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Real estate - No light at the end of the tunnel

Posted on 11 October 2011

Do not get excited. I do not see a light at the end of the tunnel. We have been in the tunnel for so long that I’m just wondering if we will recognize it when the time comes. More importantly, are policy makers aware that the light they are seeing may just be an oncoming train?
At this moment, I’m of the opinion that practically all real estate related data points are noise. The weekly or monthly fluctuations serve no purpose as indicators of the future. Employment is far more important than existing home sales or the Case-Shiller Index. That said, we still have no choice but to at least try to extract some value from the noise……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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