If you’ve heard anything about Real Estate in the last year you’ve heard about how crazy the market is getting. People are buying houses sight-unseen for more than the asking price. It’s just crazy. Anyone who has ever experienced any sort of bubble mentality knows that this is exactly what a bubble feels like. The problem with bubbles of course is that they always last longer and go higher than a rational person would think possible. And I guess that is sort of the point… a bubble occurs when prices are no longer rational. The tricky part is knowing when the bubble is going to pop. This reminds me of the old saying that says “it is better to get out a month too early than a day too late.” The following video talks about the condition of the current Real Estate market and indicators of a top.
Tools for Technical Analysis
