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 (21929)	7/5/2004 1:19:06 PM
From: SouthFloridaGuy	Read Replies (3) of 306849

Trade, Yes I know real-estate swells. But I have been watching these figures for 5 years now and this is the most inventory I have seen on both an absolute and relative basis by about 30%. In some of the top areas, inventory is up 2-3x. On an absolute basis, we're not talking about many homes, but still, I never imagined that many would ever be for sale and not selling I may add. Not trying to make a blanket statement for the nation as a whole, but given Long Island as one of the pinnacles of the bubble pockets, I find it rather interesting to see this phenomena.

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