Lots of evidence that the housing market is slowing; prices are not rising as quickly as in the past, inventory is building and perhaps most tellingly insiders are selling shares of home building firms at record pace.
Some analysts say that the share sales by home builders are reminiscent
of the heavy dumping of stock by technology company executives just
before the technology bubble burst in 2000. For that reason, the
staggering level of insider sales has analysts and investors wondering
if home builders see something menacing on the horizon, like a cooling
of the real estate market.