5 signs that say BUY from a Wall Street Journal Article

·         Here are excerpts from an article in the Wall Street Journal on February 26, 2011 entitled, "Five Signs That Say 'Buy':

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  1. Jobs.  Jobs data are about one month old and can show the direction of the local economy.
  2. Recent Sales Activity.  Look at a composite of housing inventory, sales volume and prices.
  3. Construction.  Check the number of building permits issued recently.
  4. Mortgage Availability.  Gauge local lending patterns
  5.  Anecdotal Evidence.  Check out open houses and talk to local agents