Forum Replies Created
-
AuthorPosts
-
sdrealtor
ParticipantI’m looking forward to checkin out the view from up there myself on a clear day. I’ve heard the wind up there is gale force though. How was the wind the day you were up there?
ParticipantIts all relative. The builders will do what they have to in order to clear out their inventory. They have reason not to.
ParticipantSame thing happened last year with many publically traded builders. Summer is over and its time to get the standing inventory off the balance sheet by year end. The best deals of the year in 2006 came from builders doing this last year in September. Expect the same this year.
ParticipantTime to update everyone’s favorite bellweather:
8/30 to 9/5
new listings – 14
back on market – 2Total growth in inventory – 16
pendings – 5
expired – 11
withdrawn – 1
cancelled – 6Total decrease in inventory – 23
Net change in inventory – minus 7
Are folks giving up after the Summer? Another week with 5 pendings.
ParticipantUpdate time!
Speaking of which, Short sales 4,192 up from 4,022 up from last week. Still no end in sight here.
Countywide we are at 19,492 down from from 19,657. The decline is likely due to many listings expiring at the ebnd of August and either giving up or taking time for the agent to re input the listing. The next few months should be interesting as sales are very slow. This is where we should see prices fall. If not now? When?
ParticipantI believe its actually 103% of the property you sold and that you have 2 years to do it after you sell. In a declining market it could be a bonanza.
ParticipantJWM
Actually real estate in my area gap’d up over $100,000 in January 2004 in N County. Almost no one saw the increase of that magnitude coming. Not that it would happen aaain but it already has….for sure.sdr
ParticipantIt was beautiful from sea level and 25 feet from the Pacific too.
ParticipantWho says we need 100% raises overnight? In a hyperflation scenario played out over 4 to 5 years, wages could increases 5 to 10% per year and it would go a long way toward rebalancing if accompanied by modest declines.
Participantback on market could be a few things including fell out of escrow, withdrawn then back on or cancelled then back on.
September 2, 2007 at 11:11 AM in reply to: cannot wait anymore, buying a condo now instead of a house at 4S Ranch, and wait to buy a bigger house later? #83016ParticipantHuh? The substitute for a CV house is not a 29 Palms house. That is silly. The substitute for a CV house is a CV rental.
ParticipantTime to update everyone’s favorite bellweather:
8/23 to 8/29
new listings – 12
back on market – 4Total growth in inventory – 16
pendings – 5
expired – 4
withdrawn – 4
cancelled – 1Total decrease in inventory – 14
Net change in inventory – plus 2
Not much growth in the inventory but new escrows are still pretty slow
ParticipantIs this the UNtipping Point?
Seriously, all you guys crack me up bigtime. You react to every little bit of news like it will shift the balance. Think invisible hand. RE is such a slow moving ship and day to day news has very little impact. You need a lot of patience and a long term view to assess this. We have just come off a couple weeks of the worst possible news regarding mortgages and the market is still breathing and prices havent plummeted instantly.
Give it time grasshoppah!
ParticipantAmy,
Here’s the best place to check. Carlsbad has a great website.http://ci.carlsbad.ca.us/planning/mstplan.html
sdr
-
AuthorPosts
