Timing the Real Estate Market by Robert M. Campbell

Since one of my goals is to have a game plan for our current home, we have been reading about the Campbell Method for buying and selling real estate for maximum profits. Is now a good time to sell or buy home in the bay area? Answers can be found by following the 5 vital sign indicators:

1. Existing Home Sales: down = sell, up = buy (www.DQNews.com)
2. New Home Building Permits: down = sell, up = buy (www.CIRBData.com, http://www.census.gov/const/www/permitsindex.html, http://www.recenter.tamu.edu/data/bpm)
3. Mortgage Loan Defaults: down = buy, up = sell (www.DQNews.com)
4. Foreclosure Sales: down = buy, up = sell (www.DQNews.com)
5. Interest Rates: amplifier (www.research.stlouisfed.org/fred2)

Here are the 3 market truths:

1. The vital signs are the language of the real estate market. When they talk, listen.
2. Trust what you see, not what you think.
3. The market is always right, you aren’t.


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