In yesterday’s U-T there was an article about the Dataquick sales numbers for last month. Dataquick analyst Andrew LePage noted that November saw a “rare uptick in sales activity from October”, which might signal three trends:
A slight rebound recently for attractive jumbo loans;
1. Sellers willing to accept discounted offers;
2. Lenders dropping prices on foreclosed properties.
He forgot one – the October fires pushed some closings into November. (read the rest at the blog)
