Time to invest in real estate or stay away from it?
Karen Zuba
Mar. 26, 2007

The new home sales figure shows deepening crisis with largest number of unsold homes in the last sixteen years and rapidly falling prices with lower confidence in the real estate market.

But from the contrarian point of view that may be the ideal time to buy the real estate. The real estate price can actually go up for some time. The market always fools people. The sentiment is decidedly negative. The brokers cannot find sales person. People are just not interested in residential real estate anymore. Interestingly, the commercials however are long massive number of lumber future contracts. That raises the question if the gloom and doom in real estate is real.

Some analysts believe, the bubble has definitely collapsed. But the inherent demand for homes and shortage in supply will create a soft landing from here. After some considerable base building, the real estate market will go up again.

That is exactly what happened in Britain.The British real estate market topped out long before the US market. Now the residential real estate is booming again.

Time to invest in real estate or stay away from it?
Karen Zuba
The new home sales figure shows deepening crisis with largest number of unsold homes in the last sixteen years and rapidly falling prices with lower confidence in the real estate market.
READ MORE>>

Oil nears high as gasoline stockpile report will show adequate supply due to cooling economy
Sonia Abazedi
Tomorrow the gasoline stockpile report will show adequate supply due to cooling economy. It will drag gasoline and crude process down. The diplomats are eager to work a deal to free the British soldiers held by Iran.
READ MORE>>

Asian Development Bank acknowledges slowing world economy but fails to recognize deflation that is creating the scenario for worldwide depression
Peter Oberois
The slowdown will accelerate. The ADB fails again to understand the same. Last time they said the growth will be rapid and at record levels. Now they have started revising it downwards. The worldwide depression is imminent.
READ MORE>>

Collapse in new home sales manifests deflation and economic depression in 2007-2012 – Dow can fall below 1700
Sam Adelton
Finally the Fed and the Wall Street’s billion Dollar Gurus are coming to understand what we have been saying in India Daily for long time. The world economies are headed for a deflation driven depression.
READ MORE>>

UK home price increase hits record – US market can follow the trend setter in Europe
Karen Gonzales
The US housing market can potentially follow the UK market. The lumber futures contracts held by the commercials point to a building pressure on the demand for lumber.
READ MORE>>

The data this week will point to a recovering economy – are you long dollar yet?
Paula Zuba
Are you long the dollar index? The smart money is planning to go long on dollar early morning on Tuesday with collapse in consumer confidence.
READ MORE>>

Consumer confidence crashing as home prices continue to fall and people start losing their underemployed jobs - Confidence-Conf. Board data will confirm
Peter Oberois
As people struggle to come up with cash to debt service the second mortgage and home equity line of credit, as home prices continue to decline 2% a month, as unsold homes still keep rising, the consumer confidence is falling.
READ MORE>>

MORE ARTICLES >>