The property markets in Britain and the States are down and, likely, downer (to be quite ungrammatically but emotionally frank). Many people are sitting on the sidelines waiting for that one moment, that one flicker of a signal that says, "Time to dive in."
When will it come?
The Times (UK) tells us that Bill Gates has purchased a stake in Carpetright via his investment vehicle Cascade Investment LLC. He sucked up 3% of the shares, causing shares in the company to get quite hot by an equal percentage.
Is Bill seeing a bottom? We must keep in mind he has the necessary massive assets and staying power to wait out any misjudgments in timing.
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