Update: YOY SD RE Inventory continues to go further negative. Down 3.2%

[schizo2buyORnot]

cooperider14,

Do you have a problem with reading simple English . . . . In this post I said exactly nothing of my own opinion. I simply brought facts from the MLS to the table. Exactly how has ocrenter proved anything wrong in terms of what the actual numbers of listed homes for sale on the MLS this year versus last year are???? It may be a challenge for you but re-read the original post in this thread. I only bring the facts. The facts speak for themselves. As Rich’s motto says . . . “In God we trust. Everyone else bring data.” I’m just bringing you the data.

Here ya go coop . . . just in case you missed the first day of Econ 101. There is this little phenomena called Supply and Demand which affects the price of a given commodity, in this case housing. Well the best available hard data on the Supply side of the equation comes from . . . the MLS. Now of course this is only half the equation. Unfortunately there is no hard repository of data indicating exactly how many buyers their are out in the market actively looking to purchase (uh . . . that would be the “Demand”) one of the homes in the “Supply.” All you have is anecdotal evidence in the form of realtors who post here and comment on the current level of traffic and interest. Median Price, Case-Shiller, etc. are all somewhat stale data in that the arms length purchase agreement event of a buyer agreeing to a price with a given seller represented in those numbers is stale by at least 2-3 months. The MLS data is current however. Thus while being only half the equation it is important data.

I know that for most restating the obvious (Econ 101 – Supply/Demand etc) in this way is not necessary. But in your case coop I’ll gladly try to educate you a bit.

In search of a crystal ball . . . .

[sdrealtor]

cooprider,
Ya got that wrong buddy! Check out my update on thread where ocrenter “explicitly proved me (sic) wrong”. It’s th e San Marcos price reduction thread, I updated yesterday and you will find quite to the contrary that I explicitly provided ocrenter wrong.

update: After reading a bit more I guess it wasnt me that ocr proved wrong. That’s right, I forgot, I’m never wrong;)

[sdrealtor]

cooprider,
Ya got that wrong buddy! Check out my update on thread where ocrenter “explicitly proved me (sic) wrong”. It’s th e San Marcos price reduction thread, I updated yesterday and you will find quite to the contrary that I explicitly provided ocrenter wrong.

update: After reading a bit more I guess it wasnt me that ocr proved wrong. That’s right, I forgot, I’m never wrong;)

[sdrealtor]

cooprider,
Ya got that wrong buddy! Check out my update on thread where ocrenter “explicitly proved me (sic) wrong”. It’s th e San Marcos price reduction thread, I updated yesterday and you will find quite to the contrary that I explicitly provided ocrenter wrong.

update: After reading a bit more I guess it wasnt me that ocr proved wrong. That’s right, I forgot, I’m never wrong;)

[sdrealtor]

cooprider,
Ya got that wrong buddy! Check out my update on thread where ocrenter “explicitly proved me (sic) wrong”. It’s th e San Marcos price reduction thread, I updated yesterday and you will find quite to the contrary that I explicitly provided ocrenter wrong.

update: After reading a bit more I guess it wasnt me that ocr proved wrong. That’s right, I forgot, I’m never wrong;)

[sdrealtor]

cooprider,
Ya got that wrong buddy! Check out my update on thread where ocrenter “explicitly proved me (sic) wrong”. It’s th e San Marcos price reduction thread, I updated yesterday and you will find quite to the contrary that I explicitly provided ocrenter wrong.

update: After reading a bit more I guess it wasnt me that ocr proved wrong. That’s right, I forgot, I’m never wrong;)

[socrattt]

Folks, this is far from the bottom. Economically we are in an extremely weak period, loss of jobs, declining home prices, inflation and of course skyrocketing energy prices (which I think we have yet to even see a slight impact from). This housing picture becomes much greater than a simple equation of inventory. We have to start thinking outside the box in order to understand what is going to happen to this market.

Not only are we far from the bottom, but we are, no doubt, going to have an unqualified President running this country, which scares me even more. I urge you all to look beyond the lines and realize that this country has some big problems economically and we are far from any sort of bottom in this recession and housing market.

[socrattt]

Folks, this is far from the bottom. Economically we are in an extremely weak period, loss of jobs, declining home prices, inflation and of course skyrocketing energy prices (which I think we have yet to even see a slight impact from). This housing picture becomes much greater than a simple equation of inventory. We have to start thinking outside the box in order to understand what is going to happen to this market.

Not only are we far from the bottom, but we are, no doubt, going to have an unqualified President running this country, which scares me even more. I urge you all to look beyond the lines and realize that this country has some big problems economically and we are far from any sort of bottom in this recession and housing market.

[socrattt]

Folks, this is far from the bottom. Economically we are in an extremely weak period, loss of jobs, declining home prices, inflation and of course skyrocketing energy prices (which I think we have yet to even see a slight impact from). This housing picture becomes much greater than a simple equation of inventory. We have to start thinking outside the box in order to understand what is going to happen to this market.

Not only are we far from the bottom, but we are, no doubt, going to have an unqualified President running this country, which scares me even more. I urge you all to look beyond the lines and realize that this country has some big problems economically and we are far from any sort of bottom in this recession and housing market.

[socrattt]

Folks, this is far from the bottom. Economically we are in an extremely weak period, loss of jobs, declining home prices, inflation and of course skyrocketing energy prices (which I think we have yet to even see a slight impact from). This housing picture becomes much greater than a simple equation of inventory. We have to start thinking outside the box in order to understand what is going to happen to this market.

Not only are we far from the bottom, but we are, no doubt, going to have an unqualified President running this country, which scares me even more. I urge you all to look beyond the lines and realize that this country has some big problems economically and we are far from any sort of bottom in this recession and housing market.

[socrattt]

Folks, this is far from the bottom. Economically we are in an extremely weak period, loss of jobs, declining home prices, inflation and of course skyrocketing energy prices (which I think we have yet to even see a slight impact from). This housing picture becomes much greater than a simple equation of inventory. We have to start thinking outside the box in order to understand what is going to happen to this market.

Not only are we far from the bottom, but we are, no doubt, going to have an unqualified President running this country, which scares me even more. I urge you all to look beyond the lines and realize that this country has some big problems economically and we are far from any sort of bottom in this recession and housing market.

[jpinpb]

schizo2buyORnot – There is only one problem w/your data. It is NOT complete. You are just providing MLS listings, which do not include the endless supply of bank owned which are not listed. Thus it is not accurate or complete and it is misleading.

[jpinpb]

schizo2buyORnot – There is only one problem w/your data. It is NOT complete. You are just providing MLS listings, which do not include the endless supply of bank owned which are not listed. Thus it is not accurate or complete and it is misleading.

[jpinpb]

schizo2buyORnot – There is only one problem w/your data. It is NOT complete. You are just providing MLS listings, which do not include the endless supply of bank owned which are not listed. Thus it is not accurate or complete and it is misleading.

[jpinpb]

schizo2buyORnot – There is only one problem w/your data. It is NOT complete. You are just providing MLS listings, which do not include the endless supply of bank owned which are not listed. Thus it is not accurate or complete and it is misleading.

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