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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (61900)5/24/2006 2:47:57 PM
From: James M. Belin  Read Replies (1) of 110194
 
To all:

I just got an e-mail from my realtor friend, who continues to be bearish on Phoenix real estate. During the past 30 days, there has been a surge of residential home sales. However, INVENTORY OF HOMES FOR SALE AS OF TODAY IS 39,722. This is an all time high.

Jim
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