Firstrung: Snakes, black swans, bird flu and turkeys voting for Christmas

An odd thing happened the other day, we published a press release suggesting the housing market was headed for gridlock and cited the various data sources and where they are headed in support of our theory. No less than two major house sales websites commented on the release, findaproperty.com actually published a rebuttal, of sorts. This lead to a very brief off-line discussion between myself and the editor of the site which, similar to Rightmove.com and Primelocation.com, is a superb resource. Despite the fact that all these sites are experiencing increased traffic and a huge rise in listings, we're not entirely sure all is well in that micro industry. RM shares have moved up spectacularly in recent months to be way ahead of their issue price.