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

To: Think4Yourself who wrote (202376)	5/15/2009 11:01:03 AM
From: Smiling Bob	Respond to of 306849

I am on the front lines It ain't pretty. So far, for first half of May, we did what used to typically be one day's sales. Floor traffic and phones are dead. Considering what the govt's reporting with fractional declines and WMT even only meeting numbers, we've a long way to bottom. Close up 1/3 to 1/2 the retail stores and then we can revisit the concept of a bottom.