November 6th, 2008 1:18 PM by AJ Gentry
James Stack of InvesTech Research came up with the Bellwether Index below that shows the point where the housing sector peaked pricing wise when things were overbuilt and demand was rocket high back in 2005. Though the graph is tied to housing related stocks, it also correlates well with where condo and home prices are in today's market -- down 8% in Kansas City (23% across the nation).
If you want to buy low, no is the time. If you want to sell, price aggressively.