Next 60 Days
This is an interesting article from Prudent Bear.
As reports dribble in about real estate pricing weakness in Las Vegas, Phoenix, Miami, Orlando, New York and even San Diego, Silicon Valley scoffs. Local home owners insist no such weakness is apparent in Silicon Valley. Except for a "meaningless," and strictly "seasonal," decline in unit volume (see, "Test of the High," http://www.viewfromsiliconvalley.com/id186.html), which will quickly be reversed in the next 60 days (aka "spring selling season").
Full article...
As reports dribble in about real estate pricing weakness in Las Vegas, Phoenix, Miami, Orlando, New York and even San Diego, Silicon Valley scoffs. Local home owners insist no such weakness is apparent in Silicon Valley. Except for a "meaningless," and strictly "seasonal," decline in unit volume (see, "Test of the High," http://www.viewfromsiliconvalley.com/id186.html), which will quickly be reversed in the next 60 days (aka "spring selling season").
Full article...
posted by Little_Silvered at 8:59 PM
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