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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (32969)	5/22/2005 5:57:15 PM
From: Elroy Jetson	Read Replies (4) \| Respond to of 110194

I'm seeing something in Los Angeles I've never seen before. When I look on the MLS, the number of listings has declined dramatically. When I drive around I see many "For Sale" signs. The signs are from agents with large firms which are members of the MLS. Yet when I look up many of the homes with "For Sale" signs in the MLS, there is no listing. There wither hasn't been a listing, or there used to be a listing which did not result in a sale. All I can figure is that the agents or the sellers don't want a history in the MLS of their home being on the market for an extended period of time. .