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


To: Sam Citron who wrote (6864)11/15/2002 2:36:52 PM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
Home sales decline, or remain constant, while inventories increase.

This leads to price declines when some sellers actually wish to sell, rather than merely "exposing their property to the market" like some endless real estate burlesque show.



To: Sam Citron who wrote (6864)11/16/2002 4:31:05 PM
From: nextrade!Read Replies (1) | Respond to of 306849
 
But Wayne Ayers, an economist at FleetBoston Financial Corp...We're in no danger of falling off a cliff,'' said Ayers

Let's save that comment for future reference <G>