W/O agonizing over your numbers I see two very clear points. Actives have been relatively stable to slightly up which I interpret to mean people are reluctant to list in this market combined with fallouts of previous escrows. Pendings are down in every ZIP in the middle of the month. No interpretation needed on that one.
off topic a bit, but what do you think happens if the inability to obtain non-conforming jumbo loans in California comes home to roost for a few months?
off topic a bit, but what do you think happens if the inability to obtain non-conforming jumbo loans in California comes home to roost for a few months?
off topic a bit, but what do you think happens if the inability to obtain non-conforming jumbo loans in California comes home to roost for a few months?
I wish I knew. My best guess would be a frozen market. Sellers in denial hoping it gets better in Spring, buyers very sparce, lenders gradually giving in etc. The real recognition wouldnt occur for close to a year form now. People dont like change and move slow. Greed is motivating while fear is immobilizing. Give it time grasshoppah!
I wish I knew. My best guess would be a frozen market. Sellers in denial hoping it gets better in Spring, buyers very sparce, lenders gradually giving in etc. The real recognition wouldnt occur for close to a year form now. People dont like change and move slow. Greed is motivating while fear is immobilizing. Give it time grasshoppah!
I wish I knew. My best guess would be a frozen market. Sellers in denial hoping it gets better in Spring, buyers very sparce, lenders gradually giving in etc. The real recognition wouldnt occur for close to a year form now. People dont like change and move slow. Greed is motivating while fear is immobilizing. Give it time grasshoppah!
Guys I am sorry I have not been able to keep up on this monitor. If anyone really really really needs info let me know. It is easy doing 1 or 2 zips but beyond that it gets kind of grueling.
Guys I am sorry I have not been able to keep up on this monitor. If anyone really really really needs info let me know. It is easy doing 1 or 2 zips but beyond that it gets kind of grueling.
Guys I am sorry I have not been able to keep up on this monitor. If anyone really really really needs info let me know. It is easy doing 1 or 2 zips but beyond that it gets kind of grueling.
