jg, I just received my copy of Campbell’s book today, and just a couple chapters into the book, I am a devout fan. I can’t wait to finish it. So far, I think the guy is brilliant.
Anybody who says you can’t time the real estate market, needs to read Campbell’s book first. I don’t blame you for not believing my prior posts, claiming I could time the real estate market, because I have not given you the graphs yet to show my method will work. But Campbell has! I can’t believe I didn’t get his book last year…
jg, could you post your graph. Use the “add image” option below the Comment box. That takes you to a new screen, where you can give the name of your file.
I drew a graph to picture your description, but I am not sure how the price and sales change on the way up, so a more detailed description, or a graph, would be helpful to me.
On the way down, it sounds like prices lag sales by 2 years.