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
11/13/2008 10:45 PM We bought the SPZ08 at 880, I wanted to buy more at 825 but didn't get to post it. We have a sell order at 950 for the SPZ08. The market hit 913 today. Let make some money. If you are using the SSO and bought at $26.50 in the SSO for proshares, You have a sell out at $30.50. W...
11/13/2008
River vale exterior construction video of new home. Builder, Developer, Realtor, Richard Stabile is in final stages of construction of this manificent new house. Complete custom interior and exterior. Views! Views! Views! The real estate location is high and over looking a wonderful view of Tappa...
11/11/2008
11/10/2008 10:30 PM Last week we sold our Dec Crude for $71.00 and we are flat crude. I will look to to enter crude soon again but right now a waiting for a washout which is going on now, to finish up. It trading down by the 60 handle which is good for the economy. The SP futures DEC. SPZ08 we ar...
11/10/2008
Real estate for sale, video of new home under construction in Hillsdale, New Jersey by Richard Stabile. This house is being designed, built and marketed by Richard and offered for sale for $899,900. It has special builder incentive financing available. The reduced rate financing may start as much...
11/10/2008
Tappan Lake, located in Old Tappan and River Vale, Bergen County New Jersey and southern Rockland County New York is a reservoir. Surrounded by homes and tree lined for the most part, it is tranquil and beautiful. Part of the fresh water system it is an important resource. It is formed by a dam i...
11/10/2008
River Vale New homes Video 3 new homes in Prestigious northern River Vale, Bergen County New Jersey by Richard Stabile are now under construction. The first one that is started is pre-sold and the second one is getting readied to start. The second new home is 4200 sq. ft. and will be located on t...
11/05/2008
In anticipation of today's funding and execution of the bail out plan, the LIBOR rates,(LONDON INTERBANK OFFERED RATE.) the price banks lend to each other at, has fall 17 days in a row. This should be a good indicator of confidence is starting to return. Banks must feel comfortable to lend to eac...
11/04/2008
Do you have an approach to getting your listings attention other then just lowering the price. An old dog becoming new, is the 3-2-1 buy down. It cost a little over 4% of the mortgage amount. Assuming a 80% loan to value. The Seller gives about a 3.2% of the sales price concession. This will buy ...
10/30/2008
10/29/2008  10:00 AM Our target of 950 was hit in the SP DEC.(SPZ08) future and we are out. A total of 112.50 points on the trade. About 125% gain on margin. I am holding tight for a bit on this market. I am not sure of the wave count, weather we just finished a 4th wave up and will go into wave ...
10/29/2008
10/28/2008  8:30 PM Below is an excerpt from my last trading blog to buy SP at 850 and 825, if you follow and placed the orders you are much wealthier today. If you follow my trading blog you are up hugh. My 950 target is close, we hit 942.75 already. In well over 100 points on this trade. One of...
10/28/2008