Realty Commentary (scroll down to see earlier analysis)

8/30/2010: the housing numbers coming out on the 23rd and 24th of September will show a

continued secular collapse … lower sales, more listings. But improvement. Financial analysts

will focus on "secular" aspects: a nation of renters, rather than home buyers. It may drive

financial markets lower in a kneejerk double dip, probably in October (a famous moving month).

October's housing numbers will deteriorate. Much worse than the September release.

7/31/2010: in the 8 years we have analyzed SE Florida's housing market, only once (2005's

Hurricane Wilma) have we seen a sharper downward trend than July's year-on-year plunge

in home sales. This will become public knowledge in the final week of August, 2010, with

the release of the Existing Homes sales. It suggests a double dip in the housing collapse

and that could increase the chances of a double dip recession in the US economy.