This anticipated real estate occurrence appears to be "right on schedule"
By Elliott Wave International
It's always good to get ahead of a trend and not wait until it's obvious to everyone.Consider the subprime mortgage crisis of more than a decade ago. As you'll probably recall, it took most investors by surprise, even seasoned financial and real estate professionals.
Indeed, long before the phrase "mortgage meltdown" was capturing the headlines during the 2007-2009 financial crisis, the monthly Elliott Wave Financial Forecast, a publication which provides forecasts for major U.S. financial markets, warned subscribers about the real estate market. Here's a chart and commentary from the March 2005 issue:
Back in the 1990s, The Elliott Wave Theorist
designated Japan's developing deflation as the best available model for
the U.S. The figure shows the plunge in commercial, residential and
industrial real estate prices since the Japanese stock market peaked in
1990. ... The Japanese real estate experience will be replayed in the
U.S.
