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DWCAP.
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April 28, 2008 at 5:09 PM #12587April 28, 2008 at 5:19 PM #195871
SDEngineer
ParticipantBear in mind though that the banks (and courts) apparently haven’t been able to keep up with foreclosures – that’s essentially must-sell inventory that is just waiting in the wings.
April 28, 2008 at 5:19 PM #195902ParticipantBear in mind though that the banks (and courts) apparently haven’t been able to keep up with foreclosures – that’s essentially must-sell inventory that is just waiting in the wings.
April 28, 2008 at 5:19 PM #195927ParticipantBear in mind though that the banks (and courts) apparently haven’t been able to keep up with foreclosures – that’s essentially must-sell inventory that is just waiting in the wings.
April 28, 2008 at 5:19 PM #195949ParticipantBear in mind though that the banks (and courts) apparently haven’t been able to keep up with foreclosures – that’s essentially must-sell inventory that is just waiting in the wings.
April 28, 2008 at 5:19 PM #195990ParticipantBear in mind though that the banks (and courts) apparently haven’t been able to keep up with foreclosures – that’s essentially must-sell inventory that is just waiting in the wings.
April 28, 2008 at 5:24 PM #195876jpinpb
ParticipantSD Engineer – That is so true. Today 1844 Law was scheduled to go to foreclosure. I’m not even sure if it actually went. A default was filed in October of 2007. We’re talking 6 months before they scheduled a foreclosure and for all I know, it might have been postponed.
That’s just one. There’s so many more out there.
April 28, 2008 at 5:24 PM #195907ParticipantSD Engineer – That is so true. Today 1844 Law was scheduled to go to foreclosure. I’m not even sure if it actually went. A default was filed in October of 2007. We’re talking 6 months before they scheduled a foreclosure and for all I know, it might have been postponed.
That’s just one. There’s so many more out there.
April 28, 2008 at 5:24 PM #195932ParticipantSD Engineer – That is so true. Today 1844 Law was scheduled to go to foreclosure. I’m not even sure if it actually went. A default was filed in October of 2007. We’re talking 6 months before they scheduled a foreclosure and for all I know, it might have been postponed.
That’s just one. There’s so many more out there.
April 28, 2008 at 5:24 PM #195954ParticipantSD Engineer – That is so true. Today 1844 Law was scheduled to go to foreclosure. I’m not even sure if it actually went. A default was filed in October of 2007. We’re talking 6 months before they scheduled a foreclosure and for all I know, it might have been postponed.
That’s just one. There’s so many more out there.
April 28, 2008 at 5:24 PM #195995ParticipantSD Engineer – That is so true. Today 1844 Law was scheduled to go to foreclosure. I’m not even sure if it actually went. A default was filed in October of 2007. We’re talking 6 months before they scheduled a foreclosure and for all I know, it might have been postponed.
That’s just one. There’s so many more out there.
April 28, 2008 at 7:39 PM #195906stockstradr
ParticipantHolding other things constant, yes, months-of-inventory is a good sign of where real estate markets are headed.
But other things are NOT constant, so I don’t buy your implied assumption that flattening inventory means the market is bottoming.
This is why Rich looks at additional factors, and posts data, for example, on the RATIO of inventory that is must-sell, bank-owned.
while inventory may have held flat, that very important ratio has NOT held flat. When a market transitions into one dominated with bank owned MUST SELL inventory, that has a dramatic impact on pricing.
April 28, 2008 at 7:39 PM #195937ParticipantHolding other things constant, yes, months-of-inventory is a good sign of where real estate markets are headed.
But other things are NOT constant, so I don’t buy your implied assumption that flattening inventory means the market is bottoming.
This is why Rich looks at additional factors, and posts data, for example, on the RATIO of inventory that is must-sell, bank-owned.
while inventory may have held flat, that very important ratio has NOT held flat. When a market transitions into one dominated with bank owned MUST SELL inventory, that has a dramatic impact on pricing.
April 28, 2008 at 7:39 PM #195962ParticipantHolding other things constant, yes, months-of-inventory is a good sign of where real estate markets are headed.
But other things are NOT constant, so I don’t buy your implied assumption that flattening inventory means the market is bottoming.
This is why Rich looks at additional factors, and posts data, for example, on the RATIO of inventory that is must-sell, bank-owned.
while inventory may have held flat, that very important ratio has NOT held flat. When a market transitions into one dominated with bank owned MUST SELL inventory, that has a dramatic impact on pricing.
April 28, 2008 at 7:39 PM #195984ParticipantHolding other things constant, yes, months-of-inventory is a good sign of where real estate markets are headed.
But other things are NOT constant, so I don’t buy your implied assumption that flattening inventory means the market is bottoming.
This is why Rich looks at additional factors, and posts data, for example, on the RATIO of inventory that is must-sell, bank-owned.
while inventory may have held flat, that very important ratio has NOT held flat. When a market transitions into one dominated with bank owned MUST SELL inventory, that has a dramatic impact on pricing.
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