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.

ARCHIVED BLOG POSTS

2008 

10/16/2008 PM Last night we set up to buy this morning Crude oil near by contract at $73.00 and $68.00, we got the $73.00 and missed the $68.00 by 55cents so far. Lets leave the $68.00 buy in place. Put a sell order in at $80 for this unit. We also had orders to by the SP Dec. Future (SPZ08) at 8...
10/16/2008
We are flat all markets, however I would break up the crude oil into two units. One unit to buy at $73.00, the second unit to buy at $68.00 Dec. Contract. SP stock index future, break buy into 3 units. Buy one unit at 875.00, the second unit at 835.00 and the third unit at 800.00 all basis Dec. C...
10/15/2008
Woodcliff lake Bergen County New Jersey, 2008 first 3 quarters sales were $ 40,516,478.00 versus 56,996,069.00 for the first 3 quarters of 2007. There were 45 sales in 2008 versus 58 in the first 3 quarters of 2007. Average sales price in 2007 was $982,690.84 versus $900,366.18 for 2008.  Average...
10/15/2008
Largest Banking Branch opening boom I ever seen leads to bust! Over the past few years, all around Northern New Jersey we have seen banks being built. I suppose it is the same else where. So many Banks, it leads you to believe, how we lived without them. Population has not gone up much to create ...
10/15/2008
Crude oil hits target! On July 10, 2008 a Sunday night, I said to short Crude Oil at the open on Monday morning, the 11th, with an ultimate target of $75.00 in six months.  Oil Opened at 147.10 and dropped from there. It is just a few days past 3 months and Crude Oil hit $74.975 this morning.  We...
10/15/2008
We seen the whites of their eyes and have executed a great trade! 10/9/2008 P.M., I said to buy in the SP stock index futures Dec., in the A.M. at the market (870.00) at 850.00 and at 800.00, breaking your money into 3 parts. We got 870 1 part and 850 one part. I said last night 10/12/2008 to sel...
10/13/2008
In Friday's market action. Crude Oil drop within $2.00 of our long term target of $75.00. We want to cover shorts at $75.00. I don't want to miss this over a couple of dollars so we will watch it close. The Stock index futures SP Dec., we bought the open at $870.50 on 1/3 of our position and agai...
10/12/2008
"Do not shoot till you see the whites of their eyes!" It was General (Doctor) Warren, of Lexington, MA. He also died in the Battle of Bunker Hill.  http://www.britishbattles.com/bunker-hill.htm Well, their eyes are getting closer. If you recall we sold Crude oil back in July at the high tick of $...
10/09/2008
Paramus NJ sales report for 1/08- 8/08 Paramus sales report for January - August 2008 compared with January -August 2007. There were 124 sales in 2008 period verses 205 in 2007. The sales volume for Jan-Aug. 2007 was $78,369,735 verses $138,921,227 in 2008 period.  These figures are derived from ...
10/04/2008
Last night, October 1, 2008, the Senate met and voted and acted like true Statesman. Unlike the House who have used this crisis as a wiping post for each other. The idea of conduct, to be bestowing to the office held, should not be lost. However, I have heard that the senate members have added to...
10/02/2008