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Sandi Egan
15 years ago

Great and insightful info as
Great and insightful info as usual. Thanks, Rich.

Do you think the drop in the listings could be at least partially attributed to short sales listing going back to the banks? If that’s the case they will come back as REOs later this year…

moneymaker
15 years ago
Reply to  Sandi Egan

Who is actually buying up the
Who is actually buying up the inventory? Investors, homeowners tired of renting? I’ve seen a lot of properties in my neighborhood sitting, then I drive through a nicer neighborhood and do not see anything for sale. Money is tight ,credit is tight, are investors really buying when we are still 20% from the bottom.

sdrealtor
15 years ago
Reply to  Sandi Egan

From my experience, the vast
From my experience, the vast majority of active Short Sale listings have offers on them. I think SD R would agree. If the banks ever get the short sale machine humming, inventory would drop precipitously in a couple months.

sdduuuude
15 years ago

Here’s an interesting way of
Here’s an interesting way of looking at the market:

http://lansner.freedomblogging.com/2008/07/11/brokers-june-oc-home-sales-worth-18-less/

It tracks total sales in dollars for the county.

Rich – what do you think about adding this metric to the rodeo ?