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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Drygulch Dan6/24/2005 5:39:12 PM
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Here's another over the top data point for the bub bub bubbly inclined.

The Drygulch Index turned downwards this week with a vengeance.

End of week closing price: $1,566,900.00

Down -$29,569.98 (-1.85%) for the day.

Down a staggering -$77,120 from last week's end of week value. Ouch! (Hint, Better not tell the wife you lost all that in one week.)

Yet still up $173,155.00 (+12.42%) from April 8th.

Could be time to sell for those without the requisite intestinal fortitude. In other words, take the money and run!
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