Despite real estate insiders proclaiming that real estate market is about to surge higher …….because, you know, real estate always goes up and we are running out of land to build on, the chart above suggests otherwise.
What you are seeing is a sharp decline in sales and surging inventory. This is indicative of a real estate market roll over I have predicted here in September of last year. The dead cat bounce in real estate prices is over and this disintegration within the real estate market will only gather speed from this point on. Here is all you need to know….Real Estate Collapse 2.0 Why, How & When…….Read and Weep.