[quote=sdcellar]Actually, based on the new information (which you probably hadn’t seen yet), it looks like maybe not so much, at least in one of the zips in question.
That, combined with what you made me realize regarding new housing stock from ’99 on, makes me wonder how much of the resale in the other two zips actually was churn on the newer product. This ties neatly back into that whole tenure discussion.[/quote]
What about the whole distress discussion? Wouldn’t most of the people who bought in the peak get flushed out by now? Which mean resale supposed to go up, not down.
