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So it is October. We are we seeing? What are we not seeing. What do they mean?
We are we seeing?
Unless I just have bear-tinted glasses*, I'm seeing this Oct:
1. Far more acceptance in the media that a "bubble" may exist.
2. The noise from NAR sounds more desperate
3. Realtors sound more desperate
4. More inventory, with marginal price reduction
5. Little concern from investors in "unbustable" markets
6. Despite the confidence of the NAHB, their stocks are taking a dump.
what else?
*I have no idea what that means.
I'm going with Peter P, first off the dude's got stones (no, jack not "those" stones") and second, it's not over till the fat lady sings. 13 more days
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