local real estate market. Insiders are voting quite strongly as to what they expect local real estate market to do: biz.yahoo.com Also worth looking at is chart of NVR: bigcharts.marketwatch.com Change time frame to 1 decade and it looks like a tech stock in the beginnings of a crash, when Naz was at 4500. No chart that looks like that is sustainable. They all give back a large portion of gains, only question is when. I agree that timing real estate is hard- nonetheless, given present conditions, I am content to wait. I am confident that lower prices lie dead ahead.

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