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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (75322)	6/16/2011 11:03:39 PM
From: TobagoJack	1 Recommendation Respond to of 219592

just out send-tray, the boyz doing a spot of compare and contrast macro From: J Sent: Fri, June 17, 2011 10:17:39 AM Subject: Re: Comments - Week of June 13 i would guess that over the same 12 months that - 50% of hk real estate is for cash - days on market is 30 days - medium average price is back to 1997 obvious conclusion: has a ways to go still cautionary observation: i picked up daughter from geewhizbang boutique math tutor yesterday afternoon at mid-levels and note that every other shop front is a real estate agency office just like it was back in the glory days of 1997 let us pray for a correction, even if of biblical proportions, else the upside would only be another 100-200% as yields continue to plummet in alignment with usa imperative to defeat deflation and china prerogative to enhance growth, guard stability, and enable reform on math tutor and such, we enrolled erita at calligraphy sessions and math tutors because she asked to be enrolled so that she would do well at school even as she is youngest in her class (erita was born october 6th) jack would not have to enroll in such should he be not keen i am not married to a tiger mom i have a tiger daughter From: M Sent: Fri, June 17, 2011 9:42:27 AM Subject: Re: Comments - Week of June 13 Knoxville housing stats out today. (note: I have data for the past 11 years) In the past 12 months, 25.9% of all homes sold were sold for cash. Financed home sales = 590 per month, record low (was around 700 per month in 2001). Days on market (12 mo. avg) = 123 days, a new record high. Median and average price sold is very flat for the past year or so....prices aren't dropping, but volumes are.... Total real estate volume is back to 2003 levels - doesn't make for happy real estate brokers. Median price and average price is back to early 2006 levels and down 10% from peak levels of late 2007. Obvious Conclusion: Market isn't clearing very fast and this is going to take many more years.....no wonder the Fed wants more inflation.....

To: 2MAR$ who wrote (75322)	6/17/2011 12:01:12 AM
From: Cogito Ergo Sum	1 Recommendation Read Replies (1) \| Respond to of 219592

Whenever I hear about Greenspan speaking these days I wonder... why ? 1) is he relevant ? 2) is he trying to salvage his rep ? 3) is he just a hired mouthpiece for someone's agenda :O) Sure hope he is better at recession spotting than bubble spotting :O)