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President's Message>
President's Message June 2006
1 Jun 2006
I often hear real estate investors say that they wish they could predict the next “hot market” and make a killing like so many did in Las Vegas, Florida, and Phoenix in the last five years. Well, no one has a crystal ball, and fortune tellers are hard to find these days, but research and analysis of vital signs in the housing market can help the serious real estate investor become more accurate in identifying housing market trends so as to know when to buy and when to sell. A recently published book, Timing the Real Estate Market by Robert M. Campbell can assist us in making sense out of housing booms and housing busts. Campbell has a proven system for buying and selling real estate for maximum profits. Campbell argues that there are five vital signs which are your windows into the future. They are; 1. Existing Home Sales 2. New Home Building Permits 3. Mortgage Loan Defaults 4. Foreclosure Sales 5. Interest rates These vital sign indicators give you the ability to analyze and anticipate future market trends. “By giving you a month-to-month mathematical accounting of the battle between supply and demand, they tell you whether the buyers or the sellers are winning the war and hence which way property values are most likely to move.” He believes his method can give you a three to six month head start on when housing prices are going to bottom out (buy), and when they will most likely reach their peak (sell). In addition to his book, Campbell also has a Real Estate Timing Newsletter, Cd’s and market momentum charting software. For more information contact Robert Campbell at Robert@RealEstateTiming.com. Good Investing, Ron Watcke, President REIA of Oakland
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