About a month to go before prime house hunting/selling season starts

[outtamojo]

sdr,SDR,Urban and other realtors, do you feel some listings coming soon?

[Nor-LA-SD-guy]

Not a Realtor but personally

I don’t expect much one way or the other, possibly a small spike in the lower range areas, but at that point I think things will be getting back to normal and you will start to see a lot more (non-foreclosure) organic listings.

Higher end area’s I think maybe will see some continued distress, but nothing drastic, but Who knows, I would like to trade up to a coastal McMansion maybe if things really start to take a hit in the coastal area’s, I don’t count that as likely however and I am fine where I am at the same time.

[Nor-LA-SD-guy]

Not a Realtor but personally

I don’t expect much one way or the other, possibly a small spike in the lower range areas, but at that point I think things will be getting back to normal and you will start to see a lot more (non-foreclosure) organic listings.

Higher end area’s I think maybe will see some continued distress, but nothing drastic, but Who knows, I would like to trade up to a coastal McMansion maybe if things really start to take a hit in the coastal area’s, I don’t count that as likely however and I am fine where I am at the same time.

[Nor-LA-SD-guy]

Not a Realtor but personally

I don’t expect much one way or the other, possibly a small spike in the lower range areas, but at that point I think things will be getting back to normal and you will start to see a lot more (non-foreclosure) organic listings.

Higher end area’s I think maybe will see some continued distress, but nothing drastic, but Who knows, I would like to trade up to a coastal McMansion maybe if things really start to take a hit in the coastal area’s, I don’t count that as likely however and I am fine where I am at the same time.

[Nor-LA-SD-guy]

Not a Realtor but personally

I don’t expect much one way or the other, possibly a small spike in the lower range areas, but at that point I think things will be getting back to normal and you will start to see a lot more (non-foreclosure) organic listings.

Higher end area’s I think maybe will see some continued distress, but nothing drastic, but Who knows, I would like to trade up to a coastal McMansion maybe if things really start to take a hit in the coastal area’s, I don’t count that as likely however and I am fine where I am at the same time.

[Nor-LA-SD-guy]

Not a Realtor but personally

I don’t expect much one way or the other, possibly a small spike in the lower range areas, but at that point I think things will be getting back to normal and you will start to see a lot more (non-foreclosure) organic listings.

Higher end area’s I think maybe will see some continued distress, but nothing drastic, but Who knows, I would like to trade up to a coastal McMansion maybe if things really start to take a hit in the coastal area’s, I don’t count that as likely however and I am fine where I am at the same time.

[sdrealtor]

I just stopped by my old office which is one of the busiest in the county. I spoke to several very good long time agents. Everyone felt the same way. Inventory is and will continue to be very thin in my area. Below 700K will be very competitive for buyers and prices could rise a little as more fencesitters capitulate. Above that it will continue to be a tough market for sellers.

They had 3 new listings for the office caravan go pending immendiately. Decent townhomes and entry level homes are tough to find in NCC.

As an aside, I rec’d Foreclosure Radar’s december report yesterday. Average daily NOD and NOT filings are down 30 to 40% over last year. What this tells me is any foreclosure flood is still at least 6 months away if we are going to see one. I constantly hear of distressed homewoners but the inventory is just not reaching the market around here and I have no idea when and if it will. Alot of home buyers are going to be banging their heads against the wall this Spring. I wish it was otherwise but its gonna be tough out there for everyone.

[sdrealtor]

I just stopped by my old office which is one of the busiest in the county. I spoke to several very good long time agents. Everyone felt the same way. Inventory is and will continue to be very thin in my area. Below 700K will be very competitive for buyers and prices could rise a little as more fencesitters capitulate. Above that it will continue to be a tough market for sellers.

They had 3 new listings for the office caravan go pending immendiately. Decent townhomes and entry level homes are tough to find in NCC.

As an aside, I rec’d Foreclosure Radar’s december report yesterday. Average daily NOD and NOT filings are down 30 to 40% over last year. What this tells me is any foreclosure flood is still at least 6 months away if we are going to see one. I constantly hear of distressed homewoners but the inventory is just not reaching the market around here and I have no idea when and if it will. Alot of home buyers are going to be banging their heads against the wall this Spring. I wish it was otherwise but its gonna be tough out there for everyone.

[sdrealtor]

I just stopped by my old office which is one of the busiest in the county. I spoke to several very good long time agents. Everyone felt the same way. Inventory is and will continue to be very thin in my area. Below 700K will be very competitive for buyers and prices could rise a little as more fencesitters capitulate. Above that it will continue to be a tough market for sellers.

They had 3 new listings for the office caravan go pending immendiately. Decent townhomes and entry level homes are tough to find in NCC.

As an aside, I rec’d Foreclosure Radar’s december report yesterday. Average daily NOD and NOT filings are down 30 to 40% over last year. What this tells me is any foreclosure flood is still at least 6 months away if we are going to see one. I constantly hear of distressed homewoners but the inventory is just not reaching the market around here and I have no idea when and if it will. Alot of home buyers are going to be banging their heads against the wall this Spring. I wish it was otherwise but its gonna be tough out there for everyone.

[sdrealtor]

I just stopped by my old office which is one of the busiest in the county. I spoke to several very good long time agents. Everyone felt the same way. Inventory is and will continue to be very thin in my area. Below 700K will be very competitive for buyers and prices could rise a little as more fencesitters capitulate. Above that it will continue to be a tough market for sellers.

They had 3 new listings for the office caravan go pending immendiately. Decent townhomes and entry level homes are tough to find in NCC.

As an aside, I rec’d Foreclosure Radar’s december report yesterday. Average daily NOD and NOT filings are down 30 to 40% over last year. What this tells me is any foreclosure flood is still at least 6 months away if we are going to see one. I constantly hear of distressed homewoners but the inventory is just not reaching the market around here and I have no idea when and if it will. Alot of home buyers are going to be banging their heads against the wall this Spring. I wish it was otherwise but its gonna be tough out there for everyone.

[sdrealtor]

I just stopped by my old office which is one of the busiest in the county. I spoke to several very good long time agents. Everyone felt the same way. Inventory is and will continue to be very thin in my area. Below 700K will be very competitive for buyers and prices could rise a little as more fencesitters capitulate. Above that it will continue to be a tough market for sellers.

They had 3 new listings for the office caravan go pending immendiately. Decent townhomes and entry level homes are tough to find in NCC.

As an aside, I rec’d Foreclosure Radar’s december report yesterday. Average daily NOD and NOT filings are down 30 to 40% over last year. What this tells me is any foreclosure flood is still at least 6 months away if we are going to see one. I constantly hear of distressed homewoners but the inventory is just not reaching the market around here and I have no idea when and if it will. Alot of home buyers are going to be banging their heads against the wall this Spring. I wish it was otherwise but its gonna be tough out there for everyone.

[outtamojo]

Thanks for the reply sdr. All I can say is gosh, if I was still looking for a house in SEH right now there’s literally nothing active that would interest me. I have a feeling the sales numbers may drop significantly because there’s still a bit of fear amongst the buyers it seems and they just won’t plunk down scarce money for the tablescrap inventory out there. Otoh, the longer they have to wait for the flood to return us to normal inventory levels, the bigger the downpayment they will have.

[outtamojo]

Thanks for the reply sdr. All I can say is gosh, if I was still looking for a house in SEH right now there’s literally nothing active that would interest me. I have a feeling the sales numbers may drop significantly because there’s still a bit of fear amongst the buyers it seems and they just won’t plunk down scarce money for the tablescrap inventory out there. Otoh, the longer they have to wait for the flood to return us to normal inventory levels, the bigger the downpayment they will have.

[outtamojo]

Thanks for the reply sdr. All I can say is gosh, if I was still looking for a house in SEH right now there’s literally nothing active that would interest me. I have a feeling the sales numbers may drop significantly because there’s still a bit of fear amongst the buyers it seems and they just won’t plunk down scarce money for the tablescrap inventory out there. Otoh, the longer they have to wait for the flood to return us to normal inventory levels, the bigger the downpayment they will have.

[outtamojo]

Thanks for the reply sdr. All I can say is gosh, if I was still looking for a house in SEH right now there’s literally nothing active that would interest me. I have a feeling the sales numbers may drop significantly because there’s still a bit of fear amongst the buyers it seems and they just won’t plunk down scarce money for the tablescrap inventory out there. Otoh, the longer they have to wait for the flood to return us to normal inventory levels, the bigger the downpayment they will have.

[Author]

Posts