Homes within $200K of FHA are selling; anything above that are cash deals. Totally unsustainable. Wait for the 2019 recession and 10% YoY price declines.
Nice, I hope you are right, I will then buy a beach house. I'm not as bearish as you are though, much more optimistic.
Not the only edge but if you don't have this one the others are worthless. Yesterday should have taught us nothing at all - naturally I got stopped out but that's what I wanted.
i did a lot of testing over 30+ years and i have found that a 2.5% stop below something like a 21 day moving average price should always be a reality check it's not getting better.