View Single Post
  #18  
Old 11-01-2005, 09:07 PM
AceHigh AceHigh is offline
Senior Member
 
Join Date: Sep 2002
Location: Pennsylvania
Posts: 1,173
Default Re: Shorting the US dollar

[ QUOTE ]
Lots of people will put homes on the market in the spring because of the expected real estate crisis and current attractive selling prices.

For example in my own home town this time last year there were 75 homes on the market; right now there are 175 homes available. Spring will bring even more supply; price must drop as a result to compensate. That may be an opportunity.

[/ QUOTE ]

Aren't you afraid that with the Fed continuing to raise interest rates that home prices drop in the short term because loands will cost more? That may drive home prices down for the next few years.
Reply With Quote