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

To: Les H who wrote (86100)	8/19/2007 1:44:20 PM
From: Les H	Read Replies (1) \| Respond to of 306849

If sentiment goes above 8, is that a strong buy?

To: Les H who wrote (86100)	8/19/2007 2:43:23 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

Les, that's an interesting CTX chart. Shows just how far sprawl has stretched outside of the urban core. Stephens City, VA???? Bristow? Yikes. Sounds like another planet. It will take a while for those CTX homes to get sold--growth has a lot of catching up to do to match the level of real estate development that started in the past several years. Too bad CTX couldn't find some land still left inside the Beltway and build some houses that people could actually use and want to buy.

To: Les H who wrote (86100)	8/19/2007 4:28:05 PM
From: Lizzie Tudor	Respond to of 306849

same story here on the new developments. They are way out there in the outlying areas. For a while Lennar was listing its Stockton developments under the "SF bay area" - hah what a joke. I think these new developments out in the middle of nowhere are like the "pets.com" of this cycle. Yes they are homes but worth what exactly? I'm not sure what those will do to the desirable area as far as pulling down the median though. Hard to say.