Derf

1 Comment

    • 8 Stocks to Benefit from the Coming Uptrend in Housing [view article]
      To all who are looking for the best bottom-sign: look for very low attendance at bank REO auctions. The number of potential bidders will be less than the number of lots being auctioned at bottom, and auction winners will need to hold for 3-4-5 years sans on-cash returns while waiting.

      Doomsters: Unlike equity mkt bottoms, RE bottoms are very wide and grinding in nature. The cicada-like cyclical emergence of infomercial hucksters hyping "get rich quick using OPM" schemes is a classic waypost sign that the bottom is in sight. The reality of their systems is that if they were truly so great you would not be seeing them on late nite TV.

      Do some DD about informational advantages and how in the RE markets it is exceedling rare for the small investor to actually have the necessary informational advantage to overcome the high frictional, and carrying costs or RE.
      Apr 16 11:08 AM
Contribute an Article Become a Seeking Alpha Contributor