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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Dave Gore who wrote (20477)1/10/2002 12:55:04 AM
From: LTK007  Read Replies (2) of 99280
 
<<Mishedlo, its possible you're right, except for one thing - the housing market is not really slowing. In fact it is up over 2000 just about everywhere I looked, Florida, Ohio, Wash State, etc. Even in my area which we have the highest unemployment in the country, real estate is still doing well and up significantly from last year.>> Dave my feeling in a word is "TOPPY" regards housing market.
This is a cyclical ,boom/bust area to the extreme and no one knows this more than the builders themselves.
And they know themselves this is TOPPY and can turn to a reverse trend on a dime.The mad rush this year was driven by a heavy carrot to get people to buy now.That carrot may well now be eaten--we will see.Max
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