The traders or investers in any market that make the most money don't worry about tops or bottoms they just focus and catching the meat of the moves.  

All sorts of things impact that in the short term:Federal funds rateCommercial interest ratesRelative attractiveness of other asset classesRelative attractiveness of other corporate equitiesCapital inflow to and outflow from US marketsValue of the US dollarRegulation of the pension funds and other large coglomerate investors in REITs (that don't typically directly invest in property like people on this site do)Impact of technical traders who don't even know what a REIT does  ;)I suppose many of these could impact the overall real estate industry (at least the commercial property side), but I wouldn't use 3 weeks of public market action as an indicator of anything.

Unless you are a professional foreign currency trader, that is.

I may be heading to an investor's event in KC tonight, "KC House Traders".

None of us are Macro traders so worrying about rates vs inflation ignores how we all plan on making money; through the four wealth generators of REI.

If you want to be a day trader, you either demo trade till you prove yourself or you open an account with a small amount you expect to lose as "tuition" cost.

There has been quite a bit of development and the area has a wide variety of amenities, including a Trader Joe's, Whole Foods, Harbor Greens, etc. 

Following up on above: Since a professional real estate borrower can indeed deduct interest he does pay, according to the IRS, interest he is contractually obligated to pay but doesn't, can apparently be considered income against him, and thus expense to the lender@Dan Rudolph  - Your comment is well-taken (love Tesla :-)   but there is a key difference: Tesla is not contractually obligated to its stock traders to pay $X.    

I'm new, here's a little bit about me.I started trading Forex market since 2005.

.), a former Goldman Sachs trader, added, "There is no evidence that the capital markets aren't working, and the sad thing is, no one on this side will tell you that Dodd-Frank is perfect."