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

To: STEVE who wrote (16108)	1/16/2004 12:27:16 PM
From: George8	Read Replies (1) \| Respond to of 306849

Steve: Here is a little trader's talk on RE market. I'd buy "desirable town or area" during an oversold spike bottom, and not during an overbought spike top. A good example is buy San Diego in 1992/93. Another good example is buy Ridgewood in 1994/95. During a market top, for primary residence, I'd buy a little less developed area with growth potential. A good example is buy Rockland County, NY in 1998-2000 instead of Bergen County, NJ. I do not think anyone should be renting one's primary residence at all. George