Activity Lately

[CA renter]

I’ve been saying for **years** that the govt would try to intervene via the GSEs and FHA, along with massive loan mods — including principal write-downs. I even suggested principal write-downs at a Community Reinvestment Task Force meeting last year, and also recommended it in letters, faxes and phone calls to multiple representatives, the White House, the Fed and Treasury, along with other regulatory agencies — but recommended the “written-off” portion be split into a non-recourse loan that could be sold on the secondary market and would accrue interest, and be due upon sale. Also said that any deferred amount would have to somehow be reflected in public records since the original sale price was not valid (could never be paid off by the borrower w/o appreciation).

I also said that these measures would **prolong** the recession/depression, not get us out of it. It remains to be seen if that prediction is correct.

We have a few more years to go…

[SD Realtor]

Okay CAR –

4/15/08 – 5/15/08 compared to 4/15/09 – 5/15/09 for detached homes only. 08 is on top and 09 is on the bottom.

Zip Code #Solds LP SP DOM
92009 27 928k 881k 71
92009 43 815k 773k 49

92008 15 742k 716k 41
92008 15 531k 512k 62

92054 25 447k 433k 56
92054 18 339k 320k 77

92056 26 425k 413k 58
92056 44 330k 324k 50

92024 33 946k 886k 88
92024 24 895k 858k 38

92129 29 594k 570k 52
92129 22 587k 575k 47

92131 29 768k 734k 54
92131 24 736k 696k 51

92126 57 427k 414k 58
92126 38 353k 353k 60

92127 29 1.08M 1.02M 74
92127 20 966k 888k 62

92117 35 489k 467k 64
92117 32 422k 416k 40

91913 42 446k 431k 65
91913 44 363k 372k 58

92104 17 450k 435k 27
92104 18 523k 511k 70

92071 30 402k 377k 71
92071 26 338k 336k 86

92037 20 3.345M 3M 57
92037 11 3.59M 2.8M 101

92130 36 1.15M 1.092M 41
92130 25 981k 928k 57

Notes and observations. Because the time period was only 5 days ago, expect 2009 sales to grow due to agent tardiness.

92127 was further filtered with homes built after 1998 to get a focus on more 4S timeframes of being buit.

I was actually surprised at the results at first but then it hit me that sales volume does not have to be up given that we have a substantial reduction in inventory.

Have at it guys

[SD Realtor]

Okay CAR –

4/15/08 – 5/15/08 compared to 4/15/09 – 5/15/09 for detached homes only. 08 is on top and 09 is on the bottom.

Zip Code #Solds LP SP DOM
92009 27 928k 881k 71
92009 43 815k 773k 49

92008 15 742k 716k 41
92008 15 531k 512k 62

92054 25 447k 433k 56
92054 18 339k 320k 77

92056 26 425k 413k 58
92056 44 330k 324k 50

92024 33 946k 886k 88
92024 24 895k 858k 38

92129 29 594k 570k 52
92129 22 587k 575k 47

92131 29 768k 734k 54
92131 24 736k 696k 51

92126 57 427k 414k 58
92126 38 353k 353k 60

92127 29 1.08M 1.02M 74
92127 20 966k 888k 62

92117 35 489k 467k 64
92117 32 422k 416k 40

91913 42 446k 431k 65
91913 44 363k 372k 58

92104 17 450k 435k 27
92104 18 523k 511k 70

92071 30 402k 377k 71
92071 26 338k 336k 86

92037 20 3.345M 3M 57
92037 11 3.59M 2.8M 101

92130 36 1.15M 1.092M 41
92130 25 981k 928k 57

Notes and observations. Because the time period was only 5 days ago, expect 2009 sales to grow due to agent tardiness.

92127 was further filtered with homes built after 1998 to get a focus on more 4S timeframes of being buit.

I was actually surprised at the results at first but then it hit me that sales volume does not have to be up given that we have a substantial reduction in inventory.

Have at it guys

[SD Realtor]

Okay CAR –

4/15/08 – 5/15/08 compared to 4/15/09 – 5/15/09 for detached homes only. 08 is on top and 09 is on the bottom.

Zip Code #Solds LP SP DOM
92009 27 928k 881k 71
92009 43 815k 773k 49

92008 15 742k 716k 41
92008 15 531k 512k 62

92054 25 447k 433k 56
92054 18 339k 320k 77

92056 26 425k 413k 58
92056 44 330k 324k 50

92024 33 946k 886k 88
92024 24 895k 858k 38

92129 29 594k 570k 52
92129 22 587k 575k 47

92131 29 768k 734k 54
92131 24 736k 696k 51

92126 57 427k 414k 58
92126 38 353k 353k 60

92127 29 1.08M 1.02M 74
92127 20 966k 888k 62

92117 35 489k 467k 64
92117 32 422k 416k 40

91913 42 446k 431k 65
91913 44 363k 372k 58

92104 17 450k 435k 27
92104 18 523k 511k 70

92071 30 402k 377k 71
92071 26 338k 336k 86

92037 20 3.345M 3M 57
92037 11 3.59M 2.8M 101

92130 36 1.15M 1.092M 41
92130 25 981k 928k 57

Notes and observations. Because the time period was only 5 days ago, expect 2009 sales to grow due to agent tardiness.

92127 was further filtered with homes built after 1998 to get a focus on more 4S timeframes of being buit.

I was actually surprised at the results at first but then it hit me that sales volume does not have to be up given that we have a substantial reduction in inventory.

Have at it guys

[SD Realtor]

Okay CAR –

4/15/08 – 5/15/08 compared to 4/15/09 – 5/15/09 for detached homes only. 08 is on top and 09 is on the bottom.

Zip Code #Solds LP SP DOM
92009 27 928k 881k 71
92009 43 815k 773k 49

92008 15 742k 716k 41
92008 15 531k 512k 62

92054 25 447k 433k 56
92054 18 339k 320k 77

92056 26 425k 413k 58
92056 44 330k 324k 50

92024 33 946k 886k 88
92024 24 895k 858k 38

92129 29 594k 570k 52
92129 22 587k 575k 47

92131 29 768k 734k 54
92131 24 736k 696k 51

92126 57 427k 414k 58
92126 38 353k 353k 60

92127 29 1.08M 1.02M 74
92127 20 966k 888k 62

92117 35 489k 467k 64
92117 32 422k 416k 40

91913 42 446k 431k 65
91913 44 363k 372k 58

92104 17 450k 435k 27
92104 18 523k 511k 70

92071 30 402k 377k 71
92071 26 338k 336k 86

92037 20 3.345M 3M 57
92037 11 3.59M 2.8M 101

92130 36 1.15M 1.092M 41
92130 25 981k 928k 57

Notes and observations. Because the time period was only 5 days ago, expect 2009 sales to grow due to agent tardiness.

92127 was further filtered with homes built after 1998 to get a focus on more 4S timeframes of being buit.

I was actually surprised at the results at first but then it hit me that sales volume does not have to be up given that we have a substantial reduction in inventory.

Have at it guys

[SD Realtor]

Okay CAR –

4/15/08 – 5/15/08 compared to 4/15/09 – 5/15/09 for detached homes only. 08 is on top and 09 is on the bottom.

Zip Code #Solds LP SP DOM
92009 27 928k 881k 71
92009 43 815k 773k 49

92008 15 742k 716k 41
92008 15 531k 512k 62

92054 25 447k 433k 56
92054 18 339k 320k 77

92056 26 425k 413k 58
92056 44 330k 324k 50

92024 33 946k 886k 88
92024 24 895k 858k 38

92129 29 594k 570k 52
92129 22 587k 575k 47

92131 29 768k 734k 54
92131 24 736k 696k 51

92126 57 427k 414k 58
92126 38 353k 353k 60

92127 29 1.08M 1.02M 74
92127 20 966k 888k 62

92117 35 489k 467k 64
92117 32 422k 416k 40

91913 42 446k 431k 65
91913 44 363k 372k 58

92104 17 450k 435k 27
92104 18 523k 511k 70

92071 30 402k 377k 71
92071 26 338k 336k 86

92037 20 3.345M 3M 57
92037 11 3.59M 2.8M 101

92130 36 1.15M 1.092M 41
92130 25 981k 928k 57

Notes and observations. Because the time period was only 5 days ago, expect 2009 sales to grow due to agent tardiness.

92127 was further filtered with homes built after 1998 to get a focus on more 4S timeframes of being buit.

I was actually surprised at the results at first but then it hit me that sales volume does not have to be up given that we have a substantial reduction in inventory.

Have at it guys

[an]

Sales of SFR in 92126 took a huge dive huh? From 57 to 38. Right now, there’s 44 SFR for sale in 92126, so I guess that’s ~1.2 months supply. Very interesting stats SD R.

[an]

Sales of SFR in 92126 took a huge dive huh? From 57 to 38. Right now, there’s 44 SFR for sale in 92126, so I guess that’s ~1.2 months supply. Very interesting stats SD R.

[an]

Sales of SFR in 92126 took a huge dive huh? From 57 to 38. Right now, there’s 44 SFR for sale in 92126, so I guess that’s ~1.2 months supply. Very interesting stats SD R.

[an]

Sales of SFR in 92126 took a huge dive huh? From 57 to 38. Right now, there’s 44 SFR for sale in 92126, so I guess that’s ~1.2 months supply. Very interesting stats SD R.

[an]

Sales of SFR in 92126 took a huge dive huh? From 57 to 38. Right now, there’s 44 SFR for sale in 92126, so I guess that’s ~1.2 months supply. Very interesting stats SD R.

[CA renter]

Thanks so much for your work, SDR! 🙂

Yes, I’m sure the sales volume will go up as time wears on. Still, those are interesting numbers, and show that some areas are on fire, while others are much slower than last year.

FWIW, I got the following sales numbers, if my addition is correct:

2008: 450
2009: 404

I’m guessing more sales will come in and they should be fairly even. Still, with all the hoopla about the selling season this year, I would have thought 2009 would have come in much higher, comparatively.

Yes, inventory is down, but I’m in the camp that believes it’s being artificially suppressed and these are not “real” market inventory numbers we are seeing now.

Again, this story is definitely not over, and it will be fasciniating to watch it unfold.

Thank you! Beer’s on me at the next meet-up. 🙂

[CA renter]

Thanks so much for your work, SDR! 🙂

Yes, I’m sure the sales volume will go up as time wears on. Still, those are interesting numbers, and show that some areas are on fire, while others are much slower than last year.

FWIW, I got the following sales numbers, if my addition is correct:

2008: 450
2009: 404

I’m guessing more sales will come in and they should be fairly even. Still, with all the hoopla about the selling season this year, I would have thought 2009 would have come in much higher, comparatively.

Yes, inventory is down, but I’m in the camp that believes it’s being artificially suppressed and these are not “real” market inventory numbers we are seeing now.

Again, this story is definitely not over, and it will be fasciniating to watch it unfold.

Thank you! Beer’s on me at the next meet-up. 🙂

[CA renter]

Thanks so much for your work, SDR! 🙂

Yes, I’m sure the sales volume will go up as time wears on. Still, those are interesting numbers, and show that some areas are on fire, while others are much slower than last year.

FWIW, I got the following sales numbers, if my addition is correct:

2008: 450
2009: 404

I’m guessing more sales will come in and they should be fairly even. Still, with all the hoopla about the selling season this year, I would have thought 2009 would have come in much higher, comparatively.

Yes, inventory is down, but I’m in the camp that believes it’s being artificially suppressed and these are not “real” market inventory numbers we are seeing now.

Again, this story is definitely not over, and it will be fasciniating to watch it unfold.

Thank you! Beer’s on me at the next meet-up. 🙂

[CA renter]

Thanks so much for your work, SDR! 🙂

Yes, I’m sure the sales volume will go up as time wears on. Still, those are interesting numbers, and show that some areas are on fire, while others are much slower than last year.

FWIW, I got the following sales numbers, if my addition is correct:

2008: 450
2009: 404

I’m guessing more sales will come in and they should be fairly even. Still, with all the hoopla about the selling season this year, I would have thought 2009 would have come in much higher, comparatively.

Yes, inventory is down, but I’m in the camp that believes it’s being artificially suppressed and these are not “real” market inventory numbers we are seeing now.

Again, this story is definitely not over, and it will be fasciniating to watch it unfold.

Thank you! Beer’s on me at the next meet-up. 🙂

[Author]

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