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http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20051102005788&newsLang=en "Led by condominiums, housing sales are slowing and prices are falling in bellwether markets such as Dade County, Florida, Las Vegas, Miami and Orange County, a national housing...

Your wish that we are entering a "sideways" pattern is now your best hope. But sideways will not happen either (IMO), as the latest news from headlines across the country show declines ahead...

POS death march continues... Toll Bros down again big today...now 41.16% down from the July highs. Actually not such a slow mover at all, down over 41% in three months! DH Horton down big too, now 32.79% from July highs. Stay tuned.

"Interesting" would be the correct term indeed. Of course the article glosses over the firms 1992 bankruptcy (most "homies" go BK in cyclical downturns)...and the small fact that this firm, NVR, just missed it's earnings! Gee...I wonder why he was selling so much stock...

What do builders do? Answer: They build. No surprise. They will continue building until they cannot. Their machine is in motion. They will continue to set sales records for volume and prices until they miss. It's the nature of this sector and the boom/bust bubble for the last 50 years...

Hey...here's a great "story" stock for you. Makes me feel all warm and homey. The Street.com is reporting that one homebuilder is welcoming flippers again, probably to make their numbers. Could they be the next "Dominion Homes" and guide down or warn??? Oh, and Lennar cfo, Bruce Gross, sold...

This is the first time I have ever heard you use the term "sold". I am shocked. I thought you were the patient "buy and hold" camp. Did you sell? Have you sold? Have you rang the cash register??? At all??? Ever??? Abondon all the homebuilders??? NOT ON YOUR LIFE! (BTW, Toll is...

Got it. So DHI is your story stock and Donald Horton is your "suit". Down 27.72% in the last three months. I take it (as your regurgitate the public press release) that you view this as a buying opportunity, as you have "patience" for these "slow movers"!!!! When do you pull the plug...

I see...so you don't like DHOM's "story". I've got it figured out now. You are into "story" stocks, like the kind CNBC and Cramer, IBD, Wall Street Jour., etc, spoon feed you daily in the mass media. You know the kind, where CNBC interviews the kindly, expensive suited MBA-ish CEO who paints...

Things are just starting to get interesting... This story reports that the active real estate listings in Las Vegas is now the highest ever in history as more speculators move toward the exits. http://www.klas-tv.com/Global/story.asp?S=3952396 First year over year declines reported in...

I believe you are quite correct. Nationwide of recent, option arms and other mortgages that are going to reset are running about 25%, on average. This is because in huge areas of the nation there is not really much of a bubble at all. But in ALL the areas where there has been breathtaking...

I guess you haven't been following along. Fully 75%-85% of purchase money real estate loans, especially in the hottest most vulnerable markets are variable, option ARM, neg. am, etc. that are not the traditional 30 year fixed you have portrayed in your chart. The people buying these...

Comments from a San Diego mortgage broker....OWP http://sandiegobroker.blogspot.com/ "This thing is over in San Diego, September last year we had 67 loans coming from real estate agents, this month we have had 8. I am being told that the buyers have vanished and all that is left is...

You are indeed correct....the next report should "smooth it all out." Of course by then the "door" will not be large enough for everyone to fit through at once. :-) Is it really different this time??? Toll Bros is now down almost 33% from the July highs, HOV down over 35%, etc...there are...

Actually, if a person owned a bunch of bubble area real estate and couldn't really sell it due to multiple tax considerations...hedging via this Profunds vehicle might make sense. You wouldn't even trade the Profunds in the conventional sense, just hedge off your physical real estate to protect...

Profunds is a good company. Great customer service and friendly. I wish their new real estate fund was an inverse 2x like many of their other funds. :-)

Not sure what I "missed" exactly. If you are talking about housing stocks....simply not on my radar screen or part of my "plan". Never owned one and probably never will. I am an active trader however...each and every day. I have personally owned 7 homes, and have owned property continuously...

No, but if you put it in the form of a home builder press release Convertablity will paste it in this thread and lap it up. Everyone in Toll Bros (for just one example), all the way from Bruce Toll down to the janitor of the company is selling many millions of shares...Convert is still here...

Texas speculators may be royally screwed this weekend. FEMA will not pay off on non-primary residences...

'Collective Amnesia' And Real Estate Cycles http://www.nytimes.com/2005/09/15/garden/15turf.html The New York Times looks at past booms and busts. "In markets where house prices have climbed the most, the boom of the last decade has created a lot of wealth, and with it a sense of...