SD R,
Sorry but I’m not seeing it. In my area things ar just plodding along. Personally, my activity has been normal to a bit slower the last few weeks. I’ve got a couple I got in escrow this Summer that will close soon, but other than that I’ve got a few that are seeing less activity than a month ago. On the buyer side, I have about 6 folks waiting for the right house at what they consider a fair price. Most of these are high end buyer’s (1-2M). They are picky and the homes they are interested have sellers standing on ceremony. All are well qualified but patient which I am encouraging. Once we get closer to Winter some will probably get a bit more motivated. I do have one buyer about the pull the trigger on a very high end home ($3M to $6M). I’m having a great year but most people I know are struggling mightily. The funny thing is I have barely been working as I have been devoting most of my time the last 45 days to a couple new business ventures I am involved in(ughhh…business plans and pro formas UGGHHHHH!)

In my office, our listing inventory is very high and sales are slow. I am seeing lots of reductions and wonder what will happen late Fall as many strong agents who havent seen a paycheck in months pound on their clients for price reductions.

You mean that there doesn’t appear to be much on the market, but also not much selling? What part of Clairemont are you looking in?

Josh

I think most people believe the market will rebound in the spring. People who don’t need to sell now, may wait to list in the spring. Also, the fall is a seasonal low time for inventory. This year, the inventory could rise if more distressed borrowers decide they need to get rid out from under their loans.