[quote=SD Realtor]I am not so sure that the post was meant to be a prediction post. I think of all the posts FSD and UCGAL where the most I agree with. The main point which evidently was not made well, is that the inventory growth and poor active pending ratios may bode well for many of the submarkets that they are affecting. This is more of a short term prognostication. These are leading indicators that are followed up by pricing a few months later.
Don’t worry we will all be told that it was Bushes fault anyways.[/quote]
When you say bode well – does it bode well for buyers or for sellers? Obviously sellers want a heated up market and bidding wars. Buyers want the opposite. The market is what it is… it’s the players that see things boding well or badly.
Since you buy (at auction) and sell… you see both sides of this -and I can’t say which perspective you’re saying is going to “bode well”.
I’m not trying to be argumentative – just trying to understand your sense of things.