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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (336)	8/27/2001 6:09:05 PM
From: Timetobuy	Respond to of 306849

If housing was going to continue to roar ahead as well as the builders are trying to say it will, these stocks would be higher. Many are where they were in Nov. to Jan. The more expensive homes are first to be hit, but the mid level homes cannot go up without the upper end homes going up, because no one would pay as much for a mid level home as an upper level home. It's not different this time. Lay offs continue and it will affect housing. Whether home prices come down, is up to speculation, but growth rates slowing is not.