Traffic was very light in early afternoon
on Monday...
It was nice going in stores with very
few people shopping...
Lighter than it should be even after
a busy weekend...
It tells me that even most late, tax
refunds are likely spent by now...
Which also tells me that used car
prices now start their price slide
for most of the rest of the year...
Efficient gas use autos should buck
the price downtrend while bigger suvs
and trucks will suffer more price falls...
Constantly rising gas prices do move
consumer spending habits in autos...
No one wants a used EV with high
price battery replacement costs if
one or more goes bad though...
Overall, the abundance of many used
items that peeps are swapping in public
forums have seen low price trends and
that helps avoid higher new cost pricing
when budgets get tighter...
Goofy, way over priced raw land prices
still buck the overall trend in pricing
that I've been watching...
Land that is Near a Creek,blah, blah, blah...
So we watch...LJ
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