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larrywww

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Reply with quote  #1 
I guess iniitally, the # of declining markets was 168 and increased to 187.  And by declining it appears they specially define it as "not keeping up with inflation".

I don't know this website, housing alerts or ken wade (its apparent owner), but I thought it was an interesting statistic.

Unfortunately, if you go on the website then you immediately hear a sales pitch and the slides keep changing.

But this was the headline on the email I received.


Here is what the email said:

The list of declining markets just increased from 168 to 187. That means 46% of all U.S. markets failed to keep up with inflation last quarter.

While there are some really hot markets right now, there are an increasing number of dead and declining markets popping up like whack-a-moles all over the country.

You’ve got to see this real estate report.
(no email req’d – no strings attached)
 

[image][image]

Being in the right market at the right time is often the difference between success and failure.

Know exactly where the hot, emerging markets are right now, and the crashing markets you need to avoid.

We’ve got a near-perfect record over the last 12 years for predicting the exact start and end of every LOCAL real estate cycle... no one else on the planet comes close.


Warm regards,

Ken Wade
HousingAlerts.com
(800) 210-0667

P.S. – In addition to the institutional and national real estate investors we’ve served since 2006, we’re testing a new, lower priced, ‘local’ version designed for Homeowners, Realtors® and small investors on a budget. You can check it out here.

 

Greg

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Reply with quote  #2 
Seems pretty scammy - especially since much RE financial info is available publicly.
larrywww

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Posts: 2,304
Reply with quote  #3 
I'm not going to argue you should join.

But I thought the quoted statistic was interesting.  How meaningful is it?  I don't really know.  There have always been a ton of cash flow type markets that don't appreciate at a really healthy rate----and the way they defined "declining" (less than the rate of inflation) means that if you have zero increase----you are considered "declining".

I DO think that there are alot of relatively flat markets---and maybe no compelling reason to stay in the market (unless you are buy and hold).

Though I probably could have made the same argument last year too.
Greg

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Reply with quote  #4 

Have you seen the actual report? CA and San Diego look pretty cold.

Happy Easter.

larrywww

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Posts: 2,304
Reply with quote  #5 
Greg, I made the decision to exit last year so although I have a kind of academic interest in where the market is heading, it won't necessarily affect my business.

The warning signs that you should exit the market (if not buy and hold) have been widely known, I think, since last year.

Bruce Norris said the market won't crash, but that is no guarantee that it won't gradually go down in value---or maybe even go up and down to a certain extent.  


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