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
We sold our 2 units of February Crude at $42.50. We remain flat waiting a new signal.  We made a small profit averaged 1 1/2 dollars, still 15% or so on margin. I got out a little too soon maybe, we could of made more. But a profit is good, we will make more on the next trade. SPH09 stock index f...
01/04/2009
Saddle River, Bergen County New Jersey Sales report for 2008 covering Broker sales as reported by the NJMLS. Over all dollar volume has decline over 40%, Unit sales over 50%. Median price declined only 2% form 2007 high year. However, average sales price has hit a new high in price. Saddle River ...
01/03/2009
Woodcliff lake, Bergen County New Jersey, has shown sale volume decline, almost 45% while average price decline from high year less then 15%. This is considerably less than most areas of the country. The median price decline 11%. See chart and report on Woodcliff lake sales. Year     Units    Tot...
01/03/2009
We are long one unit February Crude at $42.00 and one at $40.00, we will sell both units at $42.50, I had raised this sell from 42.00 to 42.50 it rallied to 42.18 and reversed. I should not of changed the order and we would be awaiting the next buy. So be it, we will wait for the $42.50 for now. ...
12/30/2008
I commented on Paul Henderson's blog Paul Henderson (RE/MAX Professionals), the other day and Paul thought this was a great answer. Banking Bailout "The banking bailout was a basic handout, it doesn't direct the money to help the general welfare. The banks are using it for their own purposes and ...
12/28/2008
Things are getting ready to happen in many markets. We are long one unit February Crude at $42.00 and one at $40.00, we will sell both units at $42.50, most people believe crude is going a lot lower here. We are long and will exit on a small profit. I am looking to buy it back again soon after th...
12/28/2008
​​​​Woodcliff Lake Reservoir in Northern Bergen County New Jersey. The Train Station Clock, the North Causeway and the Lake. The lake is bordered by Hillsdale, Park Ridge and Woodcliff Lake. See more video's of the lake at ​​​​​Woodcliff Lake Places.​​​​​​​​​​​​​​ ​​​​​​​​ All Nature's beauty, w...
12/27/2008
We are long one unit January Crude at $38.00 and $34.50, we will sell these units January crude at 36.00 and roll to Feburary contract and buy $42.00. We will put an order to buy a second unit Feburary at $40.00. I acturally bought the January crude to close to expiration yesterday. Still nothing...
12/19/2008
​​​​Our family has a tradition of Christmas decorating, my wife Lisa, spends weeks decorating the house for Christmas. I thought I would share a video I took, while she was setting up. The decorating starts the weekend after Thanksgiving and acturally goes on right up to Christmas Eve. It really...
12/18/2008
I added to comments on our last signal that I was looking to buy at $39.00 January 09. I didn't get to write last night so today we are buying $38.00 January future today. Nothing on SPH09 right now, we missed our buy down at 810 by 2 points, we will have patients and do something later. I hate w...
12/18/2008