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: TheStockFairy who wrote (903)	10/5/2001 7:14:20 PM
From: Tradelite	Read Replies (3) of 306849

Notice that the "crash index" is down a little over $2k since its inception.....also notice most of the drop involves two retailers (Home Depot & Lowes). Wondering about this phenomenon, as I follow the real estate market pretty carefully. Should I short retailers or stop owning real estate? Would appreciate opinions on this. I think HD is somewhat dead because of over-valuation. But it keeps jumping up a little every now and then. Then, I read in the Wash Post today that northern NJ real estate is going up in price as people migrate away from NYC. What's up with that? Can anyone confirm? Also see that an apartment REIT which owns luxury apt. complexes in Texas, Fla, GA, and Wash DC (SMT) has warned about earnings, but the stock doesn't look weak. This is a strange market. Someone needs to explain it to me. <gg>>

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