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
A five year analysis of sales in Woodcliff Lake, Bergen County New Jersey, shows real estate sales prices to be down on yearly average of 15.77%. Median sales prices from the high year has declined 15.67%. Northern Bergen County New Jersey, had experienced large increases in real estate prices th...
11/29/2008
Around the middle of August, my two oldest boys, Alex 21 and Nick 19 start getting ready to leave to go back to college. I start thinking how I would not have much time to spend with them, till they get home the Wednesday night before Thanksgiving.  They are grown up now and it make me sad someti...
11/25/2008
It is what I been waiting for the Fed commits it hand. I don't agree this is the right way. I believe they should of funded Fannie and Freddie to loan 4% loans, but hopefully this will work. The issue is that the money that goes into to buy the paper must go back into the lending pool. Today they...
11/25/2008
Crude oil January we bought at $50.00 WE SOLD TODAY AT $55.00 a 50% PROFIT ON MARGIN. Our SPZ08 we bought at 750 and sold today at 850 for 100 points profit. Over 100% profit on margin. Our second unit is on sell order at 880 we didn't quite get there yet. I hope you are having fun......J . We wi...
11/24/2008
River Vale Real Estate Sales To study the data for River Vale New Jersey for sale from 2005 to Oct. 2008, it is astonishing to see that the average sales price is only off about 10% from the average high prices. Two comparisons were used, Residential/Condo closed sales data from Bergen County fil...
11/23/2008
Crude oil hit and broke $50.00,I am  a buyer here, from our last post. Spz08 S&P stock index future, I am a buyer here again at 750 for our second unit and place an order for our third unit at 720. Real Estate, if the fed would fund Fannie and Freddie to give 4% loans, we will move the inventory,...
11/21/2008
Our government is putting money into the banks and institution directly now without commitment or direction, for the funds to flow, if flow at all. Instead of putting money everywhere in creation and not knowing if it is going to be put to use, I think it should go into subsidizing new home purch...
11/16/2008
River Vale New Jersey, closed sales as reported to Bergen County, for the first 9 months of 2008 vs 2007 same period.                                2007                     2008                                 percent change Units sold                     90                        82            ...
11/16/2008
Saddle River Video This is a great piece of real estate with the beautiful Saddle River cutting thru it. It is Video taken over time this year and assembled together. The property has a house to come down and a new estate home to be built. It will be as special as any property I know over my 30 p...
11/15/2008
Many different things happen in the course of the day. Having your camera helps save it. I see many events out on the jobs. Mostly at a fast pace, running though new houses being built. Talking to contractors and tradesman, you rarely catch a break. But when a bunch of 4 legged friends walk up wi...
11/14/2008