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

To: Wyätt Gwyön who wrote (64978)	6/30/2006 10:58:43 AM
From: UncleBigs	Read Replies (1) \| Respond to of 110194

when real estate prices start to seriously decline, the inventory numbers will explode higher. real estate is THE retirement plan for a lot of people. They feel they can spend everything they make because their house can fund retirement. when that appears to be in jeopardy, they will panic. I think it's a good time to start a real estate auction business.

To: Wyätt Gwyön who wrote (64978)	6/30/2006 11:09:45 AM
From: Ramsey Su	Read Replies (1) \| Respond to of 110194

your sister is very smart in not listening to you, if it is her principal residence that you are trying to tell her to sell.

To: Wyätt Gwyön who wrote (64978)	6/30/2006 11:31:35 AM
From: John Vosilla	Respond to of 110194

Inventory seems to be going up on average 5% a month nationwide from numbers I track by Ziprealty. (up 15k in 10 days to 863k last I checked) I've also seen a 20% increase in homes for rent in the Texas markets in just two months which now seems to be the last ditch effort by California investors to place 1031 exchange or home equity money out of state. A giant margin call seems a certainty within 12 months from all this excess. The homebuilders leading the pack down. Oddly they will probably be hurt the least discounting and clearing out inventory while the speculators, distressed homeowners and folks in the RE trades still partying like 1999 not too long ago will suffer the most. When you see how far their stock prices have already fallen you can see how bad it will be for everybody else.