REMARKABLE: SD inventories spike to new highs in late September…..

[bubble_contagion]

It may be because must sell inventory is piling up or from a wave of sellers listing in hopes the rate cut will bring out more buyers (LOL).

http://bubbletracking.blogspot.com/

[Anonymous]

Yo! San Diego is verucht und alle die laute haben ein problem mit geld! Alles ist gute und kann ich nicht warten fur alles zu fallen! Schnell! Billege hause uber alle! Hinter uns leegt ein recession, vor uns liegt un recession und in uns liegt un recession!

[4plexowner]

San Diego is verucht and all the loud have a problem with money! Everything is good and can I not wait fur everything to fall! Fast! Billege lives more uber all! Behind us leegt recession, before us lies un recession and in us lies un recession!

~

I had never used translation tools on the web before so I thought this was a good chance to try – my German is limited to ordering beer and schnitzel mit pommes frites and cussing

I’m guessing that the translation from http://babelfish.altavista.com didn’t quite capture the intent of juice’s post but I think the last sentence has something to do with a recession …

[NotCranky]

Good thinking there 4-plex. Hopefully we will know if the translation is bad or if the original German is partly to blame.
Funny coincidence that this comes up. I was just asking my wife how many middle and upper middle class people born in english speaking households had reasonable command of a second language. She said 50% I said 10%.

[schizo2buyORnot]

Yup,

Up 1.5% yoy from this time last year.

http://www.housingtracker.net/askingprices/California/SanDiego-Carlsbad-SanMarcos/

FYI, the difference in the Bubble Market number of 23K and the housingtracker.net number of 22k is that Bubble Market’s inventory numbers include vacant lots for sale. The housingtracker.net number only includes SFH and condos, not raw land. This is arguably the better and more accurate number for purposes of following the residential RE market.
In search of a crystal ball . . . .

[little lady]

The old site has it up 3.9%. This just got updated yesterday. It indeed has begun to spike.

http://www.housingtracker.net/old_housingtracker/location/California/SanDiego?state=California&city=SanDiego

My realtor told me that 30 houses are expected in October, in my area alone……..I am ready to go, got my money in my pocket and an approval in my hand……let the blood bath begin!

I am already seeing pre-2003 prices in my area, on repossesions……….

[schizo2buyORnot]

They call it the “old site” because the methodology and numbers are inaccurate. The more accurate number is the number on the main site. Which is inventory is up 1.5% yoy. You don’t really belive the “old site” actual inventory number of 15,000 do you? This would be an inventory number some 8000 units less than the numbers sited in either of the other two sites blogged here.

In search of a crystal ball . . . .

[little lady]

“You don’t really belive the “old site” actual inventory number of 15,000 do you?”

It’s actually pretty online with the new site. Look @ 3mo., 6 mo., very simular stats. I believe the new site includes a larger area……

When it’s updated on the 31st it will be up like the old site is. I have been watching the site for a LONG time.

By the way, I sold high and WILL buy low.

[SD Realtor]

Little Lady sit tight if you can. Your earlier post about having loan approval in hand and such was alarming…I am sure you know better then to think of buying now.

I have a client who is chomping at the bit for a place in Santee as well. She is very excited because of the price drops there and I keep telling her to sit tight for another 2 years if possible. She wants to buy so bad… I can hear it in her voice every time we talk… I don’t think she will hold out for 2 years but if I can get her to sit until at least next fall that would be good.

SD Realtor

[little lady]

YOU PEGGED ME!

2 YEARS, not me either. I found the perfect place. Going into foreclosure in November….. I am trying to hold out until spring ’08, but I don’t wanna lose my chance of getting exactly where or what I want….(I can get another approval) I wanted my realtor to know I mean business.

[Author]

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