[quote-sdduuuude]As for me, I’m pretty much in a position where I have to buy a move-up house this year. As such, my predictions will always be to the wish-ful thinking bearish side, even though the inventory situation indicates otherwise 🙂
I’m not religious but I pray for inventory every day.[/quote]
sdduuuude, I want to draw your attn to your recent update to your thread of 2 mos ago:
[quote=sdduuuude]An update for you. Wanted to get this done before the MASSIVE onrush of inventory that is coming to CV after the Super Bowl !!!!
62 homes for sale in 92130. 61 of them short.
< $1M. 16 for sale. 2 short.
> $1M. 46 for sale. No short sales.
Grrr. Down from 81 in late Nov.
I’m going to change my stats from 92130 to Carmel Valley Middle School. Redfin boundary isn’t quit right, but it’ll have to do. This cuts out a bunch of $2-million+ homes just south of San Dieguito road and an awkward section of 92130 that is in the Poway District.
44 homes for sale in CVMS area. 2 of those are short.
< $1M. 16 for sale. 2 short.
> $1M. 28 for sale. No short sales.[/quote]
I take it you meant two short sales instead of 61 short sales?
sdduuuude, if the (SFR?) inventory in CarmelV is now 62 (down from 81 in November), what are you waiting for? If 60 of these properties are now “available” (not “contingent” with deadbeat “owners” to possibly strip them and lender(s) who will play games with YOU, a prospective buyer), I’m simply not understanding why 60 is not enough inventory to choose from which to make offers.
This is astounding to me and is the main point I was trying to make here:
You’ve been “looking” in this area for months or even years, no? If CarmelV is where you really want to be and you have the ability to move there, you should make it happen, forthwith, IMHO.
It’s not going to get any better than this, sdduuuude. And no, I am not a RE bull but I am fully cognizant of how the SD RE market and mortgage market works and consider myself a “realist.”
If it’s okay with you to “miss the boat,” far be it from me to judge. I’m sure you’re aware that you still have several (public) school choices (even without a CHOICE or zone transfer) for your kids (twins?):
