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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Ramsey Su who wrote (45818)11/18/2005 12:32:37 PM
From: ild  Read Replies (1) of 110194
 
The news from Orange County is that RE inventory finally higher than it was a year ago.

Tightest supply was in March 2004. Inventory grew until August 2004. Then it was receding until March 2005. It has been growing since then.

Orange County number of MLS listings for sale
08/11/2004 12930 -- top in 2004
03/17/2005 4594 -- bottom in 2005

Yesterday it was at 8800 which is same as last year.
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