So, where are all the foreclosures?

[SD Transplant]

AN,

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 🙂

[an]

[quote=SD Transplant]AN,

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 :)[/quote]
Would t he “huge increase in REO” help with your problem of not having a decent pool of inventory to choose from? Only time will tell. Also, would 6.5 months of supply be enough pressure to push price down?

[an]

[quote=SD Transplant]AN,

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 :)[/quote]
Would t he “huge increase in REO” help with your problem of not having a decent pool of inventory to choose from? Only time will tell. Also, would 6.5 months of supply be enough pressure to push price down?

[an]

[quote=SD Transplant]AN,

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 :)[/quote]
Would t he “huge increase in REO” help with your problem of not having a decent pool of inventory to choose from? Only time will tell. Also, would 6.5 months of supply be enough pressure to push price down?

[an]

[quote=SD Transplant]AN,

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 :)[/quote]
Would t he “huge increase in REO” help with your problem of not having a decent pool of inventory to choose from? Only time will tell. Also, would 6.5 months of supply be enough pressure to push price down?

[an]

[quote=SD Transplant]AN,

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 :)[/quote]
Would t he “huge increase in REO” help with your problem of not having a decent pool of inventory to choose from? Only time will tell. Also, would 6.5 months of supply be enough pressure to push price down?

[4plexowner]

if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)

[4plexowner]

if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)

[4plexowner]

if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)

[4plexowner]

if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)

[4plexowner]

if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)

[an]

[quote=4plexowner]if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)[/quote]
So if 8 months is the dividing line, then going from 2.5 months to 6.5 months just means we’re going from extreme under supply to moderately under supply.

[an]

[quote=4plexowner]if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)[/quote]
So if 8 months is the dividing line, then going from 2.5 months to 6.5 months just means we’re going from extreme under supply to moderately under supply.

[an]

[quote=4plexowner]if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)[/quote]
So if 8 months is the dividing line, then going from 2.5 months to 6.5 months just means we’re going from extreme under supply to moderately under supply.

[an]

[quote=4plexowner]if I remember correctly, 8 months is the dividing line between a healthy and un-healthy market according to Rich

I read an article recently saying that in a market with more than 12 months supply prices can be expected to decline about 3% per year (can you say, “downtown condo?”)[/quote]
So if 8 months is the dividing line, then going from 2.5 months to 6.5 months just means we’re going from extreme under supply to moderately under supply.

[Author]

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