Tops and Bottoms: Reflections and Predictions [View article]
Real estate tops and bottoms are not like stock tops and bottoms, they are much more elongated. So no need to rush in yet. You will still make plenty of money if you wait to buy housing stocks until the inventory levels fall, and the median price rises, and the number of sales rises. All three. If not you are sitting on dead money. You can now make more money with the ETF symbol SRS (even after its nice run). The downturn has a way to go, commercial real estate asset writedowns are next on the list.
Tops and Bottoms: Reflections and Predictions [View article]