San Diego YOY Inventory now nearly flat.

[stockstradr]

Holding other things constant, yes, months-of-inventory is a good sign of where real estate markets are headed.

But other things are NOT constant, so I don’t buy your implied assumption that flattening inventory means the market is bottoming.

This is why Rich looks at additional factors, and posts data, for example, on the RATIO of inventory that is must-sell, bank-owned.

while inventory may have held flat, that very important ratio has NOT held flat. When a market transitions into one dominated with bank owned MUST SELL inventory, that has a dramatic impact on pricing.

[nostradamus]

MLS inventory may be flat yet vacancies are at an all-time high. Comparing SD to US is not apple to apple but there’s so much evidence pointing to a pending spike in inventory I wouldn’t bet one apple slice on a flat trend line.

[nostradamus]

MLS inventory may be flat yet vacancies are at an all-time high. Comparing SD to US is not apple to apple but there’s so much evidence pointing to a pending spike in inventory I wouldn’t bet one apple slice on a flat trend line.

[nostradamus]

MLS inventory may be flat yet vacancies are at an all-time high. Comparing SD to US is not apple to apple but there’s so much evidence pointing to a pending spike in inventory I wouldn’t bet one apple slice on a flat trend line.

[nostradamus]

MLS inventory may be flat yet vacancies are at an all-time high. Comparing SD to US is not apple to apple but there’s so much evidence pointing to a pending spike in inventory I wouldn’t bet one apple slice on a flat trend line.

[nostradamus]

MLS inventory may be flat yet vacancies are at an all-time high. Comparing SD to US is not apple to apple but there’s so much evidence pointing to a pending spike in inventory I wouldn’t bet one apple slice on a flat trend line.

[schizo2buyORnot]

“Pending spike” in inventory prognostication based on what??? The actual latest hard facts point to a flattening of inventory. No not some inane vacuous diahrrea of the mouth hot air prediction/opinion but the hard facts of actual inventory of homes for sale in San Diego country as of today. No one said it portends a bottom . . . but . . . a bottom will be accompanied, among other things, buy a flat then shrinking inventory. Many other factors would have to be present in addition to flattening/shrinking inventory but such inventory will be one of the factors whenever the bottom comes. We have flattening inventory now for the first time in the past 24+ months. Time will tell what that means.

In search of a crystal ball . . . .

[schizo2buyORnot]

“Pending spike” in inventory prognostication based on what??? The actual latest hard facts point to a flattening of inventory. No not some inane vacuous diahrrea of the mouth hot air prediction/opinion but the hard facts of actual inventory of homes for sale in San Diego country as of today. No one said it portends a bottom . . . but . . . a bottom will be accompanied, among other things, buy a flat then shrinking inventory. Many other factors would have to be present in addition to flattening/shrinking inventory but such inventory will be one of the factors whenever the bottom comes. We have flattening inventory now for the first time in the past 24+ months. Time will tell what that means.

In search of a crystal ball . . . .

[schizo2buyORnot]

“Pending spike” in inventory prognostication based on what??? The actual latest hard facts point to a flattening of inventory. No not some inane vacuous diahrrea of the mouth hot air prediction/opinion but the hard facts of actual inventory of homes for sale in San Diego country as of today. No one said it portends a bottom . . . but . . . a bottom will be accompanied, among other things, buy a flat then shrinking inventory. Many other factors would have to be present in addition to flattening/shrinking inventory but such inventory will be one of the factors whenever the bottom comes. We have flattening inventory now for the first time in the past 24+ months. Time will tell what that means.

In search of a crystal ball . . . .

[schizo2buyORnot]

“Pending spike” in inventory prognostication based on what??? The actual latest hard facts point to a flattening of inventory. No not some inane vacuous diahrrea of the mouth hot air prediction/opinion but the hard facts of actual inventory of homes for sale in San Diego country as of today. No one said it portends a bottom . . . but . . . a bottom will be accompanied, among other things, buy a flat then shrinking inventory. Many other factors would have to be present in addition to flattening/shrinking inventory but such inventory will be one of the factors whenever the bottom comes. We have flattening inventory now for the first time in the past 24+ months. Time will tell what that means.

In search of a crystal ball . . . .

[schizo2buyORnot]

“Pending spike” in inventory prognostication based on what??? The actual latest hard facts point to a flattening of inventory. No not some inane vacuous diahrrea of the mouth hot air prediction/opinion but the hard facts of actual inventory of homes for sale in San Diego country as of today. No one said it portends a bottom . . . but . . . a bottom will be accompanied, among other things, buy a flat then shrinking inventory. Many other factors would have to be present in addition to flattening/shrinking inventory but such inventory will be one of the factors whenever the bottom comes. We have flattening inventory now for the first time in the past 24+ months. Time will tell what that means.

In search of a crystal ball . . . .

[nostradamus]

Whoa you really are schizo. So what are you getting at with the op? If you are in denial of a pending spike in inventory then you might want to check out the bubble primer

Read up on some of the blogs here, it might be educational. There’s this RE bubble we’ve experienced, it may help you to understand the pending spike in ways I’m too lazy to explain to someone who doesn’t want to know.

[nostradamus]

Whoa you really are schizo. So what are you getting at with the op? If you are in denial of a pending spike in inventory then you might want to check out the bubble primer

Read up on some of the blogs here, it might be educational. There’s this RE bubble we’ve experienced, it may help you to understand the pending spike in ways I’m too lazy to explain to someone who doesn’t want to know.

[nostradamus]

Whoa you really are schizo. So what are you getting at with the op? If you are in denial of a pending spike in inventory then you might want to check out the bubble primer

Read up on some of the blogs here, it might be educational. There’s this RE bubble we’ve experienced, it may help you to understand the pending spike in ways I’m too lazy to explain to someone who doesn’t want to know.

[nostradamus]

Whoa you really are schizo. So what are you getting at with the op? If you are in denial of a pending spike in inventory then you might want to check out the bubble primer

Read up on some of the blogs here, it might be educational. There’s this RE bubble we’ve experienced, it may help you to understand the pending spike in ways I’m too lazy to explain to someone who doesn’t want to know.

[Author]

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