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
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
Those of you that read my blogs probably have notice I am very direct and forceful in my thoughts and advise. I don't mean to be like this, but I write about what I am very confident in my expertise. I would not write about medicine, steel making, dog walking or anything I haven't devoted much th...
09/29/2008
National Geographic magazine September, 2005 special issue, rear cover ad by AIG. My wife came across this magazine. The ad depicts a small girl very dressed up with a crown barrett, I guess indicating some very loving child that needs protection for her financial futures. Someone that is very lo...
09/28/2008
Alpine, Bergen County New Jersey Real Estate sales: report for the first 3 quarters of 2008. There was 16 sales closed for a total $48,415,500 with an average sales price of $3,025,968.75. This compares with the first 3 quarters of 2007 there were 21 sales closed, for a total of $78,747,000.00 wi...
09/27/2008