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sdrealtor.
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April 20, 2009 at 6:12 PM #385488April 20, 2009 at 9:22 PM #384953
jpinpb
ParticipantApril 20, 2009 at 9:22 PM #385223ParticipantApril 20, 2009 at 9:22 PM #385421ParticipantApril 20, 2009 at 9:22 PM #385469ParticipantApril 20, 2009 at 9:22 PM #385607ParticipantApril 20, 2009 at 9:57 PM #384963an
Participant[quote=jpinpb]Jim’s got some info on shadow inventory[/quote]
Very interesting. MM seems to have the highest phantom foreclosure. In March, 50 property closed escrow, so right now, w/out the phantom inventory, there’s 2.5 month supply, assuming none of the short sale have offer. So, the phantom inventory amounts to ~4 months of supply. So, that’s ~6.5 months of supply total. What is considered normal for months of supply?April 20, 2009 at 9:57 PM #385233Participant[quote=jpinpb]Jim’s got some info on shadow inventory[/quote]
Very interesting. MM seems to have the highest phantom foreclosure. In March, 50 property closed escrow, so right now, w/out the phantom inventory, there’s 2.5 month supply, assuming none of the short sale have offer. So, the phantom inventory amounts to ~4 months of supply. So, that’s ~6.5 months of supply total. What is considered normal for months of supply?April 20, 2009 at 9:57 PM #385431Participant[quote=jpinpb]Jim’s got some info on shadow inventory[/quote]
Very interesting. MM seems to have the highest phantom foreclosure. In March, 50 property closed escrow, so right now, w/out the phantom inventory, there’s 2.5 month supply, assuming none of the short sale have offer. So, the phantom inventory amounts to ~4 months of supply. So, that’s ~6.5 months of supply total. What is considered normal for months of supply?April 20, 2009 at 9:57 PM #385479Participant[quote=jpinpb]Jim’s got some info on shadow inventory[/quote]
Very interesting. MM seems to have the highest phantom foreclosure. In March, 50 property closed escrow, so right now, w/out the phantom inventory, there’s 2.5 month supply, assuming none of the short sale have offer. So, the phantom inventory amounts to ~4 months of supply. So, that’s ~6.5 months of supply total. What is considered normal for months of supply?April 20, 2009 at 9:57 PM #385617Participant[quote=jpinpb]Jim’s got some info on shadow inventory[/quote]
Very interesting. MM seems to have the highest phantom foreclosure. In March, 50 property closed escrow, so right now, w/out the phantom inventory, there’s 2.5 month supply, assuming none of the short sale have offer. So, the phantom inventory amounts to ~4 months of supply. So, that’s ~6.5 months of supply total. What is considered normal for months of supply?April 21, 2009 at 8:40 AM #385050SD Transplant
ParticipantAN,
I was looking in MM myself, and I realized the invetory/listings evaporated overnight. Now, I am hopeful that the shadow inventory is about to kick into high gear and putting more pressure on prices. I guess at this point I don’t even have an issue with the prices, I just don’t have a decent pool of inventory to choose from.
Per Jim’s remarkable report……MM is expecting a huge increase in REO…..coming near your favorite site/MLS 🙂
April 21, 2009 at 8:40 AM #385317ParticipantAN,
I was looking in MM myself, and I realized the invetory/listings evaporated overnight. Now, I am hopeful that the shadow inventory is about to kick into high gear and putting more pressure on prices. I guess at this point I don’t even have an issue with the prices, I just don’t have a decent pool of inventory to choose from.
Per Jim’s remarkable report……MM is expecting a huge increase in REO…..coming near your favorite site/MLS 🙂
April 21, 2009 at 8:40 AM #385516ParticipantAN,
I was looking in MM myself, and I realized the invetory/listings evaporated overnight. Now, I am hopeful that the shadow inventory is about to kick into high gear and putting more pressure on prices. I guess at this point I don’t even have an issue with the prices, I just don’t have a decent pool of inventory to choose from.
Per Jim’s remarkable report……MM is expecting a huge increase in REO…..coming near your favorite site/MLS 🙂
April 21, 2009 at 8:40 AM #385564ParticipantAN,
I was looking in MM myself, and I realized the invetory/listings evaporated overnight. Now, I am hopeful that the shadow inventory is about to kick into high gear and putting more pressure on prices. I guess at this point I don’t even have an issue with the prices, I just don’t have a decent pool of inventory to choose from.
Per Jim’s remarkable report……MM is expecting a huge increase in REO…..coming near your favorite site/MLS 🙂
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