The Ongoing Case-Shiller Fallacy/Shadow Inventory

[sdrealtor]

JP,
Yes they were stealth and then became active inventory. I think there is a good deal of stealth inventory out there just not as much as others. Even more so, I think most of the stealth will get digested systematically and slowly. This is not the simple matter so many would like it to be. While mid/high end markets in SoCal have more work ahead things have stabilized in other parts of the country. I am constantly amazed by the number of people I see sitting on the sidelines with lots of cash.

The real issue is not whether there is stealth inventory out there but rather whether there will be a huge dump of it on the market. There is always stealth inventory out there that will come on the market if certain conditions occur. If they continue to manage its as well as they have the market will slog along very differently than if there is a dump of it on the market. The major collapse in pricing is incumbent upon that dump coming. If it does not come the disposition of these upside assets can be far more orderly.

[jpinpb]

sdr – that is what I’m wondering. How will those upside-down places get absorbed. You want to use the word “disposition.” Whichever word anyone wants to use, orderly can mean over a drawn out period of time rather than dumped and done quickly.

[jpinpb]

sdr – that is what I’m wondering. How will those upside-down places get absorbed. You want to use the word “disposition.” Whichever word anyone wants to use, orderly can mean over a drawn out period of time rather than dumped and done quickly.

[jpinpb]

sdr – that is what I’m wondering. How will those upside-down places get absorbed. You want to use the word “disposition.” Whichever word anyone wants to use, orderly can mean over a drawn out period of time rather than dumped and done quickly.

[jpinpb]

sdr – that is what I’m wondering. How will those upside-down places get absorbed. You want to use the word “disposition.” Whichever word anyone wants to use, orderly can mean over a drawn out period of time rather than dumped and done quickly.

[jpinpb]

sdr – that is what I’m wondering. How will those upside-down places get absorbed. You want to use the word “disposition.” Whichever word anyone wants to use, orderly can mean over a drawn out period of time rather than dumped and done quickly.

[scaredyclassic]

i dont know if a collapse in pricing is necessarily dependent on massiveinventory. if the stocke market hemorrhages to 5,000, I would say real estate wil plunge as well.

[scaredyclassic]

i dont know if a collapse in pricing is necessarily dependent on massiveinventory. if the stocke market hemorrhages to 5,000, I would say real estate wil plunge as well.

[scaredyclassic]

i dont know if a collapse in pricing is necessarily dependent on massiveinventory. if the stocke market hemorrhages to 5,000, I would say real estate wil plunge as well.

[scaredyclassic]

i dont know if a collapse in pricing is necessarily dependent on massiveinventory. if the stocke market hemorrhages to 5,000, I would say real estate wil plunge as well.

[scaredyclassic]

i dont know if a collapse in pricing is necessarily dependent on massiveinventory. if the stocke market hemorrhages to 5,000, I would say real estate wil plunge as well.

[Rt.66]

[quote=sdrealtor]You are like one of those media outlets pulling sound bites and clearly no understanding of economics. There are many variables out there and each have their impact. Limited supply acts to create stability and/or upward pressure on prices. Other variables such as distress properties, valuations in excess of fundamentals, credit contraction etc have the opposite effect. Both forces are present and there is absolutely no contradcition in pointing out the various forces at work. I look at both sides and you only look at one. That is your failing. I measure each against the other and you cry the sky is falling look at all the bad news.

Please explain to me where your brilliant perspective was gleaned from. Do you have any real education, skill or experience to draw from?[/quote]

From bull to bear to schizophrenic…. dude you are a riot.

I bring data and you bring opinions and confusion; you can’t decide whether to argue your point or mine.

What sort of education do I need to dual with a realtor? Do you even need a high school diploma to get your realtor card?

This forum has been castrated by posters like you and the faithful that come to your aid. I can’t believe a “making a killing”, flip-flopping, pump monkey realtor is getting such a pass.

[Rt.66]

[quote=sdrealtor]You are like one of those media outlets pulling sound bites and clearly no understanding of economics. There are many variables out there and each have their impact. Limited supply acts to create stability and/or upward pressure on prices. Other variables such as distress properties, valuations in excess of fundamentals, credit contraction etc have the opposite effect. Both forces are present and there is absolutely no contradcition in pointing out the various forces at work. I look at both sides and you only look at one. That is your failing. I measure each against the other and you cry the sky is falling look at all the bad news.

Please explain to me where your brilliant perspective was gleaned from. Do you have any real education, skill or experience to draw from?[/quote]

From bull to bear to schizophrenic…. dude you are a riot.

I bring data and you bring opinions and confusion; you can’t decide whether to argue your point or mine.

What sort of education do I need to dual with a realtor? Do you even need a high school diploma to get your realtor card?

This forum has been castrated by posters like you and the faithful that come to your aid. I can’t believe a “making a killing”, flip-flopping, pump monkey realtor is getting such a pass.

[Rt.66]

[quote=sdrealtor]You are like one of those media outlets pulling sound bites and clearly no understanding of economics. There are many variables out there and each have their impact. Limited supply acts to create stability and/or upward pressure on prices. Other variables such as distress properties, valuations in excess of fundamentals, credit contraction etc have the opposite effect. Both forces are present and there is absolutely no contradcition in pointing out the various forces at work. I look at both sides and you only look at one. That is your failing. I measure each against the other and you cry the sky is falling look at all the bad news.

Please explain to me where your brilliant perspective was gleaned from. Do you have any real education, skill or experience to draw from?[/quote]

From bull to bear to schizophrenic…. dude you are a riot.

I bring data and you bring opinions and confusion; you can’t decide whether to argue your point or mine.

What sort of education do I need to dual with a realtor? Do you even need a high school diploma to get your realtor card?

This forum has been castrated by posters like you and the faithful that come to your aid. I can’t believe a “making a killing”, flip-flopping, pump monkey realtor is getting such a pass.

[Rt.66]

[quote=sdrealtor]You are like one of those media outlets pulling sound bites and clearly no understanding of economics. There are many variables out there and each have their impact. Limited supply acts to create stability and/or upward pressure on prices. Other variables such as distress properties, valuations in excess of fundamentals, credit contraction etc have the opposite effect. Both forces are present and there is absolutely no contradcition in pointing out the various forces at work. I look at both sides and you only look at one. That is your failing. I measure each against the other and you cry the sky is falling look at all the bad news.

Please explain to me where your brilliant perspective was gleaned from. Do you have any real education, skill or experience to draw from?[/quote]

From bull to bear to schizophrenic…. dude you are a riot.

I bring data and you bring opinions and confusion; you can’t decide whether to argue your point or mine.

What sort of education do I need to dual with a realtor? Do you even need a high school diploma to get your realtor card?

This forum has been castrated by posters like you and the faithful that come to your aid. I can’t believe a “making a killing”, flip-flopping, pump monkey realtor is getting such a pass.

[Author]

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