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Re: [RT] sentiment



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----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, August 22, 2001 8:27 AM
Subject: Re: [RT] sentiment


> My condo sale I mentioned before happened in one day.  A house down the
> street sold in 6 days at the asking price (which was a bit high $460K) and
> 20K worth of decks needed to be replaced on it. As I said there is an
> extreme shortage of used homes here in Minneapolis. Not sure these prices
> will hold though, almost a buying panic in spite of the economic
conditions.
>
> Beginning to wonder if people have given up on stocks for the moment and
> have decided to invest their money in something they can feel and touch,
and
> that won't "totally" go away on them? They are worn out?
> don ewers
>
> ----- Original Message -----
> From: "sptrader" <sptrader@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, August 22, 2001 9:14 AM
> Subject: Re: [RT] sentiment
>
>
> > Here in Denver, 1 year ago, I offered asking price for a home and lost
it
> to
> > someone who offered more than asking price !!  My next door neighbor
just
> > sold his home in a few days to the first person that looked at it. $250k
> for
> > a small 3 br trilevel (1500sf) is crazy.
> > Steve
> >
> > ----- Original Message -----
> > From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, August 21, 2001 8:52 PM
> > Subject: Re: [RT] sentiment
> >
> >
> > > In Minneapolis a total sellers market, very few used homes. Prices
have
> > gone
> > > up so much I just sold a condo I bought 2 1/2 years ago that was using
> as
> > an
> > > office (vs renting office space) for 50% more than I bought it for.
> > > Incredibly that was up 15% over last December 2000(sold it in July
> 2001).
> > >
> > > So the market seems to vary by region or maybe just peaking here late?
> > >
> > >  Hey I may have finally sold a top he-he.
> > > don ewers
> > > ----- Original Message -----
> > > From: <SLAWEKP@xxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Sunday, August 19, 2001 3:41 PM
> > > Subject: Re: [RT] sentiment
> > >
> > >
> > > > In Seattle expensive (over 1 million) Downtown condos, penthouses
> marked
> > > down
> > > > 35% & no rush of buyers
> > > >
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