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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (30850)10/20/1999 8:55:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 99985
 
TW,

Here in southern NH I see tons of signs and they are staying on older homes that nobody wants. Newer <10years homes are not staying on the market. I think we will top here in the next few months as winter sets in. Then everybody and their bother will be looking to sell this spring.



To: Terry Whitman who wrote (30850)10/20/1999 9:02:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Terry I think NYC is starting to soften e.g. people can again hagle. Rentals are also slowing a bit.

This summer there was competition who will pay above the asking price.

Haim



To: Terry Whitman who wrote (30850)10/20/1999 10:16:00 PM
From: LLCF  Read Replies (1) | Respond to of 99985
 
They're building like nuts here in Chicago.... can't last at this pace, but builders are just carps... keep sucking until the buyers are gone, then swim away. Who cares if you're in the middle of a project, let the bank finish it. It'll be no different this time, except maybe that there won't be any baby boomers home hunting to fuel the next upturn, everyone I know has at least one new home, and a couple of new cars! Wall street know's it too, look at the car and housing stocks!

DAK



To: Terry Whitman who wrote (30850)10/21/1999 8:33:00 AM
From: Amelia Carhartt  Read Replies (1) | Respond to of 99985
 
Terry:

I live on the coast 60 miles North of LA and our market has definitely peaked. In point of fact it was reported in yesterday's news paper that sales had slowed appreciably.