Pricing properties to make procrastinating buyers pop!

Barron’s
        cover
        article “The Big Glut-Trouble in Paradise” didn’t help
        rattled nerves when it outlined that prices and sales have already
        slumped by up to 40% in some areas, and that second home sales now
        made up 40% of the U.S. market. The article also told how while 10,000
        condominium units were built over the past ten years in Miami-Dade
        County, 50,000 units are currently under construction or soon to
        commence with another 50,000 currently in the planning stages.

http://www.financialsense.com/fsu/editorials/2006/0708.html

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http://panoman.net/blog.htm

James Fallows on NPR’s MarketPlace.  If you had to imagine on thing beginning the chain of dominos, it’s the dollar.  What’s holding it up, is a sense by the Chinese that they have to subsidize our buying power to keep things going.

When the dollar falls, then suddenly, people cannot sell their houses. 

Then you have this cycle.

What’s to blame?  This is something most Americans are benefitting from.  For an aging population, we are outsaving our savings.  Looking back, for example, on the 9/11 crisis,

Oil now costs about a dollar and half more than

The fundamentals of the economy are now being…