carlsbadworker wrote:Do you

[bearishgurl]

[quote=carlsbadworker]Do you have the ratio of distressed sales over total sales? DQNews says it is over 50% in SoCal. That doesn’t bode well for realtors as the sales might keep declining for the year because there will be less inventory and eventually there is a standoff.
Even many of the standard sales now are flipper homes with a turn around time within 90 days. So the real statistics is alarming.[/quote]

Agree with all of this, carlsbadworker, but I tried in vain to get sdr to answer this for us.

http://piggington.com/weekly_inventory_report

Perhaps the answer is not readily apparent the way the info on REALIST is set up.

If there ends of being a “standoff” between few sellers and many buyers, my take is that the sellers will prevail (IF they are “equity sellers”).