Why is this article “good” for anything other than for flippers? It’s basically about a listing agent who wants to sell foreclosures, but he’s having a hard time doing it. If everyone was selling and inventory was skyrocketing like so many people predict then agents would be in 7th Heaven. Face it, sellers missed the peak and they aren’t going to list so inventory will continue to shrink for decent homes. Who knows about $250k homes in Corona and who cares?
LA is about 12 months behind San Diego where inventory is now the same as a year ago despite the sales slowdown and way dow in the good areas.
