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  • July 10, 2009 at 12:59 AM #16015
    outtamojo
    Participant

    Took a walk around my ‘hood a few days after I got back from vacation and saw not a single For Sale sign in my development of 141 homes. Not a single one. There is one trashed out abandoned home that was still on Realtor.Com listed for sale cause I had to check, but NOTHING else. This has never happened before. All,save 1 of the foreclosure/short sale/abandoned homes (about 20) are now in the hands of private owners. I live in Salinas,Ca. and there has only been 1 active new home development since 2004. (though I think there may have been some sort of low income sweat equity deal somewhere). I am curious now and going to have to check out other nearby developments, which reminds me- my wife just showed me a letter her mom received from someone offering to buy her house (mother in law lives half a mile from us in another development)! How does this jibe w/ the gloomy economy, penniless consumer,massive projected unemployment, coming deluge of inventory/shadow etc?

    July 10, 2009 at 7:43 AM #427983
    evolusd
    Participant

    It doesn’t jive at all…that’s why I’m staying WAY CLEAR of this housing market.

    July 10, 2009 at 7:43 AM #428210
    evolusd
    Participant

    It doesn’t jive at all…that’s why I’m staying WAY CLEAR of this housing market.

    July 10, 2009 at 7:43 AM #428501
    evolusd
    Participant

    It doesn’t jive at all…that’s why I’m staying WAY CLEAR of this housing market.

    July 10, 2009 at 7:43 AM #428572
    evolusd
    Participant

    It doesn’t jive at all…that’s why I’m staying WAY CLEAR of this housing market.

    July 10, 2009 at 7:43 AM #428734
    evolusd
    Participant

    It doesn’t jive at all…that’s why I’m staying WAY CLEAR of this housing market.

    July 10, 2009 at 8:42 AM #427993
    svelte
    Participant

    Our housing development has over 300 homes here in SD county and there are zero for sale here, too. It is sort of amazing…a year ago I would have predicted there would be signs up all over the place.

    July 10, 2009 at 8:42 AM #428220
    svelte
    Participant

    Our housing development has over 300 homes here in SD county and there are zero for sale here, too. It is sort of amazing…a year ago I would have predicted there would be signs up all over the place.

    July 10, 2009 at 8:42 AM #428511
    svelte
    Participant

    Our housing development has over 300 homes here in SD county and there are zero for sale here, too. It is sort of amazing…a year ago I would have predicted there would be signs up all over the place.

    July 10, 2009 at 8:42 AM #428582
    svelte
    Participant

    Our housing development has over 300 homes here in SD county and there are zero for sale here, too. It is sort of amazing…a year ago I would have predicted there would be signs up all over the place.

    July 10, 2009 at 8:42 AM #428744
    svelte
    Participant

    Our housing development has over 300 homes here in SD county and there are zero for sale here, too. It is sort of amazing…a year ago I would have predicted there would be signs up all over the place.

    July 10, 2009 at 8:59 AM #428013
    jpinpb
    Participant

    There are so many forces manipulating this market. Smokes and mirrors, I say. I like to think of it as water out in the desert.

    July 10, 2009 at 8:59 AM #428240
    jpinpb
    Participant

    There are so many forces manipulating this market. Smokes and mirrors, I say. I like to think of it as water out in the desert.

    July 10, 2009 at 8:59 AM #428531
    jpinpb
    Participant

    There are so many forces manipulating this market. Smokes and mirrors, I say. I like to think of it as water out in the desert.

    July 10, 2009 at 8:59 AM #428602
    jpinpb
    Participant

    There are so many forces manipulating this market. Smokes and mirrors, I say. I like to think of it as water out in the desert.

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