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


To: Jim McMannis who wrote (217158)8/24/2009 3:23:54 PM
From: patron_anejo_por_favorRespond to of 306849
 
If that's true (and I believe it is), then TOL would be an excellent short right here, along with the high end furnishing companies (at least the ones still in business that ran up on fumes). TPX poots anyone?



To: Jim McMannis who wrote (217158)8/24/2009 3:31:46 PM
From: Smiling BobRead Replies (2) | Respond to of 306849
 
U.S. Existing Home Sales Yr/Yr
$0 - $100,000 Up 38.8%
100,000 - $250,000 Up 8.7%
$250,000 - $500,000 Down 6.2%
$500,000 - $750,000 Down 8.9%
$750,000 - $1,000,000 Down 10.6%
$1,000,000 - $2,000,000 Down 23.3%
$2,000,000 + Down 32.4%

Source: National Association of Realtors