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

To: Lizzie Tudor who wrote (38943)	8/24/2005 2:59:19 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

Shorted some KBH at 72.70...1/2 position, will probably fill it out after the TOL earnings tomorrow....

To: Lizzie Tudor who wrote (38943)	8/25/2005 12:48:44 AM
From: Live2Sail	Respond to of 306849

Lizzie, I'm a longtime lurker. I live closer to the true heart of Silicon Valley than you. I closely tracked purchase and rental prices for homes from 2000 until now. I am not seeing what you're seeing from Sunnyvale to Redwood City. Rental prices are firm to strong for homes with 3bd+. Rents started to firm in late 2003. Rental availability is currently lowish. House prices are non-sensical and inventory is low. Perhaps San Mateo is having an issue, but south of there, where the real action is, is not having an issue. Perhaps because Google is located in Mountain View and is hiring like mad, and United Air is in San Mateo and not hiring like Google. There appear to be no cracks within a certain radius of google. Please note that I'm a housing bear. L2S

To: Lizzie Tudor who wrote (38943)	8/25/2005 6:12:03 PM
From: David Jones	Respond to of 306849

I see now and can understand your dismay. It sure could be called a renters market, which puts emphasis on keeping good tenants. >>>>I think the thing to do now in this area is sell your house, wait and rent.<<<<< My thinking is this: I posted here once that one has to hold till everyone else thinks your nuts. I did but I don't think it's evidence of any great thinking just ability to claw out a living. It's what I think of or refer to as holding power. Protect yourself form property poor the cycles are far apart and the wait is painful! But don't bail out all together if you can help it. By the way was it your cousin looking to purchase last year or so ago? And did he, she, or they buy a place in Mountain House? Do you recall that exchange we had?