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: GraceZ who wrote (31492)	5/18/2005 5:06:12 PM
From: CalculatedRisk	Read Replies (3) of 306849

I didn't start posting on this thread until this year. This reminds of the NAZ bubble ... most people on SI were right, but too early. I rode the bubble until Dec '99 / Jan '00 ... and even then I was a little early. Speculation is the key. Last month I wrote about the impacts of speculation (posted on Angry Bear): angrybear.blogspot.com IMHO we are now close to at least a slowdown in housing. The new agency guidance might be the turning point. I still think the data to watch is New Home Sales (existing, permits, etc. have historically been useless). And right now New Home Sales says housing is STRONG. Best to all.

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