I'll bet

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	Name:	roswellric -
	Subject:	I'll bet
	Date:	6/6/2007 6:29:39 PM

it's off 30% or more. 4 condo closings? Well how many month's existing supply does that translate to? Gonna be some condobargains next winter.

I read an article by Bill Gross the PIMCO interest rate wizard who says that if the fed does nothing home values could fall ~20%. Of course the Fed can't let that happen for a multitude of reasons. Look for lower interest rates in the 4th quarter.

Sure hope the Chinese and Arabs keep coming to the treasury auctions.

Other messages in this thread:

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Another APCO forecast - Carnac - 6/1/2007 10:06:12 AM

Sorry, John C - Carnac - 6/1/2007 10:12:54 AM

no worries - worth repeating - John C - 6/1/2007 12:23:42 PM

Real estate closings - Osms - 6/1/2007 1:44:28 PM

21 in May - John C - 6/2/2007 6:03:24 PM

How does it compare to ... - LifeTime Laker - 6/3/2007 10:12:17 AM

I'll bet - roswellric - 6/6/2007 6:29:39 PM

Another APCO forecast - Bamaonthelake - 6/1/2007 12:22:06 PM

Link to APCO - lakebound - 6/1/2007 2:39:53 PM

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