Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (52611)	6/20/2006 12:44:05 AM
From: Elroy Jetson	Read Replies (2) \| Respond to of 116555

The number of homes being newly offered for sale here in Los Angeles has been almost non-existent for the past several weeks. Prices are dropping and no one wants to sell for less. This happened in 1990 as well. Sales volume dropped dramatically until the foreclosures began. Then you started seeing a lot of homes for sale as people who were just hanging on realized the futility of doing so. Buy high, sell low - something most people are expert at accomplishing. .