South Orange County market

[sdrealtor]

Here is what I saw on the 3 I mentioned.

1. Corporate relo from east coast putting over 50% down
2. First time buyers/young 2 income couple putting 20% down of their own money-saw bank/brokerage statements
3 Corporate attorney w/ teacher wife on job relo. FHA loan as money is tied up in another property they are holding onto.

[CA renter]

[quote=sdrealtor]Just my limited expereince but every buyer has been someone looking for a long term home. Then again I’m selling at retail so the investors get shooed away when they show up with low offers.[/quote]

But don’t forget all the inventory being bought up in bulk purchases (straight from the banks) and by investors at trustee sales. I’m guessing (really, really guessing) these comprise perhaps a third or a half of all available inventory — not just MLS inventory. Perhaps they’re an even larger portion of sales going on right now. With everything designed to be so opaque, we can only guess based on anecdotes and bits and pieces offered up by insiders and people who are trying to research this “shadow inventory.” These investor purchases are the real story, IMHO.

[CA renter]

[quote=sdrealtor]Just my limited expereince but every buyer has been someone looking for a long term home. Then again I’m selling at retail so the investors get shooed away when they show up with low offers.[/quote]

But don’t forget all the inventory being bought up in bulk purchases (straight from the banks) and by investors at trustee sales. I’m guessing (really, really guessing) these comprise perhaps a third or a half of all available inventory — not just MLS inventory. Perhaps they’re an even larger portion of sales going on right now. With everything designed to be so opaque, we can only guess based on anecdotes and bits and pieces offered up by insiders and people who are trying to research this “shadow inventory.” These investor purchases are the real story, IMHO.

[CA renter]

[quote=sdrealtor]Just my limited expereince but every buyer has been someone looking for a long term home. Then again I’m selling at retail so the investors get shooed away when they show up with low offers.[/quote]

But don’t forget all the inventory being bought up in bulk purchases (straight from the banks) and by investors at trustee sales. I’m guessing (really, really guessing) these comprise perhaps a third or a half of all available inventory — not just MLS inventory. Perhaps they’re an even larger portion of sales going on right now. With everything designed to be so opaque, we can only guess based on anecdotes and bits and pieces offered up by insiders and people who are trying to research this “shadow inventory.” These investor purchases are the real story, IMHO.

[CA renter]

[quote=sdrealtor]Just my limited expereince but every buyer has been someone looking for a long term home. Then again I’m selling at retail so the investors get shooed away when they show up with low offers.[/quote]

But don’t forget all the inventory being bought up in bulk purchases (straight from the banks) and by investors at trustee sales. I’m guessing (really, really guessing) these comprise perhaps a third or a half of all available inventory — not just MLS inventory. Perhaps they’re an even larger portion of sales going on right now. With everything designed to be so opaque, we can only guess based on anecdotes and bits and pieces offered up by insiders and people who are trying to research this “shadow inventory.” These investor purchases are the real story, IMHO.

[CA renter]

[quote=sdrealtor]Just my limited expereince but every buyer has been someone looking for a long term home. Then again I’m selling at retail so the investors get shooed away when they show up with low offers.[/quote]

But don’t forget all the inventory being bought up in bulk purchases (straight from the banks) and by investors at trustee sales. I’m guessing (really, really guessing) these comprise perhaps a third or a half of all available inventory — not just MLS inventory. Perhaps they’re an even larger portion of sales going on right now. With everything designed to be so opaque, we can only guess based on anecdotes and bits and pieces offered up by insiders and people who are trying to research this “shadow inventory.” These investor purchases are the real story, IMHO.

[no_such_reality]

[quote=CA renter]Bidding wars are fairly common everywhere from what I’m hearing. It’s happening in San Diego, Orange County, L.A. County, Las Vegas, Phoenix, etc., etc.
[/quote]

It’ the low inventory. There is simply too little inventory.

[no_such_reality]

[quote=CA renter]Bidding wars are fairly common everywhere from what I’m hearing. It’s happening in San Diego, Orange County, L.A. County, Las Vegas, Phoenix, etc., etc.
[/quote]

It’ the low inventory. There is simply too little inventory.

[no_such_reality]

[quote=CA renter]Bidding wars are fairly common everywhere from what I’m hearing. It’s happening in San Diego, Orange County, L.A. County, Las Vegas, Phoenix, etc., etc.
[/quote]

It’ the low inventory. There is simply too little inventory.

[no_such_reality]

[quote=CA renter]Bidding wars are fairly common everywhere from what I’m hearing. It’s happening in San Diego, Orange County, L.A. County, Las Vegas, Phoenix, etc., etc.
[/quote]

It’ the low inventory. There is simply too little inventory.

[no_such_reality]

[quote=CA renter]Bidding wars are fairly common everywhere from what I’m hearing. It’s happening in San Diego, Orange County, L.A. County, Las Vegas, Phoenix, etc., etc.
[/quote]

It’ the low inventory. There is simply too little inventory.

[sdrealtor]

CAR
You could very well be right. I’m just providing information on what i see in the more transparent MLS portion of the market.

[sdrealtor]

CAR
You could very well be right. I’m just providing information on what i see in the more transparent MLS portion of the market.

[sdrealtor]

CAR
You could very well be right. I’m just providing information on what i see in the more transparent MLS portion of the market.

[sdrealtor]

CAR
You could very well be right. I’m just providing information on what i see in the more transparent MLS portion of the market.

[Author]

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