Home › Forums › Housing › Carmel Valley Monitor › Its been a very ugly week
Its been a very ugly week particularly for homes requiring Jumbo loans. Let’s see how our favorite bellweather fared:
8/9 to 8/15
new listings – 5 (I aint movin if I cant get my price) back on market – 2 (Sorry but my loan program vanished)
Total growth in inventory – 7
pendings – 7 (average market time only 21 days w/ range from 4 to 49 days, sellers waking up?)
expired – 2 (I’m not selling if I cant get my price damnit!!)
withdrawn – 4 (screw this market, I’m outta here!) cancelled – 2 (screw my agent, he/she is outta here!)
Total decrease in inventory – 15
Net change in inventory – minus 8
Warning, Warning Market entering lockdown phase!!
