Dear Investors,
As you have probably heard, China seems to be on the edge of a significant crash. This has prompted questions of how to predict and prepare for the next real estate market crash in the US. We've had a couple of suggestions that tracking NODs (Notice of Default - the first step in the foreclosure process) would be a good indication. We have no crystal balls but here are our thoughts.
Market Update
The two pie charts and the two bar charts below cover the preceding 60 days. The two line charts cover the preceding 365 days. Remember that the data below only applies to the specific investment area and property configurations we monitor; not metro Las Vegas. For information on the area and property configuration we monitor, see blog article: Investment Area.
|