Shadow Inventory – The Flood that May Never Come

[temeculaguy]

Yeah, it’s about two or three months from being downgraded to “bedtime story” status. For three years I’ve heard the tale in various forms, it never happened like they said, unlikely it ever will because now it wont even provide enough inventory for a “normal” year.

I took these links from posts that schizo made over a year ago, not sure who runs this data site but the informations is quite telling. Back then, the numbers went down every month, now they show a slight rise in price and decline in inventory for the past six months. In late 2007, san diego inventory was twice what it is today.

http://www.housingtracker.net/asking-prices/san-diego-california

Same thing for riverside county.

http://www.housingtracker.net/asking-prices/riverside-california

manipulation or market forces, it looks like the ship has started to sail.

[tom]

I keep watching forclosure forum every month.. july’s numbers are posted. trustee sales are down from last month’s 2009 peak, guessing that’s the latest moritorium in play?

http://www.foreclosureforum.com/stats.html

Still hoping to see more listings in the zone I’m watching though.. NP/SP/Uni Heights.. at least we’re at 4 listings this week with my search params instead of just 1 that’s been the case the last couple weeks? 🙂

[tom]

I keep watching forclosure forum every month.. july’s numbers are posted. trustee sales are down from last month’s 2009 peak, guessing that’s the latest moritorium in play?

http://www.foreclosureforum.com/stats.html

Still hoping to see more listings in the zone I’m watching though.. NP/SP/Uni Heights.. at least we’re at 4 listings this week with my search params instead of just 1 that’s been the case the last couple weeks? 🙂

[tom]

I keep watching forclosure forum every month.. july’s numbers are posted. trustee sales are down from last month’s 2009 peak, guessing that’s the latest moritorium in play?

http://www.foreclosureforum.com/stats.html

Still hoping to see more listings in the zone I’m watching though.. NP/SP/Uni Heights.. at least we’re at 4 listings this week with my search params instead of just 1 that’s been the case the last couple weeks? 🙂

[tom]

I keep watching forclosure forum every month.. july’s numbers are posted. trustee sales are down from last month’s 2009 peak, guessing that’s the latest moritorium in play?

http://www.foreclosureforum.com/stats.html

Still hoping to see more listings in the zone I’m watching though.. NP/SP/Uni Heights.. at least we’re at 4 listings this week with my search params instead of just 1 that’s been the case the last couple weeks? 🙂

[tom]

I keep watching forclosure forum every month.. july’s numbers are posted. trustee sales are down from last month’s 2009 peak, guessing that’s the latest moritorium in play?

http://www.foreclosureforum.com/stats.html

Still hoping to see more listings in the zone I’m watching though.. NP/SP/Uni Heights.. at least we’re at 4 listings this week with my search params instead of just 1 that’s been the case the last couple weeks? 🙂

[Zeitgeist]

Besides, an overhaul of Fannie and Freddie is being considered that would strip them of troubled loans and create a new home loan market. The bad debt firms own would then be placed in new financial institutions, so called bad banks. This would leave Fannie and Freddie with a clean slate. I do not know what would become of the bad boy banks, but who knows, maybe their CDS would pay more.

[Zeitgeist]

Besides, an overhaul of Fannie and Freddie is being considered that would strip them of troubled loans and create a new home loan market. The bad debt firms own would then be placed in new financial institutions, so called bad banks. This would leave Fannie and Freddie with a clean slate. I do not know what would become of the bad boy banks, but who knows, maybe their CDS would pay more.

[Zeitgeist]

Besides, an overhaul of Fannie and Freddie is being considered that would strip them of troubled loans and create a new home loan market. The bad debt firms own would then be placed in new financial institutions, so called bad banks. This would leave Fannie and Freddie with a clean slate. I do not know what would become of the bad boy banks, but who knows, maybe their CDS would pay more.

[Zeitgeist]

Besides, an overhaul of Fannie and Freddie is being considered that would strip them of troubled loans and create a new home loan market. The bad debt firms own would then be placed in new financial institutions, so called bad banks. This would leave Fannie and Freddie with a clean slate. I do not know what would become of the bad boy banks, but who knows, maybe their CDS would pay more.

[Zeitgeist]

Besides, an overhaul of Fannie and Freddie is being considered that would strip them of troubled loans and create a new home loan market. The bad debt firms own would then be placed in new financial institutions, so called bad banks. This would leave Fannie and Freddie with a clean slate. I do not know what would become of the bad boy banks, but who knows, maybe their CDS would pay more.

[Author]

Posts