i'm keeping a file with all homes for sales in my zip code. it's all time high now. same for rent-houses available for rent-also all time high. if things are great and prices moving higher and overall situation is improving-then why everyone is selling?
Definitely didn't see that coming. Anyway, I found that thread I mentioned. It's a fascinating read now; there were so many prescient comments by a number of posters. Definitely worth a perusal. http://www.elitetrader.com/vb/showthread.php?s=&threadid=6421&perpage=6&pagenumber=3
That's fucking scary... Housing boom part 2 has arrived. Its happening near me...contractors bought a house near me for about $220,000...fixed it up and have it on the market for over $500,000. Thank BUBBLE Ben bernanke for this new bubble They keep saying they have an exit plan ...that's one big fucking lie. These numbers are showing proof that's its time to cut QE immediately from the system .....
it's a lot more scary than you think the sky is actually falling and it is going to fall on everybody who is not as smart as you so that means you are going to get screwed (think about it)