- This topic has 185 replies, 15 voices, and was last updated 16 years, 6 months ago by
1ABHO.
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AuthorPosts
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February 17, 2008 at 6:43 PM #155014March 5, 2008 at 11:23 PM #164761
SD Realtor
ParticipantOkay update time
3/5/08
46 actives (14 shorts, 2 REO) Most of the SS have offers according to the comments.
9 pendings (4 shorts, 1 REO)– 7 new actives listed since 2/18
– None of the new actives are shorts or REO!
– 3 new pendings that went pending after 2/18
– 2 of the new pendings are shorts
– 1 of the new pendings is an REO
– 1 expired since 2/18
– 1 cancelled since 2/18 (short sale)
– 1 withdrawn since 2/18
– 2 solds since 2/18 (Neither was a short or REO)
(One of them was 10212 Lone Dove, went for 775k)*Synopsis…not much… the pendings are slow moving… The active/pending ratio is slowly deteriorating, inventory is moving up slow but steady. Let’s see if it is 5 to 1 by my next post in 2 weeks.
****************
3/5/08
92130
148 actives (4 short, 2REO)
52 pendings (2 short 4 REO)
43 new listings since 2/18/08 (WOW!)
1 new listing is short.
26 new pendings since 2/18/08
4 of the new pendings are REO.
6 expireds since 2/18
1 cancelled since 2/18
10 withdrawns since 2/18 (1 short)
14 solds since 2/18. (2 REO)Musings… Our favorite Caminito Stella sols at 1.625M which was 125k above asking and about 400k below the 2005 sales price, (a nice 20% decline)… Mesa Norte is still pending. There is a HUGE rush of new inventory. Similarly there has been alot of pendings as well. Combine the pendings with the solds, expireds, cancelled and withdrawens and the active/pending ratio is holding strong and even has improved from 2 weeks ago.
Not speculating anything, just stating the facts.
SD Realtor
March 5, 2008 at 11:23 PM #165075ParticipantOkay update time
3/5/08
46 actives (14 shorts, 2 REO) Most of the SS have offers according to the comments.
9 pendings (4 shorts, 1 REO)– 7 new actives listed since 2/18
– None of the new actives are shorts or REO!
– 3 new pendings that went pending after 2/18
– 2 of the new pendings are shorts
– 1 of the new pendings is an REO
– 1 expired since 2/18
– 1 cancelled since 2/18 (short sale)
– 1 withdrawn since 2/18
– 2 solds since 2/18 (Neither was a short or REO)
(One of them was 10212 Lone Dove, went for 775k)*Synopsis…not much… the pendings are slow moving… The active/pending ratio is slowly deteriorating, inventory is moving up slow but steady. Let’s see if it is 5 to 1 by my next post in 2 weeks.
****************
3/5/08
92130
148 actives (4 short, 2REO)
52 pendings (2 short 4 REO)
43 new listings since 2/18/08 (WOW!)
1 new listing is short.
26 new pendings since 2/18/08
4 of the new pendings are REO.
6 expireds since 2/18
1 cancelled since 2/18
10 withdrawns since 2/18 (1 short)
14 solds since 2/18. (2 REO)Musings… Our favorite Caminito Stella sols at 1.625M which was 125k above asking and about 400k below the 2005 sales price, (a nice 20% decline)… Mesa Norte is still pending. There is a HUGE rush of new inventory. Similarly there has been alot of pendings as well. Combine the pendings with the solds, expireds, cancelled and withdrawens and the active/pending ratio is holding strong and even has improved from 2 weeks ago.
Not speculating anything, just stating the facts.
SD Realtor
March 5, 2008 at 11:23 PM #165084ParticipantOkay update time
3/5/08
46 actives (14 shorts, 2 REO) Most of the SS have offers according to the comments.
9 pendings (4 shorts, 1 REO)– 7 new actives listed since 2/18
– None of the new actives are shorts or REO!
– 3 new pendings that went pending after 2/18
– 2 of the new pendings are shorts
– 1 of the new pendings is an REO
– 1 expired since 2/18
– 1 cancelled since 2/18 (short sale)
– 1 withdrawn since 2/18
– 2 solds since 2/18 (Neither was a short or REO)
(One of them was 10212 Lone Dove, went for 775k)*Synopsis…not much… the pendings are slow moving… The active/pending ratio is slowly deteriorating, inventory is moving up slow but steady. Let’s see if it is 5 to 1 by my next post in 2 weeks.
****************
3/5/08
92130
148 actives (4 short, 2REO)
52 pendings (2 short 4 REO)
43 new listings since 2/18/08 (WOW!)
1 new listing is short.
26 new pendings since 2/18/08
4 of the new pendings are REO.
6 expireds since 2/18
1 cancelled since 2/18
10 withdrawns since 2/18 (1 short)
14 solds since 2/18. (2 REO)Musings… Our favorite Caminito Stella sols at 1.625M which was 125k above asking and about 400k below the 2005 sales price, (a nice 20% decline)… Mesa Norte is still pending. There is a HUGE rush of new inventory. Similarly there has been alot of pendings as well. Combine the pendings with the solds, expireds, cancelled and withdrawens and the active/pending ratio is holding strong and even has improved from 2 weeks ago.
Not speculating anything, just stating the facts.
SD Realtor
March 5, 2008 at 11:23 PM #165092ParticipantOkay update time
3/5/08
46 actives (14 shorts, 2 REO) Most of the SS have offers according to the comments.
9 pendings (4 shorts, 1 REO)– 7 new actives listed since 2/18
– None of the new actives are shorts or REO!
– 3 new pendings that went pending after 2/18
– 2 of the new pendings are shorts
– 1 of the new pendings is an REO
– 1 expired since 2/18
– 1 cancelled since 2/18 (short sale)
– 1 withdrawn since 2/18
– 2 solds since 2/18 (Neither was a short or REO)
(One of them was 10212 Lone Dove, went for 775k)*Synopsis…not much… the pendings are slow moving… The active/pending ratio is slowly deteriorating, inventory is moving up slow but steady. Let’s see if it is 5 to 1 by my next post in 2 weeks.
****************
3/5/08
92130
148 actives (4 short, 2REO)
52 pendings (2 short 4 REO)
43 new listings since 2/18/08 (WOW!)
1 new listing is short.
26 new pendings since 2/18/08
4 of the new pendings are REO.
6 expireds since 2/18
1 cancelled since 2/18
10 withdrawns since 2/18 (1 short)
14 solds since 2/18. (2 REO)Musings… Our favorite Caminito Stella sols at 1.625M which was 125k above asking and about 400k below the 2005 sales price, (a nice 20% decline)… Mesa Norte is still pending. There is a HUGE rush of new inventory. Similarly there has been alot of pendings as well. Combine the pendings with the solds, expireds, cancelled and withdrawens and the active/pending ratio is holding strong and even has improved from 2 weeks ago.
Not speculating anything, just stating the facts.
SD Realtor
March 5, 2008 at 11:23 PM #165178ParticipantOkay update time
3/5/08
46 actives (14 shorts, 2 REO) Most of the SS have offers according to the comments.
9 pendings (4 shorts, 1 REO)– 7 new actives listed since 2/18
– None of the new actives are shorts or REO!
– 3 new pendings that went pending after 2/18
– 2 of the new pendings are shorts
– 1 of the new pendings is an REO
– 1 expired since 2/18
– 1 cancelled since 2/18 (short sale)
– 1 withdrawn since 2/18
– 2 solds since 2/18 (Neither was a short or REO)
(One of them was 10212 Lone Dove, went for 775k)*Synopsis…not much… the pendings are slow moving… The active/pending ratio is slowly deteriorating, inventory is moving up slow but steady. Let’s see if it is 5 to 1 by my next post in 2 weeks.
****************
3/5/08
92130
148 actives (4 short, 2REO)
52 pendings (2 short 4 REO)
43 new listings since 2/18/08 (WOW!)
1 new listing is short.
26 new pendings since 2/18/08
4 of the new pendings are REO.
6 expireds since 2/18
1 cancelled since 2/18
10 withdrawns since 2/18 (1 short)
14 solds since 2/18. (2 REO)Musings… Our favorite Caminito Stella sols at 1.625M which was 125k above asking and about 400k below the 2005 sales price, (a nice 20% decline)… Mesa Norte is still pending. There is a HUGE rush of new inventory. Similarly there has been alot of pendings as well. Combine the pendings with the solds, expireds, cancelled and withdrawens and the active/pending ratio is holding strong and even has improved from 2 weeks ago.
Not speculating anything, just stating the facts.
SD Realtor
March 27, 2008 at 11:16 PM #177443ParticipantOkay update time. I am going to cut down on reporting how many new actives/pendings come out and just keep reporting the totals as well as how many of the sales are shorts or REOs. Way to much manual work.
3/26/08
4S Ranch
-43 actives (14 shorts, 4 REO) Most of the SS have offers according to the comments.
-11 pendings (4 shorts)
-3 solds since 3/6/08. None of them were shorts or REO.active to pending ratio has actually improved slightly since last stats were taken.
****************
3/26/08
92130
173 actives (5 short, 3REO)
43 pendings (3 short 2 REO)
16 solds since 3/7. (1 short, 2 REO)Musings… Mesa Norte ended up going for 1.775M.
SD Realtor
March 27, 2008 at 11:16 PM #177795ParticipantOkay update time. I am going to cut down on reporting how many new actives/pendings come out and just keep reporting the totals as well as how many of the sales are shorts or REOs. Way to much manual work.
3/26/08
4S Ranch
-43 actives (14 shorts, 4 REO) Most of the SS have offers according to the comments.
-11 pendings (4 shorts)
-3 solds since 3/6/08. None of them were shorts or REO.active to pending ratio has actually improved slightly since last stats were taken.
****************
3/26/08
92130
173 actives (5 short, 3REO)
43 pendings (3 short 2 REO)
16 solds since 3/7. (1 short, 2 REO)Musings… Mesa Norte ended up going for 1.775M.
SD Realtor
March 27, 2008 at 11:16 PM #177802ParticipantOkay update time. I am going to cut down on reporting how many new actives/pendings come out and just keep reporting the totals as well as how many of the sales are shorts or REOs. Way to much manual work.
3/26/08
4S Ranch
-43 actives (14 shorts, 4 REO) Most of the SS have offers according to the comments.
-11 pendings (4 shorts)
-3 solds since 3/6/08. None of them were shorts or REO.active to pending ratio has actually improved slightly since last stats were taken.
****************
3/26/08
92130
173 actives (5 short, 3REO)
43 pendings (3 short 2 REO)
16 solds since 3/7. (1 short, 2 REO)Musings… Mesa Norte ended up going for 1.775M.
SD Realtor
March 27, 2008 at 11:16 PM #177810ParticipantOkay update time. I am going to cut down on reporting how many new actives/pendings come out and just keep reporting the totals as well as how many of the sales are shorts or REOs. Way to much manual work.
3/26/08
4S Ranch
-43 actives (14 shorts, 4 REO) Most of the SS have offers according to the comments.
-11 pendings (4 shorts)
-3 solds since 3/6/08. None of them were shorts or REO.active to pending ratio has actually improved slightly since last stats were taken.
****************
3/26/08
92130
173 actives (5 short, 3REO)
43 pendings (3 short 2 REO)
16 solds since 3/7. (1 short, 2 REO)Musings… Mesa Norte ended up going for 1.775M.
SD Realtor
March 27, 2008 at 11:16 PM #177898ParticipantOkay update time. I am going to cut down on reporting how many new actives/pendings come out and just keep reporting the totals as well as how many of the sales are shorts or REOs. Way to much manual work.
3/26/08
4S Ranch
-43 actives (14 shorts, 4 REO) Most of the SS have offers according to the comments.
-11 pendings (4 shorts)
-3 solds since 3/6/08. None of them were shorts or REO.active to pending ratio has actually improved slightly since last stats were taken.
****************
3/26/08
92130
173 actives (5 short, 3REO)
43 pendings (3 short 2 REO)
16 solds since 3/7. (1 short, 2 REO)Musings… Mesa Norte ended up going for 1.775M.
SD Realtor
March 28, 2008 at 7:33 AM #177518New_Renter
ParticipantCV Active/Pending ratio increased from:
2.84–>4.02 just since your last posting
Plus the # of REO/Shorts increasedThat is one of the worst deriorations in the CV numbers I’ve seen yet. Inventory has gone up dramatically (seems more than just the normal seasonal increase). Also starting to see some big losses in CV, such as:
http://www.sdlookup.com/Property-0A6427E8-3688_Torrey_View_Ct_San_Diego_CA_92130
17% loss ($177K plus selling costs)!
Seems they are starting to head for the exits in CV….could this be an inflection point?
March 28, 2008 at 7:33 AM #177871ParticipantCV Active/Pending ratio increased from:
2.84–>4.02 just since your last posting
Plus the # of REO/Shorts increasedThat is one of the worst deriorations in the CV numbers I’ve seen yet. Inventory has gone up dramatically (seems more than just the normal seasonal increase). Also starting to see some big losses in CV, such as:
http://www.sdlookup.com/Property-0A6427E8-3688_Torrey_View_Ct_San_Diego_CA_92130
17% loss ($177K plus selling costs)!
Seems they are starting to head for the exits in CV….could this be an inflection point?
March 28, 2008 at 7:33 AM #177877ParticipantCV Active/Pending ratio increased from:
2.84–>4.02 just since your last posting
Plus the # of REO/Shorts increasedThat is one of the worst deriorations in the CV numbers I’ve seen yet. Inventory has gone up dramatically (seems more than just the normal seasonal increase). Also starting to see some big losses in CV, such as:
http://www.sdlookup.com/Property-0A6427E8-3688_Torrey_View_Ct_San_Diego_CA_92130
17% loss ($177K plus selling costs)!
Seems they are starting to head for the exits in CV….could this be an inflection point?
March 28, 2008 at 7:33 AM #177885ParticipantCV Active/Pending ratio increased from:
2.84–>4.02 just since your last posting
Plus the # of REO/Shorts increasedThat is one of the worst deriorations in the CV numbers I’ve seen yet. Inventory has gone up dramatically (seems more than just the normal seasonal increase). Also starting to see some big losses in CV, such as:
http://www.sdlookup.com/Property-0A6427E8-3688_Torrey_View_Ct_San_Diego_CA_92130
17% loss ($177K plus selling costs)!
Seems they are starting to head for the exits in CV….could this be an inflection point?
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