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


To: Ramsey Su who wrote (36895)7/25/2005 12:20:08 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Latest Bubble bursting box scores out of San Diego, yell FIRE!!!!:

San Diego county realtor.com total listings
[i.e. San Diego and surrounding cities SFH and condos listed for sale only on realtor.com]

6/18/2005 7900
6/25/2005 8139
7/1/2005 8316
7/8/2005 8574
7/15/2005 8824
7/22/2005 9243

A quick down and dirty on downtown San Diego.
sdcondo.com

Of 415 current listings there have been 139 price reductions in just the last five weeks. "Pending" has been running 15.6 a week over last five, but there have been 18 (3.6) "fall from escrow", a net sales of 60. That's 8 months of inventory. Prices sold are down.