I read an article a couple of days ago on MSNBC or CNN (can’t remember which) that said that the majority of realtors in Stockton, Merced and Sacramento wouldn’t take any new listings since there were too many homes that weren’t selling. I don’t know if there’s any of that going on in SD. So, in addition to what the posters above my post have listed, I don’t think it means too much at this point. If the inventory starts dropping heavily and the sales are also increasing at a heavy rate, then this will be much more meaningful.
