[gdcox]

Which market. Sale or rental?

Just becuase there a lot of properties on the sale market does not mean resnt will go down on average over the whole rental market. It could mean the opposite as those who lose their homes and the increasingly large number of patientlywaiting need somewhere to live and the supply of properties for rent might jsut be reduing as landlords are nervous to add properties yet to their portfolios.

The bottom line…..have you researched the rental market and its dynamic in the that area . maybe that area will be weak while the rest is strong for a special reason.

[gdcox]

Which market. Sale or rental?

Just becuase there a lot of properties on the sale market does not mean resnt will go down on average over the whole rental market. It could mean the opposite as those who lose their homes and the increasingly large number of patientlywaiting need somewhere to live and the supply of properties for rent might jsut be reduing as landlords are nervous to add properties yet to their portfolios.

The bottom line…..have you researched the rental market and its dynamic in the that area . maybe that area will be weak while the rest is strong for a special reason.

[gdcox]

Which market. Sale or rental?

Just becuase there a lot of properties on the sale market does not mean resnt will go down on average over the whole rental market. It could mean the opposite as those who lose their homes and the increasingly large number of patientlywaiting need somewhere to live and the supply of properties for rent might jsut be reduing as landlords are nervous to add properties yet to their portfolios.

The bottom line…..have you researched the rental market and its dynamic in the that area . maybe that area will be weak while the rest is strong for a special reason.

[gdcox]

Which market. Sale or rental?

Just becuase there a lot of properties on the sale market does not mean resnt will go down on average over the whole rental market. It could mean the opposite as those who lose their homes and the increasingly large number of patientlywaiting need somewhere to live and the supply of properties for rent might jsut be reduing as landlords are nervous to add properties yet to their portfolios.

The bottom line…..have you researched the rental market and its dynamic in the that area . maybe that area will be weak while the rest is strong for a special reason.

[gdcox]

Which market. Sale or rental?

Just becuase there a lot of properties on the sale market does not mean resnt will go down on average over the whole rental market. It could mean the opposite as those who lose their homes and the increasingly large number of patientlywaiting need somewhere to live and the supply of properties for rent might jsut be reduing as landlords are nervous to add properties yet to their portfolios.

The bottom line…..have you researched the rental market and its dynamic in the that area . maybe that area will be weak while the rest is strong for a special reason.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

[gdcox]

As the extremely choppy decline of the stock market shows, there are always a significant number of people who either think the bottom is near or are scared the bottom is near and jump in prematurely. The stock market even has name for it: ‘value traps’ . I have made such mistakes in the last six months as individual stocks looked very attractive only for them to be dragged down because the market wide macro forces are too strong . The analogy to the real estate market is quite neat, with the added genuine difference that some people just love a house and will buy and not be too bothered if it falls in value.

Unlike the readers of these pages, many of those who visit open houses , as the realtors report, do not have the benefit of advice as to the level of the market in relation to long term drivers. And the realtors don’t want them to be . If they had any guts , they would have invited Rich , for example, to their conference with along Q&A session alongside their ex-realtors’ association economist.

[gdcox]

SD Realtor.
Sympathetic with your viewpoint, but only so far as sales are a pre-requisite to recovery in today’s extraordinary situation.

Is not the situation plausible where deep price cuts finally persuade buyers to emerge and sales rise (stage 1). Maybe the rate of price declines slows a bit but prices could still go down futher but then recover if sales stay at higher levels.

The Eastlake figure may indicate the first stage?

[gdcox]

SD Realtor.
Sympathetic with your viewpoint, but only so far as sales are a pre-requisite to recovery in today’s extraordinary situation.

Is not the situation plausible where deep price cuts finally persuade buyers to emerge and sales rise (stage 1). Maybe the rate of price declines slows a bit but prices could still go down futher but then recover if sales stay at higher levels.

The Eastlake figure may indicate the first stage?

[gdcox]

SD Realtor.
Sympathetic with your viewpoint, but only so far as sales are a pre-requisite to recovery in today’s extraordinary situation.

Is not the situation plausible where deep price cuts finally persuade buyers to emerge and sales rise (stage 1). Maybe the rate of price declines slows a bit but prices could still go down futher but then recover if sales stay at higher levels.

The Eastlake figure may indicate the first stage?

[gdcox]

SD Realtor.
Sympathetic with your viewpoint, but only so far as sales are a pre-requisite to recovery in today’s extraordinary situation.

Is not the situation plausible where deep price cuts finally persuade buyers to emerge and sales rise (stage 1). Maybe the rate of price declines slows a bit but prices could still go down futher but then recover if sales stay at higher levels.

The Eastlake figure may indicate the first stage?

[gdcox]

SD Realtor.
Sympathetic with your viewpoint, but only so far as sales are a pre-requisite to recovery in today’s extraordinary situation.

Is not the situation plausible where deep price cuts finally persuade buyers to emerge and sales rise (stage 1). Maybe the rate of price declines slows a bit but prices could still go down futher but then recover if sales stay at higher levels.

The Eastlake figure may indicate the first stage?

[Author]

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