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dmiller

12/31/05 8:48 AM

#137854 RE: BondGekko #137850

OT...Spree housing has leveled off. Yes prices are still through the roof in some areas but sales are down pretty much across the board. (when compared with sales from last year for the last couple of months) Inventories are rising and the next natural step will be for prices to come down.

We will soon be in a "Buyers Market" in many markets. I see the signs everyday.

In South Florida housing resales for November took the biggest drop since the mid 1980's. I would imagine a certain amount was due to hurricane Wilma.