August 24, 2006

Yahoo Finance housing poll: "Existing home sales fell in July to the lowest level in 2 1/2 years. What next?"


Vote at http://finance.yahoo.com/, scroll down to the bottom right hand corner. Current results:

Housing will weaken further 75%

Housing will stabilize 21%

Housing will improve 5%

21851 Votes to date

2 comments:

Anonymous said...

nice to see 5% of the voters are realtors

Anonymous said...

Funny, when i see those one individual stocks i tend to take the contrarian view. I think housing is different (dangerous thinking, i know). It seems the herd mentality will keep housing out of favor for some time since there is no "institutional" support to play the contrarian and buy. Much more like commodities than stocks.