HWG,
You can follow both of those areas weekly in 2 ongoing threads I created. In the Short Sale Monitor, I usually include some commentary on the Encinitas/South carlsbad (NCC) market. I update it between Monday afternoon and Tuesday Morning each week. On the CV Monitor, you can get the information that I update on Thursdays.
In a nutshell, they are holding up much better than the overall market. In the last couple weeks, the NCC market has definely slowed down a little. The same thing happened last year and I expect inventory will pile up for the next 4 to 6 weeks as it did last year. This excess inventory should lead to a slow decline in prices through the end of the year as motivated sellers step up and reduce their prices ahead of the pack.
In CV, the market has not slowed down yet and is doing very well. Maybe this will be the week it slows down.
