Some Active/Pending Ratios

[DWCAP]

Gotta agree with everyone on MM and Clairmont. It is the first spring where buying a house isn’t a financial death sentence for the average CA buyer in a while. To expect everyone to just sit on their thumbs is naive at best.
However even the CEO of Freddie said we are only in the 4-5 inning of the housing reduction. Maybe waiting for overtime isnt a good idea, but the 7th inning strech will be great, and that is still a little bit off.
This damn picher sure seems to be trowing alot of balls, dragging this thing out as long as he can. I think the man on deck fell asleep.

[La Jolla Renter]

Pending numbers today are not the same as pending numbers of 2003-2005, where probably 95% closed.

What percent of pendings are closing today? 60%???

There are properties that have gone pending back to active 3 or 4 times.

I am not discouraged about these numbers, certainly not the La Jolla numbers. These numbers are not as important as the fact that prices are coming down, during the peak buying season.

Thanks for posting SD Realtor.

[La Jolla Renter]

Pending numbers today are not the same as pending numbers of 2003-2005, where probably 95% closed.

What percent of pendings are closing today? 60%???

There are properties that have gone pending back to active 3 or 4 times.

I am not discouraged about these numbers, certainly not the La Jolla numbers. These numbers are not as important as the fact that prices are coming down, during the peak buying season.

Thanks for posting SD Realtor.

[La Jolla Renter]

Pending numbers today are not the same as pending numbers of 2003-2005, where probably 95% closed.

What percent of pendings are closing today? 60%???

There are properties that have gone pending back to active 3 or 4 times.

I am not discouraged about these numbers, certainly not the La Jolla numbers. These numbers are not as important as the fact that prices are coming down, during the peak buying season.

Thanks for posting SD Realtor.

[La Jolla Renter]

Pending numbers today are not the same as pending numbers of 2003-2005, where probably 95% closed.

What percent of pendings are closing today? 60%???

There are properties that have gone pending back to active 3 or 4 times.

I am not discouraged about these numbers, certainly not the La Jolla numbers. These numbers are not as important as the fact that prices are coming down, during the peak buying season.

Thanks for posting SD Realtor.

[La Jolla Renter]

Pending numbers today are not the same as pending numbers of 2003-2005, where probably 95% closed.

What percent of pendings are closing today? 60%???

There are properties that have gone pending back to active 3 or 4 times.

I am not discouraged about these numbers, certainly not the La Jolla numbers. These numbers are not as important as the fact that prices are coming down, during the peak buying season.

Thanks for posting SD Realtor.

[jpinpb]

SD Realtor – To maybe make you and some others feel a little better, I have seen many places go “pending” only to be BOM. I even dare say as discussed on other threads, it possibly could be a fake pending, or maybe an oral pending that turned out not to be, or a pending to get attention to the listing, perhaps cause someone to panic that the place they want is pending, and then when it goes BOM, attract a buyer.

I know there’s a lot of psychological games that occur and I question some of these pendings. Doesn’t mean they’re not legitimate, but I’m skeptical.

[jpinpb]

SD Realtor – To maybe make you and some others feel a little better, I have seen many places go “pending” only to be BOM. I even dare say as discussed on other threads, it possibly could be a fake pending, or maybe an oral pending that turned out not to be, or a pending to get attention to the listing, perhaps cause someone to panic that the place they want is pending, and then when it goes BOM, attract a buyer.

I know there’s a lot of psychological games that occur and I question some of these pendings. Doesn’t mean they’re not legitimate, but I’m skeptical.

[jpinpb]

SD Realtor – To maybe make you and some others feel a little better, I have seen many places go “pending” only to be BOM. I even dare say as discussed on other threads, it possibly could be a fake pending, or maybe an oral pending that turned out not to be, or a pending to get attention to the listing, perhaps cause someone to panic that the place they want is pending, and then when it goes BOM, attract a buyer.

I know there’s a lot of psychological games that occur and I question some of these pendings. Doesn’t mean they’re not legitimate, but I’m skeptical.

[jpinpb]

SD Realtor – To maybe make you and some others feel a little better, I have seen many places go “pending” only to be BOM. I even dare say as discussed on other threads, it possibly could be a fake pending, or maybe an oral pending that turned out not to be, or a pending to get attention to the listing, perhaps cause someone to panic that the place they want is pending, and then when it goes BOM, attract a buyer.

I know there’s a lot of psychological games that occur and I question some of these pendings. Doesn’t mean they’re not legitimate, but I’m skeptical.

[jpinpb]

SD Realtor – To maybe make you and some others feel a little better, I have seen many places go “pending” only to be BOM. I even dare say as discussed on other threads, it possibly could be a fake pending, or maybe an oral pending that turned out not to be, or a pending to get attention to the listing, perhaps cause someone to panic that the place they want is pending, and then when it goes BOM, attract a buyer.

I know there’s a lot of psychological games that occur and I question some of these pendings. Doesn’t mean they’re not legitimate, but I’m skeptical.

[jpinpb]

SD Realtor – To maybe make you and some others feel a little better, I have seen many places go “pending” only to be BOM. I even dare say as discussed on other threads, it possibly could be a fake pending, or maybe an oral pending that turned out not to be, or a pending to get attention to the listing, perhaps cause someone to panic that the place they want is pending, and then when it goes BOM, attract a buyer.

I know there’s a lot of psychological games that occur and I question some of these pendings. Doesn’t mean they’re not legitimate, but I’m skeptical.

[92027_guy]

I wonder how the numbers above would are affected by the other recent thread “shadow inventory.” I’m thinking those shadows would just increase the Active for sale houses and hence worsen the ratio for those of us hoping for a start to the stabilization.

[92027_guy]

I wonder how the numbers above would are affected by the other recent thread “shadow inventory.” I’m thinking those shadows would just increase the Active for sale houses and hence worsen the ratio for those of us hoping for a start to the stabilization.

[92027_guy]

I wonder how the numbers above would are affected by the other recent thread “shadow inventory.” I’m thinking those shadows would just increase the Active for sale houses and hence worsen the ratio for those of us hoping for a start to the stabilization.

[Author]

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