Forum Replies Created
-
AuthorPosts
-
June 3, 2008 at 6:16 PM in reply to: Update: YOY SD RE Inventory continues to go further negative. Down 3.2% #216336June 3, 2008 at 6:16 PM in reply to: Update: YOY SD RE Inventory continues to go further negative. Down 3.2% #216419BugsParticipant
Yawn, wake me up when we the combined attahced/detached listing inventory drops below 10,000. At this rate it should only take 3 more years. That’s if nothing bad happens between now and then. LOL
The foreclosures from actual ARM resets have yet to hit. Gross number of sellers being down belies the impact of the increase of compelled-to-sell-now sellers. The bust of the 1990s had 3 distinct rallies before it bottomed out. As I see it, we have been long overdue for a sucker’s rally.
I just did an analysis of the Escondido market. They currently have a year’s worth of SFRs and almost 16 months of condos sitting around; and there are a lot more foreclosures reported for those zips in Foreclosure.com than the total number of sales over the first 5 months of this year. And more coming online every month.
I swear, S2Buy must be holding a property or two; otherwise why would he/she do this every month?
June 3, 2008 at 6:16 PM in reply to: Update: YOY SD RE Inventory continues to go further negative. Down 3.2% #216446BugsParticipantYawn, wake me up when we the combined attahced/detached listing inventory drops below 10,000. At this rate it should only take 3 more years. That’s if nothing bad happens between now and then. LOL
The foreclosures from actual ARM resets have yet to hit. Gross number of sellers being down belies the impact of the increase of compelled-to-sell-now sellers. The bust of the 1990s had 3 distinct rallies before it bottomed out. As I see it, we have been long overdue for a sucker’s rally.
I just did an analysis of the Escondido market. They currently have a year’s worth of SFRs and almost 16 months of condos sitting around; and there are a lot more foreclosures reported for those zips in Foreclosure.com than the total number of sales over the first 5 months of this year. And more coming online every month.
I swear, S2Buy must be holding a property or two; otherwise why would he/she do this every month?
June 3, 2008 at 6:16 PM in reply to: Update: YOY SD RE Inventory continues to go further negative. Down 3.2% #216469BugsParticipantYawn, wake me up when we the combined attahced/detached listing inventory drops below 10,000. At this rate it should only take 3 more years. That’s if nothing bad happens between now and then. LOL
The foreclosures from actual ARM resets have yet to hit. Gross number of sellers being down belies the impact of the increase of compelled-to-sell-now sellers. The bust of the 1990s had 3 distinct rallies before it bottomed out. As I see it, we have been long overdue for a sucker’s rally.
I just did an analysis of the Escondido market. They currently have a year’s worth of SFRs and almost 16 months of condos sitting around; and there are a lot more foreclosures reported for those zips in Foreclosure.com than the total number of sales over the first 5 months of this year. And more coming online every month.
I swear, S2Buy must be holding a property or two; otherwise why would he/she do this every month?
June 3, 2008 at 6:16 PM in reply to: Update: YOY SD RE Inventory continues to go further negative. Down 3.2% #216497BugsParticipantYawn, wake me up when we the combined attahced/detached listing inventory drops below 10,000. At this rate it should only take 3 more years. That’s if nothing bad happens between now and then. LOL
The foreclosures from actual ARM resets have yet to hit. Gross number of sellers being down belies the impact of the increase of compelled-to-sell-now sellers. The bust of the 1990s had 3 distinct rallies before it bottomed out. As I see it, we have been long overdue for a sucker’s rally.
I just did an analysis of the Escondido market. They currently have a year’s worth of SFRs and almost 16 months of condos sitting around; and there are a lot more foreclosures reported for those zips in Foreclosure.com than the total number of sales over the first 5 months of this year. And more coming online every month.
I swear, S2Buy must be holding a property or two; otherwise why would he/she do this every month?
BugsParticipantAs I read it, there is no guarantee that the home won’t lose value. The builder’s just saying that they won’t undercut their sale prices without paying them the difference.
BugsParticipantAs I read it, there is no guarantee that the home won’t lose value. The builder’s just saying that they won’t undercut their sale prices without paying them the difference.
BugsParticipantAs I read it, there is no guarantee that the home won’t lose value. The builder’s just saying that they won’t undercut their sale prices without paying them the difference.
BugsParticipantAs I read it, there is no guarantee that the home won’t lose value. The builder’s just saying that they won’t undercut their sale prices without paying them the difference.
BugsParticipantAs I read it, there is no guarantee that the home won’t lose value. The builder’s just saying that they won’t undercut their sale prices without paying them the difference.
June 3, 2008 at 9:40 AM in reply to: should I buy now in San Marcos ( Santa Fe hills development) ? #216000BugsParticipantSo far, San Marcos has been about 18 months or so behind Temecula. If that trend carries, then where Temecula is right now, percentagewise compared to its peak, San Marcos will arrive in 12-18 months.
I’d stick around. You have nothing to lose.
June 3, 2008 at 9:40 AM in reply to: should I buy now in San Marcos ( Santa Fe hills development) ? #216083BugsParticipantSo far, San Marcos has been about 18 months or so behind Temecula. If that trend carries, then where Temecula is right now, percentagewise compared to its peak, San Marcos will arrive in 12-18 months.
I’d stick around. You have nothing to lose.
June 3, 2008 at 9:40 AM in reply to: should I buy now in San Marcos ( Santa Fe hills development) ? #216109BugsParticipantSo far, San Marcos has been about 18 months or so behind Temecula. If that trend carries, then where Temecula is right now, percentagewise compared to its peak, San Marcos will arrive in 12-18 months.
I’d stick around. You have nothing to lose.
June 3, 2008 at 9:40 AM in reply to: should I buy now in San Marcos ( Santa Fe hills development) ? #216135BugsParticipantSo far, San Marcos has been about 18 months or so behind Temecula. If that trend carries, then where Temecula is right now, percentagewise compared to its peak, San Marcos will arrive in 12-18 months.
I’d stick around. You have nothing to lose.
June 3, 2008 at 9:40 AM in reply to: should I buy now in San Marcos ( Santa Fe hills development) ? #216162BugsParticipantSo far, San Marcos has been about 18 months or so behind Temecula. If that trend carries, then where Temecula is right now, percentagewise compared to its peak, San Marcos will arrive in 12-18 months.
I’d stick around. You have nothing to lose.
-
AuthorPosts