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Artifact
ParticipantFigures – nothing new, same trend we have seen all along:
[img_assist|nid=3652|title= Total Listings and Short Sales|desc=|link=node|align=left|width=466|height=308]
[img_assist|nid=3653|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=308]ParticipantFigures – nothing new, same trend we have seen all along:
[img_assist|nid=3652|title= Total Listings and Short Sales|desc=|link=node|align=left|width=466|height=308]
[img_assist|nid=3653|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=308]ParticipantI was going so far as to not get that b4 = before – which maybe says something about the description itself – spell things out clearly?
I am pretty computer savvy; I spend 6 to 8 hours a day at the computer for work and a couple more for fun – had I read that in a post on this board I would have gotten that right away, but reading the mls listing, I was reading to much into it and assumed that b4 = some real estate term I had never heard of.
ParticipantI was going so far as to not get that b4 = before – which maybe says something about the description itself – spell things out clearly?
I am pretty computer savvy; I spend 6 to 8 hours a day at the computer for work and a couple more for fun – had I read that in a post on this board I would have gotten that right away, but reading the mls listing, I was reading to much into it and assumed that b4 = some real estate term I had never heard of.
ParticipantThanks for the responses – I was asking more specifically what the B-4 contingency was – but I also (now that I see SDR’s response) did not fully understand the prequal part.
I am assuming from sdcellar’s response that B-4 was just internet abbreviation and not an actual real estate term – I was over-reading I think.
T
ParticipantThanks for the responses – I was asking more specifically what the B-4 contingency was – but I also (now that I see SDR’s response) did not fully understand the prequal part.
I am assuming from sdcellar’s response that B-4 was just internet abbreviation and not an actual real estate term – I was over-reading I think.
T
ParticipantWe have 1 income (mine) of 75K to 80K depending on bonuses. That covers me, 1 wife (who stays home) and 2 young kids – I have a PhD from UCSD and my wife has a BA – but the only degree she needs at the moment is in patience.
So I guess that puts us over median household and family, but under median per capita – we rent in Carlsbad/Encinitas for roughly 1500. We have savings for 20% down on a “normally” priced starter home, but doubtful that will be in North County. Makes it look appealing to move (within my current employer, so same pay level) to a more affordable market. But for now we are just waiting semi-patiently to see what the market does in the next year.
ParticipantWe have 1 income (mine) of 75K to 80K depending on bonuses. That covers me, 1 wife (who stays home) and 2 young kids – I have a PhD from UCSD and my wife has a BA – but the only degree she needs at the moment is in patience.
So I guess that puts us over median household and family, but under median per capita – we rent in Carlsbad/Encinitas for roughly 1500. We have savings for 20% down on a “normally” priced starter home, but doubtful that will be in North County. Makes it look appealing to move (within my current employer, so same pay level) to a more affordable market. But for now we are just waiting semi-patiently to see what the market does in the next year.
ParticipantHere are the figures – including last weeks data. Sorry for the missed week – work called and I was away most of the week with only intermittent internet access.
[img_assist|nid=3575|title= Totals Listing and Short Sales|desc=|link=node|align=left|width=466|height=299]
[img_assist|nid=3576|title= Percent Change and percent Short Sales of Total|desc=|link=node|align=left|width=466|height=299]ParticipantHere are the figures – including last weeks data. Sorry for the missed week – work called and I was away most of the week with only intermittent internet access.
[img_assist|nid=3575|title= Totals Listing and Short Sales|desc=|link=node|align=left|width=466|height=299]
[img_assist|nid=3576|title= Percent Change and percent Short Sales of Total|desc=|link=node|align=left|width=466|height=299]ParticipantInteresting that this report almost admits how poor of a measure the median is in this situation, even if they do not fully admit the reality of what this statment means:
“Although the median price of a home in California continues to rise, this reflects the fall-off in sales in the lower-priced markets of the state where new home inventories and foreclosures are competing with the existing home market,” said C.A.R. Vice President and Chief Economist Leslie Appleton-Young. “Fewer sales from these regions coupled with modest gains in some of the stronger coastal markets are pushing the median price for the state up slightly.”
ParticipantInteresting that this report almost admits how poor of a measure the median is in this situation, even if they do not fully admit the reality of what this statment means:
“Although the median price of a home in California continues to rise, this reflects the fall-off in sales in the lower-priced markets of the state where new home inventories and foreclosures are competing with the existing home market,” said C.A.R. Vice President and Chief Economist Leslie Appleton-Young. “Fewer sales from these regions coupled with modest gains in some of the stronger coastal markets are pushing the median price for the state up slightly.”
ParticipantNow that plot is funny – but thinking about it, since the data are from La Jolla, I should have expected to have that type of “uneven” shape!
ParticipantNow that plot is funny – but thinking about it, since the data are from La Jolla, I should have expected to have that type of “uneven” shape!
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