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

To: patron_anejo_por_favor who wrote (54911)8/16/2006 6:53:26 PM
From: regli  Respond to of 116555
 
I hope for both and a few others!



To: patron_anejo_por_favor who wrote (54911)8/17/2006 6:05:18 PM
From: Elroy Jetson  Respond to of 116555
 
This "Race for the Exit Door" chart from the Wall Street Journal is worth re-posting, and tells it all.



Sales slow as prices rise, and continue to slow as they fall.

Once prices fall beyond a certain point, the number of homes for sale will decrease dramatically.

Then the foreclosures hit the market, and the number of homes for sale rise again.
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