Real Estate Market Timing,Psychology and Analysis

By
Real Estate Agent - Re/Max Real Estate Limited
A commentary and analysis on market psychology and timing. I was a Remax owner for 27 years and selling real estate for over 35 years, I have followed the markets closely. Along with Elliott wave theory and various indicators I have called the top in 1987 and the bottom in 1991/92 along with the top in 2005. I successfully predicted a bottom in 2009 in our local Bergen County New Jersey markets along with ideas on our national markets.
RECENT BLOG POSTS
When are we going to learn, to vote out the people who have agendas that do not match what our country needs? Nancy Pelosi and company, has loaded the new stimulus package with all the thing she has tried to jammed through for years. This defeats most of the purpose of the bill. I didn't want to ...
02/20/2009
Things are evolving! Last update we said March crude Oil, we had bought one CLH09 future at $39 and one at $37.00 we closed out at today's contract close at $39.45 for an average profit of 1.45 per contract. Not a big gain, we missed the bigger gain my target was a bit high but a gain, never the ...
02/19/2009
Last update we said March crude Oil, we missed our buy at $39.00 by .10. We wait till the next calling. Well we got them at 39.00 last week and they to $42.65 and are back in the mid 39's. We will sell them at $43.50 . We will also put in a order to buy a second unit of march futures at $37.00 CL...
02/09/2009
March crude Oil, we missed our buy at $39.00 by .10. We wait till the next calling. SPH09 stock index future.  We were long from 800 and 835.  We sold our 2 units of SPH09 or ESH09 the mini's at 860 today. I had orginally had the orders at 1 at 860 and 1 at 880 but changed them on the last update...
01/28/2009
March crude Oil, we missed our buy at $39.00 by .10. We wait till the next calling. SPH09 stock index future.  We are still long from 800 and 835, current market is in the low 840's.  We will sell both at $860 . Treasury 10 Year Notes, In the last update, we were short one TYH09 at 126'15, for no...
01/26/2009
Hillsdale NJ Sales Report for 2008 shows, 73 residential units vs 68 in 2007. Total sales of $39,515,900 in 2008 vs 39,313,698. This is the 1st up year in four. These are all Brokers sales, reported to NJMLS in Bergen County New Jersey. Average Median price has declined 13.51 from high year in 20...
01/26/2009
In our last update I said,"  Lets buy March crude at $39.00 for one unit for now. I missed selling short the $50 handles on Feb crude, I guess I got lazy and didn't go for it." Well believe it we missed the buy by .10cents it hit $39.10 yesterday and turned up. That's the price of playing in the ...
01/21/2009
We are looking at March Crude now for the mini's that would be QMH09. Feb is going out really low in the $36 handle right now. Last month expiration found the front month 15% or so below back month and then the new month continued to fill the gap down.  Lets buy March crude at $39.00 for one unit...
01/14/2009
River Vale, Bergen County New Jersey sales analysis of homes sold in 2008. The data shows a decline of 28.28% in over all sales volume from high year. Average sales price declines from high year by only 9.53%,while median price declines by only 11.49 percent from high year. Data source is NJMLS a...
01/10/2009
Old Tappan, Bergen County New Jersey sales analysis of homes sold in 2008. The data shows a decline of 30.5% in over all sales volume from high year. Average sales price declines from high year by only 5.39%,while median price declines by only 9.55 percent from high year. The growth of larger hom...
01/05/2009