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To: Frank Ellis Morris who wrote (50591)3/28/2001 6:05:31 PM
From: tonyt  Read Replies (2) | Respond to of 77400
 
re tends to follow a fall in the mkt 6mo to a year later. The best way for you to determine if you should wait is to look at what happened to re after previous mkt falls. However, if the mkt does recover, then re will be ok. And as a plus, rates are low. Also a lot has to do with with what you are selling. If the re mkt falls and you end up overpaying, at least you end up getting overpaid on the house you sold. good luck.



To: Frank Ellis Morris who wrote (50591)3/28/2001 6:31:30 PM
From: Mike M2  Read Replies (2) | Respond to of 77400
 
Frank, I would wait for real estate to fall. take a look at gary Shilling's book " Deflation" p. 163 and see his chart of the Nikkei and Japanese land prices. granted Japan RE was an extreme ezample but the correlation is revealing. mike


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