Posted by Robert M. Campbell on February 04, 2002 at 22:36:49:
The Vital Sign indicators anticipate and identify real estate market bottoms the same way they do for market peaks - except in reverse.
Be advised the Vital Sign indicators measure imbalances between supply and demand in the marketplace. Once these imbalances occur - either to the upside or the downside - only the market will eventually tell you how far prices will rise or fall.
The most important thing you can do is to respect the trend of the market. The downtrend in California real estate may be mild or may make past downcycles look like a tea party. To get this information in advance, you have to consult your local fortune teller.
Robert M. Campbell