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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 (55879)	3/13/2006 3:11:25 PM
From: damainman	Respond to of 110194

yeah, every builder has pages and pages of immediate move in stuff for Texas.

To: Ramsey Su who wrote (55879)	3/13/2006 7:47:11 PM
From: ild	Read Replies (3) \| Respond to of 110194

Interesting data on new home sales in Orange County ocregister.com Feb. 27/2006 YOY: Prices: +13.6% Resale homes +16.3% Resale condos -30.3% New homes Sales volume: -22.8% Resale homes -18.8% Resale condos +61.6% New homes Last year inventory for sale bottomed on 3/17/2005 at 4,594. Today it's at 9,943 idorfman.com OTOH even today inventory is not yet high. In 2005 there were 46,548 sales. If RE is slowing I'd expect inventory to be at 18,000 by June 1.