Is it me? or are SE threads suddenly overflowing with buyer inquiries

I have to admire your perseverance, even if it bears no relation to reality.

"is it me?" Yeah. It's you.

Well, it is among the peak real estate weeks of a year...

"it is among the peak real estate weeks of a year..."

when no one is buying.

SteveJ - Data would indicate otherwise:

Contracts Signed 38 214 833 (Previous day, 7 day, and 30 day)

Sorry, hard to read -

Contracts Signed

Previous Day - 38
7 Day - 214
30 Day - 833

You can call it a dead-cat bound, suckers' rally or whatever you like, but there is a pickup in activity - not surprising given the season, and we won't have a true feel for numbers until these units close over the next several months, but activity is up. Of course it is up from being basically dead, so no cause for bulls to get excited...

yes OTNYC, it was "DEAD" that was b/c of "FEAR". That is why everything went "STOP". So contrary to what Noah said seasonality is only a minor reason for the pickup. "FEAR ABATING" is the reason. When there is fear nothing, (seasonality included), moves real estate markets.

both commercial and residential re will continue decline for a while. its a bubble that burst just like any other

marco..oh okay...chuckle

OTNYC - what was the data for this time last year? Sequential data is utterly meaningless, since NYC is a very seasonal real estate market.

Every data point out there says contacts signed are way down year over year.

Not sure - some time on Miller Samuel site should give data. I am sure it is down year on year. Only point I was making was to refute SteveJ's comment that no one is buying.

yes OTNYC, it was "DEAD" that was b/c of "FEAR". That is why everything went "STOP". So contrary to what Noah said seasonality is only a minor reason for the pickup. "FEAR ABATING" is the reason. When there is fear nothing, (seasonality included), moves real estate markets.

jason IMO(see above)

Huh. I thought money moved real estate.

I have no fear, SteveF, give me a condo!

I think it coincides with the SE publicity in the NYT...many new posters

Wow! it's not me..:)