Americans aim for the top of the real-estate boom

To all would-be home sellers who aim to time the top in real-estate prices, best of luck.

1st October, 2005

To all would-be home sellers who aim to time the top in real-estate prices, best of luck.

In even the most liquid and transparent investment market catching just the right moment to jump this way or that is a dicey proposition. And real estate is a whole lot less liquid and transparent than most.

No matter how many stories you hear about fortunes made trading houses like bubble gum cards, it's a market particularly ill-suited...

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