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December 10, 2007 at 9:05 AM #112941December 10, 2007 at 9:05 AM #112981sdrealtorParticipant
Update time!
Short sales 5,734 up from 5,653. We looked to be leveling off but climbed this week
Countywide we are at 18,158 down from 18,334 last week. Inventory is dropping off but not precipitously yet. It should have already. We may see some interesting inventory levels this Spring.
December 10, 2007 at 9:05 AM #112989sdrealtorParticipantUpdate time!
Short sales 5,734 up from 5,653. We looked to be leveling off but climbed this week
Countywide we are at 18,158 down from 18,334 last week. Inventory is dropping off but not precipitously yet. It should have already. We may see some interesting inventory levels this Spring.
December 10, 2007 at 9:05 AM #113023sdrealtorParticipantUpdate time!
Short sales 5,734 up from 5,653. We looked to be leveling off but climbed this week
Countywide we are at 18,158 down from 18,334 last week. Inventory is dropping off but not precipitously yet. It should have already. We may see some interesting inventory levels this Spring.
December 10, 2007 at 10:01 AM #112889ArtifactParticipantFigures –
Not much to add to the last post – inventory dropping slowly, short sales still going up. Two things I find very interesting – looking back though, I think they are both things that have been becoming more interesting in the past month or so.
1) The rate at which the percent short has increased (green line in the second plot) has been incredibly consistent almost all year.
2) Inventory dropping slower than expected and short sales still increasing….Does that mean that all of the new listings are short sales? The people who are keeping their house on the market instead of pulling it off and waiting for spring are people who are close to must sell status? Hard to say, but I think the “spring rebound” will be very interesting to watch.
I need to alter the axis on the second figure, but time constraints of the day will put that off to later!
[img_assist|nid=5754|title= Total Listings and Short Sales|desc=|link=node|align=left|width=466|height=279]
[img_assist|nid=5755|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=279]December 10, 2007 at 10:01 AM #113006ArtifactParticipantFigures –
Not much to add to the last post – inventory dropping slowly, short sales still going up. Two things I find very interesting – looking back though, I think they are both things that have been becoming more interesting in the past month or so.
1) The rate at which the percent short has increased (green line in the second plot) has been incredibly consistent almost all year.
2) Inventory dropping slower than expected and short sales still increasing….Does that mean that all of the new listings are short sales? The people who are keeping their house on the market instead of pulling it off and waiting for spring are people who are close to must sell status? Hard to say, but I think the “spring rebound” will be very interesting to watch.
I need to alter the axis on the second figure, but time constraints of the day will put that off to later!
[img_assist|nid=5754|title= Total Listings and Short Sales|desc=|link=node|align=left|width=466|height=279]
[img_assist|nid=5755|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=279]December 10, 2007 at 10:01 AM #113046ArtifactParticipantFigures –
Not much to add to the last post – inventory dropping slowly, short sales still going up. Two things I find very interesting – looking back though, I think they are both things that have been becoming more interesting in the past month or so.
1) The rate at which the percent short has increased (green line in the second plot) has been incredibly consistent almost all year.
2) Inventory dropping slower than expected and short sales still increasing….Does that mean that all of the new listings are short sales? The people who are keeping their house on the market instead of pulling it off and waiting for spring are people who are close to must sell status? Hard to say, but I think the “spring rebound” will be very interesting to watch.
I need to alter the axis on the second figure, but time constraints of the day will put that off to later!
[img_assist|nid=5754|title= Total Listings and Short Sales|desc=|link=node|align=left|width=466|height=279]
[img_assist|nid=5755|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=279]December 10, 2007 at 10:01 AM #113055ArtifactParticipantFigures –
Not much to add to the last post – inventory dropping slowly, short sales still going up. Two things I find very interesting – looking back though, I think they are both things that have been becoming more interesting in the past month or so.
1) The rate at which the percent short has increased (green line in the second plot) has been incredibly consistent almost all year.
2) Inventory dropping slower than expected and short sales still increasing….Does that mean that all of the new listings are short sales? The people who are keeping their house on the market instead of pulling it off and waiting for spring are people who are close to must sell status? Hard to say, but I think the “spring rebound” will be very interesting to watch.
I need to alter the axis on the second figure, but time constraints of the day will put that off to later!
[img_assist|nid=5754|title= Total Listings and Short Sales|desc=|link=node|align=left|width=466|height=279]
[img_assist|nid=5755|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=279]December 10, 2007 at 10:01 AM #113088ArtifactParticipantFigures –
Not much to add to the last post – inventory dropping slowly, short sales still going up. Two things I find very interesting – looking back though, I think they are both things that have been becoming more interesting in the past month or so.
1) The rate at which the percent short has increased (green line in the second plot) has been incredibly consistent almost all year.
2) Inventory dropping slower than expected and short sales still increasing….Does that mean that all of the new listings are short sales? The people who are keeping their house on the market instead of pulling it off and waiting for spring are people who are close to must sell status? Hard to say, but I think the “spring rebound” will be very interesting to watch.
I need to alter the axis on the second figure, but time constraints of the day will put that off to later!
[img_assist|nid=5754|title= Total Listings and Short Sales|desc=|link=node|align=left|width=466|height=279]
[img_assist|nid=5755|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=279]December 17, 2007 at 9:24 AM #118926sdrealtorParticipantUpdate time!
Short sales 5,783 up from 5,734. We have been pretty level for several weeks now.
Countywide we are at 17,851 down from 18,158 down from last week. Inventory is should have dropped precipitously already. Will we see 30,000 listings this Spring? My guess is no as only people that really need to sell will even try but who knows. Interesting times for sure.
December 17, 2007 at 9:24 AM #119058sdrealtorParticipantUpdate time!
Short sales 5,783 up from 5,734. We have been pretty level for several weeks now.
Countywide we are at 17,851 down from 18,158 down from last week. Inventory is should have dropped precipitously already. Will we see 30,000 listings this Spring? My guess is no as only people that really need to sell will even try but who knows. Interesting times for sure.
December 17, 2007 at 9:24 AM #119092sdrealtorParticipantUpdate time!
Short sales 5,783 up from 5,734. We have been pretty level for several weeks now.
Countywide we are at 17,851 down from 18,158 down from last week. Inventory is should have dropped precipitously already. Will we see 30,000 listings this Spring? My guess is no as only people that really need to sell will even try but who knows. Interesting times for sure.
December 17, 2007 at 9:24 AM #119133sdrealtorParticipantUpdate time!
Short sales 5,783 up from 5,734. We have been pretty level for several weeks now.
Countywide we are at 17,851 down from 18,158 down from last week. Inventory is should have dropped precipitously already. Will we see 30,000 listings this Spring? My guess is no as only people that really need to sell will even try but who knows. Interesting times for sure.
December 17, 2007 at 9:24 AM #119153sdrealtorParticipantUpdate time!
Short sales 5,783 up from 5,734. We have been pretty level for several weeks now.
Countywide we are at 17,851 down from 18,158 down from last week. Inventory is should have dropped precipitously already. Will we see 30,000 listings this Spring? My guess is no as only people that really need to sell will even try but who knows. Interesting times for sure.
December 17, 2007 at 10:29 AM #119031ArtifactParticipantFigures – not much to comment on. It still looks there is possibly a lagging trend in the short sales (a month or two behind the total listings). I did alter the scale on the second figure – the Percent Short of Total is the green line and plots on the right hand axis.
[img_assist|nid=5849|title= Short Sales and Total Listings|desc=|link=node|align=left|width=466|height=317]
[img_assist|nid=5850|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=317] -
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