| Search by tag or site | Login to my blog ? Start my own blog |
 |
Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
A BUYER'S MARKET? WHERE?
Posted on 10/29/2006 23:11 PM | Link | Post Comment
According to the U.S.A. Today, it's starting to look like a buyer's market. In places like Miami and San Diego, where inventories are very high, I say that it's not time yet. And, don't hold out for foreclosures because banks have no desire to take losses. At least not yet.
Note the low inventory levels in San Francisco & Boston. The graph displays a break at 6 months. The reason is that 6 months is generally seen as equilibrium between buyers and sellers.
Missing form the list is Phoenix! I can tell you that we are about 8 months. From the bottom of 2005 (4500) to right now (45,000), our inventory has increased 10 fold. Being number 2 on the The 10 best U.S. cities to find a job list will help cut that number as well as the fact that 8600 people move here each month.
click here to enlarge
Note the low inventory levels in San Francisco & Boston. The graph displays a break at 6 months. The reason is that 6 months is generally seen as equilibrium between buyers and sellers.
Missing form the list is Phoenix! I can tell you that we are about 8 months. From the bottom of 2005 (4500) to right now (45,000), our inventory has increased 10 fold. Being number 2 on the The 10 best U.S. cities to find a job list will help cut that number as well as the fact that 8600 people move here each month.
click here to enlarge
- Magaizne Indicator Is Here
- Today's Open: Bounce Up
- Canslim.net Morning Comment And Links (for Traders)
- How Certain Investments Did Last Week
- "Putting A Price On Happiness"
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- Millionaire Now!
- The 7 Steps to Millionaire Now!
- Build Your Financial Plan
- RETIRE RICH: Survival Guide
- ASSET ALLOCATION MODEL
- THE BIG ROLLOVER IS HERE
- THE END OF THE GRAND SUPERCYCLE?
- The Confused Capitalist
- Counter Intelligence: The Real Estate Cafe Weblog
- Credit Bloggers
- Wishing Wealth
- Edmonton Real Estate
- Don't Mess With Taxes
Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Sat Oct 04, 2008 10:41PM
When I first started Day Trading I traded anything that [read more]
When I first started Day Trading I traded anything that [read more]
Morpheus Trading - Thu Oct 02, 2008 08:58AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
<< My Home | TheMoneyBlogs Home