The View from here-August 2007

[blogger]

The View from here-August 2007

Wow. Yeow.

By now we know the bearish tremors from the spring were correct, but they are not universally so. Quality still abounds, and still commands a premium, Buyers are in firm control otherwise, and a reset is already taking hold.

One to one transcations are where it's at right now. Everything is selling in all areas of the valley, for the right price.

My last couple of posts give you an overview of the market and where I think it's going. (See "Sub Prime Creep," and "Another Cross Post", look for a buying opportunity, and then.....well, that's what we get paid the big bucks for.

Let's just say I'm planning on being here for a long time..........



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