That isn't the PEAK in the market
Posted on: July 20, 2016 at 16:43:03 CT
Webbster MU
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Housing Sales VOLUME hit it's PEAK in 2004.
All you're holding onto is a residual effect of an overheated market.
The housing market was a feeding frenzy. People buying with the sole intention to flip it for more.
Buy 2006 builders were going out of business because VOLUME of SALES were plummeting.