Real Estate Market Timing,Psychology and Analysis

By
Real Estate Agent - Re/Max Real Estate Limited
A commentary and analysis on market psychology and timing. I was a Remax owner for 27 years and selling real estate for over 35 years, I have followed the markets closely. Along with Elliott wave theory and various indicators I have called the top in 1987 and the bottom in 1991/92 along with the top in 2005. I successfully predicted a bottom in 2009 in our local Bergen County New Jersey markets along with ideas on our national markets.
RECENT BLOG POSTS
Woodcliff lake is a small Town of about of about 3.6 square miles and under 5000 people. The Reservoir is split in two by the Woodcliff lake ave. causeway. The video shoot over a period of about two weeks, shows the turning of the leaves in mid Autumn. It also touches Park Ridge and Hillsdale Mu...
10/26/2008
National homes sales are up 5.5% for September per NAR.  This was the best month change since July 2003, just after the start of the Iraq war. The median sale price however has fallen 9% from a year ago to $191,600. Yesterday's report on new home sales showed a drop of .06 percent which is a some...
10/24/2008
10/22/08 10 PM The stock indexes have headed down again as we have figured they would. We are flat Stocks indexes.  Today's 875 range again on the SP futures SPZ08 again bounced. I don't think that is the end of the decline. Another low should come to finish the 5 wave decline. The market my stil...
10/22/2008
Upper Saddle River New Home New home in Upper Saddle River, Bergen County, New Jersey. Construction managed by Richard Stabile. This video clips shows home under construction, viewing the two story greatroom ceiling and foyer ceiling designs as they are being made. Design/build by Richard Stabil...
10/18/2008
New home in River vale, Bergen County New Jersey by Richard Stabile. This video clips shows home under construction, viewing the two story greatroom ceiling and the wrought iron railed stair case in the 2 story foyer. The home is at Colonial Estates. Design/build and marketing by Richard Stabile ...
10/18/2008
10/17/2008 PM Yesterday we bought SP Dec. Future (SPZ08) at 875.  We sold the position for 100 point profit today at 975. The market as I thought was in a 4th wave and topped today at 987.75 Yesterday I said, "I believe this is a 4th wave now and will peak out between here and about 1025 area". (...
10/17/2008
The past few days Short term Treasury Bills and LIBOR, both over night and longer have eased. The Treasury Bills are going up in yield, meaning the flight to qualityis backing off. The LIBOR interbank rate has been back off. This means banks are starting to lend to each other. This is what we nee...
10/17/2008
10/16/2008 PM Last night we set up to buy this morning Crude oil near by contract at $73.00 and $68.00, we got the $73.00 and missed the $68.00 by 55cents so far. Lets leave the $68.00 buy in place. Put a sell order in at $80 for this unit. We also had orders to by the SP Dec. Future (SPZ08) at 8...
10/16/2008
We are flat all markets, however I would break up the crude oil into two units. One unit to buy at $73.00, the second unit to buy at $68.00 Dec. Contract. SP stock index future, break buy into 3 units. Buy one unit at 875.00, the second unit at 835.00 and the third unit at 800.00 all basis Dec. C...
10/15/2008
Woodcliff lake Bergen County New Jersey, 2008 first 3 quarters sales were $ 40,516,478.00 versus 56,996,069.00 for the first 3 quarters of 2007. There were 45 sales in 2008 versus 58 in the first 3 quarters of 2007. Average sales price in 2007 was $982,690.84 versus $900,366.18 for 2008.  Average...
10/15/2008