46 actives (14 shorts, 2 REO) Most of the SS have offers according to the comments.
9 pendings (4 shorts, 1 REO)
– 7 new actives listed since 2/18
– None of the new actives are shorts or REO!
– 3 new pendings that went pending after 2/18
– 2 of the new pendings are shorts
– 1 of the new pendings is an REO
– 1 expired since 2/18
– 1 cancelled since 2/18 (short sale)
– 1 withdrawn since 2/18
– 2 solds since 2/18 (Neither was a short or REO)
(One of them was 10212 Lone Dove, went for 775k)
*Synopsis…not much… the pendings are slow moving… The active/pending ratio is slowly deteriorating, inventory is moving up slow but steady. Let’s see if it is 5 to 1 by my next post in 2 weeks.
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3/5/08
92130
148 actives (4 short, 2REO)
52 pendings (2 short 4 REO)
43 new listings since 2/18/08 (WOW!)
1 new listing is short.
26 new pendings since 2/18/08
4 of the new pendings are REO.
6 expireds since 2/18
1 cancelled since 2/18
10 withdrawns since 2/18 (1 short)
14 solds since 2/18. (2 REO)
Musings… Our favorite Caminito Stella sols at 1.625M which was 125k above asking and about 400k below the 2005 sales price, (a nice 20% decline)… Mesa Norte is still pending. There is a HUGE rush of new inventory. Similarly there has been alot of pendings as well. Combine the pendings with the solds, expireds, cancelled and withdrawens and the active/pending ratio is holding strong and even has improved from 2 weeks ago.
