North County Coastal Market-Why so sticky?

[temeculaguy]

My bad, they really need to add one more line to the warnings on mixing nyquil and wine to include “may inhibit your ability to identify emoticons.”

I guess I overeact lately because mojo’s sarcastic statement is now the water cooler talk amongst my real life friends who are always behind the curve. In 2007 they repeated the NAR’s spin and now they repeat what they get from the MSM, which is what I was telling them a few years ago and is circa 2007 piggington, but is no longer valid. My apologies for not taking a second look before responding.

[sdduuuude]

Not sure I buy the part about “because sales are down 770 units per year, there is unmet demand.”

Maybe demand has permanently shifted down (along with inventory).

I think it is fair to say the first downturn didn’t hit that market very hard, but I’m not sure it is wise to believe that round 2 will miss it again.

[sdduuuude]

Not sure I buy the part about “because sales are down 770 units per year, there is unmet demand.”

Maybe demand has permanently shifted down (along with inventory).

I think it is fair to say the first downturn didn’t hit that market very hard, but I’m not sure it is wise to believe that round 2 will miss it again.

[sdduuuude]

Not sure I buy the part about “because sales are down 770 units per year, there is unmet demand.”

Maybe demand has permanently shifted down (along with inventory).

I think it is fair to say the first downturn didn’t hit that market very hard, but I’m not sure it is wise to believe that round 2 will miss it again.

[sdduuuude]

Not sure I buy the part about “because sales are down 770 units per year, there is unmet demand.”

Maybe demand has permanently shifted down (along with inventory).

I think it is fair to say the first downturn didn’t hit that market very hard, but I’m not sure it is wise to believe that round 2 will miss it again.

[sdduuuude]

Not sure I buy the part about “because sales are down 770 units per year, there is unmet demand.”

Maybe demand has permanently shifted down (along with inventory).

I think it is fair to say the first downturn didn’t hit that market very hard, but I’m not sure it is wise to believe that round 2 will miss it again.

[sdrealtor]

Speaking of wine. There is another phenomenal tasting coming up in about a month. I blogged about it last year and will again this year. $45 for tickets in advance and about 200 quality wineries at Del Mar Fairgrounds.

[sdrealtor]

Speaking of wine. There is another phenomenal tasting coming up in about a month. I blogged about it last year and will again this year. $45 for tickets in advance and about 200 quality wineries at Del Mar Fairgrounds.

[sdrealtor]

Speaking of wine. There is another phenomenal tasting coming up in about a month. I blogged about it last year and will again this year. $45 for tickets in advance and about 200 quality wineries at Del Mar Fairgrounds.

[sdrealtor]

Speaking of wine. There is another phenomenal tasting coming up in about a month. I blogged about it last year and will again this year. $45 for tickets in advance and about 200 quality wineries at Del Mar Fairgrounds.

[sdrealtor]

Speaking of wine. There is another phenomenal tasting coming up in about a month. I blogged about it last year and will again this year. $45 for tickets in advance and about 200 quality wineries at Del Mar Fairgrounds.

[sdduuuude]

I’m not saying there isn’t unmet demand, but I’m saying that there is unmet demand because there is not enough inventory at an appropriate price point to meet the demand today.

You can’t compare today’s sales to sales three years ago and say the delta constitutes viable buyers.

In fact, that sales are so low could suggest prices are too high and to get the sales back to where they were, the prices must give.

Regarding the 8 offers on 1 property … To me, that means there are 7 buyers who aren’t in the market at the current price, which of course, is the highest price. It shows interested buyers, but unless all those offers came in really close together, I’m not sure it constitutes it real “demand” at current prices. For all we know, one of them was Nor-LA and he only bid 400K.

Just sayin – more than one way to look at those numbers.

[sdduuuude]

I’m not saying there isn’t unmet demand, but I’m saying that there is unmet demand because there is not enough inventory at an appropriate price point to meet the demand today.

You can’t compare today’s sales to sales three years ago and say the delta constitutes viable buyers.

In fact, that sales are so low could suggest prices are too high and to get the sales back to where they were, the prices must give.

Regarding the 8 offers on 1 property … To me, that means there are 7 buyers who aren’t in the market at the current price, which of course, is the highest price. It shows interested buyers, but unless all those offers came in really close together, I’m not sure it constitutes it real “demand” at current prices. For all we know, one of them was Nor-LA and he only bid 400K.

Just sayin – more than one way to look at those numbers.

[sdduuuude]

I’m not saying there isn’t unmet demand, but I’m saying that there is unmet demand because there is not enough inventory at an appropriate price point to meet the demand today.

You can’t compare today’s sales to sales three years ago and say the delta constitutes viable buyers.

In fact, that sales are so low could suggest prices are too high and to get the sales back to where they were, the prices must give.

Regarding the 8 offers on 1 property … To me, that means there are 7 buyers who aren’t in the market at the current price, which of course, is the highest price. It shows interested buyers, but unless all those offers came in really close together, I’m not sure it constitutes it real “demand” at current prices. For all we know, one of them was Nor-LA and he only bid 400K.

Just sayin – more than one way to look at those numbers.

[sdduuuude]

I’m not saying there isn’t unmet demand, but I’m saying that there is unmet demand because there is not enough inventory at an appropriate price point to meet the demand today.

You can’t compare today’s sales to sales three years ago and say the delta constitutes viable buyers.

In fact, that sales are so low could suggest prices are too high and to get the sales back to where they were, the prices must give.

Regarding the 8 offers on 1 property … To me, that means there are 7 buyers who aren’t in the market at the current price, which of course, is the highest price. It shows interested buyers, but unless all those offers came in really close together, I’m not sure it constitutes it real “demand” at current prices. For all we know, one of them was Nor-LA and he only bid 400K.

Just sayin – more than one way to look at those numbers.

[Author]

Posts