Real Estate market in deep trouble – lawsuits challenge new home construction – can market bottom be now?
Peter Oberois
May 4, 2007

The homebuyers are so bearish that they do not want to hear about new homes. The neighbors, friends and relatives have been burnt so bad that they are proceeding with lawsuits to get out of contracts they sighed with the new homebuilders.

The biggest question for the analysts is if the market bottom is happening now. The lumber futures say commercials are buying lumber like crazy. They see demand somewhere we do not know. The sentiment indicators point to an improving hosing market and a real worsening stock market.

Some smart investors are doing exactly that. They are buying residential real estate investments and selling the stocks that are making new highs.

The local realtors are reporting ecstatic buyers hungry for real bargains.

The real estate market is ready to bounce back as money flows into it from the stock market. It may not sustain beyond eighteen months but you never know.

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Real Estate market in deep trouble – lawsuits challenge new home construction – can market bottom be now?
Peter Oberois
The real estate market is ready to bounce back as money flows into it from the stock market. It may not sustain beyond eighteen months but you never know.
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