low house numbers on zip

[savingforahouse]

I was just checking out ziprealty, and have noticed quite a decline in the number of houses on the site. I think there was some discussion about this on a previous post.

What struck me is that there are only about 2500 SFR houses with 3 or more bathrooms in the area south of the 52.

Is this right. If so this is an incredible contraction in the number of homes, and really means that things will drag on for a real long time…

thoughts

[PadreBrian]

See the other threads.

We have a few more months of low inventory.

…and yes this will cause SFH prices to stabilize in the high demand areas.

Condos should still have plenty of stock (see downtown for more info).

This Decembers SFH prices should be more reasonable.

[PadreBrian]

See the other threads.

We have a few more months of low inventory.

…and yes this will cause SFH prices to stabilize in the high demand areas.

Condos should still have plenty of stock (see downtown for more info).

This Decembers SFH prices should be more reasonable.

[PadreBrian]

See the other threads.

We have a few more months of low inventory.

…and yes this will cause SFH prices to stabilize in the high demand areas.

Condos should still have plenty of stock (see downtown for more info).

This Decembers SFH prices should be more reasonable.

[PadreBrian]

See the other threads.

We have a few more months of low inventory.

…and yes this will cause SFH prices to stabilize in the high demand areas.

Condos should still have plenty of stock (see downtown for more info).

This Decembers SFH prices should be more reasonable.

[PadreBrian]

See the other threads.

We have a few more months of low inventory.

…and yes this will cause SFH prices to stabilize in the high demand areas.

Condos should still have plenty of stock (see downtown for more info).

This Decembers SFH prices should be more reasonable.

[UCGal]

The 3 or more bathroom thing may be a factor also – south of 52 is older construction for the most part – and 2 baths were the norm in the 70’s and older stock.

[UCGal]

The 3 or more bathroom thing may be a factor also – south of 52 is older construction for the most part – and 2 baths were the norm in the 70’s and older stock.

[UCGal]

The 3 or more bathroom thing may be a factor also – south of 52 is older construction for the most part – and 2 baths were the norm in the 70’s and older stock.

[UCGal]

The 3 or more bathroom thing may be a factor also – south of 52 is older construction for the most part – and 2 baths were the norm in the 70’s and older stock.

[UCGal]

The 3 or more bathroom thing may be a factor also – south of 52 is older construction for the most part – and 2 baths were the norm in the 70’s and older stock.

[SD Realtor]

What you are seeing is the reality of the market as it stands today. SDAR has implemented an additional classification for homes that are on the MLS called Contingent. This classification shall be designated for homes that have an offer accepted by the seller on a short sale but NOT YET accepted by the lender. These homes used to be classified as Actives but that is not the case anymore. Even with homes that are still Actives, many of them indeed are short sales and they also have offers into the lender. However they have not been accepted by the seller. Thus you can still put an offer in on them. You can also still put in an offer on a home that is in the Contingent status as well. Your offer may simply be a backup. Lots of people back out of short sales.

The bottom line is that nothing has changed, it is just advertised in a more representative manner. Third party sites like Zip and others need to figure out if and how they will display contingent listings now.

[SD Realtor]

What you are seeing is the reality of the market as it stands today. SDAR has implemented an additional classification for homes that are on the MLS called Contingent. This classification shall be designated for homes that have an offer accepted by the seller on a short sale but NOT YET accepted by the lender. These homes used to be classified as Actives but that is not the case anymore. Even with homes that are still Actives, many of them indeed are short sales and they also have offers into the lender. However they have not been accepted by the seller. Thus you can still put an offer in on them. You can also still put in an offer on a home that is in the Contingent status as well. Your offer may simply be a backup. Lots of people back out of short sales.

The bottom line is that nothing has changed, it is just advertised in a more representative manner. Third party sites like Zip and others need to figure out if and how they will display contingent listings now.

[SD Realtor]

What you are seeing is the reality of the market as it stands today. SDAR has implemented an additional classification for homes that are on the MLS called Contingent. This classification shall be designated for homes that have an offer accepted by the seller on a short sale but NOT YET accepted by the lender. These homes used to be classified as Actives but that is not the case anymore. Even with homes that are still Actives, many of them indeed are short sales and they also have offers into the lender. However they have not been accepted by the seller. Thus you can still put an offer in on them. You can also still put in an offer on a home that is in the Contingent status as well. Your offer may simply be a backup. Lots of people back out of short sales.

The bottom line is that nothing has changed, it is just advertised in a more representative manner. Third party sites like Zip and others need to figure out if and how they will display contingent listings now.

[SD Realtor]

What you are seeing is the reality of the market as it stands today. SDAR has implemented an additional classification for homes that are on the MLS called Contingent. This classification shall be designated for homes that have an offer accepted by the seller on a short sale but NOT YET accepted by the lender. These homes used to be classified as Actives but that is not the case anymore. Even with homes that are still Actives, many of them indeed are short sales and they also have offers into the lender. However they have not been accepted by the seller. Thus you can still put an offer in on them. You can also still put in an offer on a home that is in the Contingent status as well. Your offer may simply be a backup. Lots of people back out of short sales.

The bottom line is that nothing has changed, it is just advertised in a more representative manner. Third party sites like Zip and others need to figure out if and how they will display contingent listings now.

[Author]

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