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

To: damainman who wrote (71919)	2/11/2007 4:54:45 PM
From: Elroy Jetson	Respond to of 306849

Kenneth Fisher, of Forbes, is very disingenuous. Housing sales are down from the same time last year. Of course housing sales are higher in February than they are in January and December - they always are. It doesn't mean the price decline in housing is ending, it simply means the normal selling cycle continues, just as it did during the last major decline in real estate price. .

To: damainman who wrote (71919)	2/11/2007 5:00:05 PM
From: John Chen	Respond to of 306849

damainman,re:"somebody just reads headlines". Talk about 'pick your time'. On 6 month yahoo chart, TOL is about even or less. Now if you slide a little forward to the low of $36, then yeah, then it's up nicely. Other than a few weeks ( less than 4 ), majority of them is down. If you move backward 12 to 18 months, then you can see the soft landing. Unless history is rewritten, this baby still has a decade or more of soft landing to go. But that's good for the economy when liquidity not trapped in "non-movable asset". Example: Buyer has 200K to spend on housing, if he spend 160K on the house, then 40K can be used to purchase furniture, house maintainance, invite friends to come over for a good dinner on nice furniture, big screen TV. If buyer spent all 200K on the house, then sleep on the floor, no nice thing to invite friends to show for, except the big mortgage paper. Worst if the 'seller' is investing in RE, more money keep roll in (tied up) in the same old 'non-movable asset' just because of too much 'liquidity', NG.