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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (54986)	3/1/2006 5:47:47 PM
From: UncleBigs	Read Replies (1) \| Respond to of 110194

Ramsay...what is the social mood like in San Diego right now? Any nervousness or signs of cutting back on debt and consumption?

To: Ramsey Su who wrote (54986)	3/1/2006 6:17:16 PM
From: orkrious	Read Replies (1) \| Respond to of 110194

Despite a bunch of glowing headlines, HOV doesn't look so hot. The backlog is going to start shrinking biz.yahoo.com Backlog: Jan 06: $4.9 bil Oct 05: $5.1 bil New order $ Jan 06: $1,262 mil Oct 05: $1,803 mil New order units Jan 06: 3,624 Oct 05: 5,305

To: Ramsey Su who wrote (54986)	3/1/2006 9:28:48 PM
From: Martin Ray	Read Replies (1) \| Respond to of 110194

Hi Ramsey, I saw this today in the Miami Herald (for some unknown reason I am unknown to SI at this time except through this new account, or I would have sent this item 12 hours ago, not that this is important). If I were to look elsewhere in this great newspaper The Miami Herald I can guarantee there will be other stories about how hot the market still is. But this story was on the actual front page of the paper.....the English version.......maybe they use the same accounting firm as the Bureau of Labor Statistics.....? Here is the URL: miami.com and here is some of the article...... Best Regards, Martin Thomas <<<<<<>>>>> REAL ESTATE S.Fla. hot housing market cools off January saw double-digit percentage drops in home sales for Miami-Dade and Broward counties, and price increases stalled -- further evidence that the red-hot housing market has cooled. BY DOUGLAS HANKS IIIdhanks@MiamiHerald.com January existing-home sales plunged in South Florida as the real estate market continued to shift from go-go to so-so. Real estate agents sold 36 percent fewer Broward County houses than they did a year ago, and year-over-year sales dropped 28 percent in Miami-Dade, according to the Florida Association of Realtors. The housing market also continued its month-to-month slide, with Broward sales down 17 percent from December and Miami-Dade sales off 13 percent. 'Nothing lasts forever,' said Bob Tenace, whose Century 21 brokerage in Coral Springs is raffling off a Lexus to attract more clients. ``Overall, the activity is still there. It's just a market coming back into reality.' Prices continued to show steep gains over 2005, with the median January sales price increasing nearly 30 percent in 12 months. But house prices remained flat from December: down from $377,700 to $376,300 in Miami-Dade; and up from $369,000 to $370,500 in Broward. BACK TO REALITY The January figures offered the latest evidence of a fundamental shift in South Florida's real estate market, which ......snip..........and so on and so forth and did you know that Jeb Bush channels some dude as his Spiritual Advisor? And now that they have chopped down every single private citizen's citrus trees, they (the govt) say it's OK to plant them again--you heard about the showdown Jeb got into between Pembroke Pines Police and his State Police over the Terri Schiavo thing? Jeb lost......no kidding, two police depts. staring down face to face to kidnap Terri and put the tube back in.....the State Police were told to leave or be arrested.....by the local cops. Eye Witness was my next door neighbor. What a joke. But it's real, so it's a nightmare. I'm going back into my bunker. later, gator. mt