So, where are all the foreclosures?

[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.

[DWCAP]

In my head it was six months supply is considered normal, but that is +/- 1 month. If it were a normal market it wouldnt be unusal to see 5 month supply’s in the spring rush and 7 month supplys in the fall slowing before properties that didnt sell delist for the winter. But this is just what I have in my head and could be totally wrong.

AN, another way to think about it is that MM is one of the most manipulated markets right now, and months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong.

[DWCAP]

In my head it was six months supply is considered normal, but that is +/- 1 month. If it were a normal market it wouldnt be unusal to see 5 month supply’s in the spring rush and 7 month supplys in the fall slowing before properties that didnt sell delist for the winter. But this is just what I have in my head and could be totally wrong.

AN, another way to think about it is that MM is one of the most manipulated markets right now, and months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong.

[DWCAP]

In my head it was six months supply is considered normal, but that is +/- 1 month. If it were a normal market it wouldnt be unusal to see 5 month supply’s in the spring rush and 7 month supplys in the fall slowing before properties that didnt sell delist for the winter. But this is just what I have in my head and could be totally wrong.

AN, another way to think about it is that MM is one of the most manipulated markets right now, and months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong.

[DWCAP]

In my head it was six months supply is considered normal, but that is +/- 1 month. If it were a normal market it wouldnt be unusal to see 5 month supply’s in the spring rush and 7 month supplys in the fall slowing before properties that didnt sell delist for the winter. But this is just what I have in my head and could be totally wrong.

AN, another way to think about it is that MM is one of the most manipulated markets right now, and months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong.

[DWCAP]

In my head it was six months supply is considered normal, but that is +/- 1 month. If it were a normal market it wouldnt be unusal to see 5 month supply’s in the spring rush and 7 month supplys in the fall slowing before properties that didnt sell delist for the winter. But this is just what I have in my head and could be totally wrong.

AN, another way to think about it is that MM is one of the most manipulated markets right now, and months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong.

[DWCAP]

let me cavat that,

not saying AN is wrong, just that months of supply is one of those indicators that can swing wildly. Wasnt months of supply in the height of the bubble, 2004, like 3 weeks?

[DWCAP]

let me cavat that,

not saying AN is wrong, just that months of supply is one of those indicators that can swing wildly. Wasnt months of supply in the height of the bubble, 2004, like 3 weeks?

[DWCAP]

let me cavat that,

not saying AN is wrong, just that months of supply is one of those indicators that can swing wildly. Wasnt months of supply in the height of the bubble, 2004, like 3 weeks?

[DWCAP]

let me cavat that,

not saying AN is wrong, just that months of supply is one of those indicators that can swing wildly. Wasnt months of supply in the height of the bubble, 2004, like 3 weeks?

[DWCAP]

let me cavat that,

not saying AN is wrong, just that months of supply is one of those indicators that can swing wildly. Wasnt months of supply in the height of the bubble, 2004, like 3 weeks?

[jpinpb]

DWCAP – Thanks. That’ll be my mantra for a while: “months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong”

[jpinpb]

DWCAP – Thanks. That’ll be my mantra for a while: “months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong”

[jpinpb]

DWCAP – Thanks. That’ll be my mantra for a while: “months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong”

[jpinpb]

DWCAP – Thanks. That’ll be my mantra for a while: “months of supply as a stand alone indicator in a highly manipulated market can often be totally wrong”

[Author]

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