Only Poway’s zip showed me what I would characterize as a typical seasonal jump in sales volumes. The reported volumes for all the other zips are looking pretty bad.
I’ve been noticing many SOLD signs in Poway. I guess it is holding its desirability, because of the schools. It is the most affordable good-school area.
Bugs, could you do a tally like this at the end of every month? Do you have any personal experience with the population decline?
Bugs,
The missing part of the equation is what happened last year in these ZIP’s. I ran a few of them and found a 20 to 30% bump from May to June. As for the June 2006 numbers, it is way too early to run these numbers. In another week or two alot of the closing that happened at the end of June but weren’t reported should be in and the June numbers will improve. Unfortunately, I expect it will still show a decline. From what I am seeing, July will be worse not better.
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