My request is that you look closely at the first chart before looking at the second. The rather stunning several hundred percent rise from the 2009 lows has emulated what the FED does best…create bubbles or parabola…
What we have now…a triple top…overthrow/overshoot of wave E of E of E which is very likely no different than any of the securities represented in the chart below.
Real Estate Newsletter Articles this Week: Mortgage Delinquencies Increase,
Foreclosures Remain Low
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Decrease...
4 hours ago