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CA renter.
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May 4, 2008 at 9:22 PM #199157May 4, 2008 at 9:42 PM #199037
SD Realtor
ParticipantJC it really depends on the type of housing and the area you are looking in.
Right now Scripps is PSYCHOTIC. The active/pending ratio is now better then 2 to 1. As a wannabe buyer I have thrown in the towel for awhile as the market is just to hot. 94 actives and 48 pendings. Conversely I went to a listing appointment for a condo on 3rd Street at Moonlight Beach. I did a search on the two mapcodes in that area and the active pending ratio was 18 to 1. May answer to you JC is that in general the activity is still there. I am hoping to see it taper off as the summer wears down. Agreed with pony… (as sdr says) lots of good deals but not alot of great properties.
Anyways the beat goes on…
As usual this is not an endorsement that you should go out and buy a home now if financial considerations are the driving force for making a purchase….
SD Realtor
May 4, 2008 at 9:42 PM #199078ParticipantJC it really depends on the type of housing and the area you are looking in.
Right now Scripps is PSYCHOTIC. The active/pending ratio is now better then 2 to 1. As a wannabe buyer I have thrown in the towel for awhile as the market is just to hot. 94 actives and 48 pendings. Conversely I went to a listing appointment for a condo on 3rd Street at Moonlight Beach. I did a search on the two mapcodes in that area and the active pending ratio was 18 to 1. May answer to you JC is that in general the activity is still there. I am hoping to see it taper off as the summer wears down. Agreed with pony… (as sdr says) lots of good deals but not alot of great properties.
Anyways the beat goes on…
As usual this is not an endorsement that you should go out and buy a home now if financial considerations are the driving force for making a purchase….
SD Realtor
May 4, 2008 at 9:42 PM #199105ParticipantJC it really depends on the type of housing and the area you are looking in.
Right now Scripps is PSYCHOTIC. The active/pending ratio is now better then 2 to 1. As a wannabe buyer I have thrown in the towel for awhile as the market is just to hot. 94 actives and 48 pendings. Conversely I went to a listing appointment for a condo on 3rd Street at Moonlight Beach. I did a search on the two mapcodes in that area and the active pending ratio was 18 to 1. May answer to you JC is that in general the activity is still there. I am hoping to see it taper off as the summer wears down. Agreed with pony… (as sdr says) lots of good deals but not alot of great properties.
Anyways the beat goes on…
As usual this is not an endorsement that you should go out and buy a home now if financial considerations are the driving force for making a purchase….
SD Realtor
May 4, 2008 at 9:42 PM #199129ParticipantJC it really depends on the type of housing and the area you are looking in.
Right now Scripps is PSYCHOTIC. The active/pending ratio is now better then 2 to 1. As a wannabe buyer I have thrown in the towel for awhile as the market is just to hot. 94 actives and 48 pendings. Conversely I went to a listing appointment for a condo on 3rd Street at Moonlight Beach. I did a search on the two mapcodes in that area and the active pending ratio was 18 to 1. May answer to you JC is that in general the activity is still there. I am hoping to see it taper off as the summer wears down. Agreed with pony… (as sdr says) lots of good deals but not alot of great properties.
Anyways the beat goes on…
As usual this is not an endorsement that you should go out and buy a home now if financial considerations are the driving force for making a purchase….
SD Realtor
May 4, 2008 at 9:42 PM #199162ParticipantJC it really depends on the type of housing and the area you are looking in.
Right now Scripps is PSYCHOTIC. The active/pending ratio is now better then 2 to 1. As a wannabe buyer I have thrown in the towel for awhile as the market is just to hot. 94 actives and 48 pendings. Conversely I went to a listing appointment for a condo on 3rd Street at Moonlight Beach. I did a search on the two mapcodes in that area and the active pending ratio was 18 to 1. May answer to you JC is that in general the activity is still there. I am hoping to see it taper off as the summer wears down. Agreed with pony… (as sdr says) lots of good deals but not alot of great properties.
Anyways the beat goes on…
As usual this is not an endorsement that you should go out and buy a home now if financial considerations are the driving force for making a purchase….
SD Realtor
May 4, 2008 at 9:56 PM #199062CA renter
ParticipantWe did a basic open house run today, just to see how the action is compared to other weekends and months.
It looks to me like things **might** be slowing down a bit. I still think February was HOT as far as buyer traffic was concerned, but March & April saw the pendings & sales really rise (from the few No. County areas we track).
OTOH, it looks like new listings aren’t coming on quite as quickly as they could. Most of the homes that were active listings in February have sold — particularly anything even resembling a good deal.
BTW, there might be a reason we are seeing banks sitting on empty houses. Will post on a fresh thread later…
May 4, 2008 at 9:56 PM #199103ParticipantWe did a basic open house run today, just to see how the action is compared to other weekends and months.
It looks to me like things **might** be slowing down a bit. I still think February was HOT as far as buyer traffic was concerned, but March & April saw the pendings & sales really rise (from the few No. County areas we track).
OTOH, it looks like new listings aren’t coming on quite as quickly as they could. Most of the homes that were active listings in February have sold — particularly anything even resembling a good deal.
BTW, there might be a reason we are seeing banks sitting on empty houses. Will post on a fresh thread later…
May 4, 2008 at 9:56 PM #199128ParticipantWe did a basic open house run today, just to see how the action is compared to other weekends and months.
It looks to me like things **might** be slowing down a bit. I still think February was HOT as far as buyer traffic was concerned, but March & April saw the pendings & sales really rise (from the few No. County areas we track).
OTOH, it looks like new listings aren’t coming on quite as quickly as they could. Most of the homes that were active listings in February have sold — particularly anything even resembling a good deal.
BTW, there might be a reason we are seeing banks sitting on empty houses. Will post on a fresh thread later…
May 4, 2008 at 9:56 PM #199156ParticipantWe did a basic open house run today, just to see how the action is compared to other weekends and months.
It looks to me like things **might** be slowing down a bit. I still think February was HOT as far as buyer traffic was concerned, but March & April saw the pendings & sales really rise (from the few No. County areas we track).
OTOH, it looks like new listings aren’t coming on quite as quickly as they could. Most of the homes that were active listings in February have sold — particularly anything even resembling a good deal.
BTW, there might be a reason we are seeing banks sitting on empty houses. Will post on a fresh thread later…
May 4, 2008 at 9:56 PM #199188ParticipantWe did a basic open house run today, just to see how the action is compared to other weekends and months.
It looks to me like things **might** be slowing down a bit. I still think February was HOT as far as buyer traffic was concerned, but March & April saw the pendings & sales really rise (from the few No. County areas we track).
OTOH, it looks like new listings aren’t coming on quite as quickly as they could. Most of the homes that were active listings in February have sold — particularly anything even resembling a good deal.
BTW, there might be a reason we are seeing banks sitting on empty houses. Will post on a fresh thread later…
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