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


To: dpl who wrote (69248)9/1/2006 12:50:48 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
If 41% are reduced, then the other 59% may already be viewed as "not serious sellers" and avoided. I already shop for clothes and many other items that way -- if it's not on sale, it's not for sale.



To: dpl who wrote (69248)9/1/2006 3:42:44 PM
From: Ramsey Su  Read Replies (3) | Respond to of 110194
 
that site, for San Diego, is way way off. I would not use those numbers for anything.

I think there is a misunderstanding that high inventory will go on indefinitely. I believe that inventory should start stalling now because all the "regular" homeowners who have no particular reason to sell are going to move to the sidelines. They will be grumbling about "should have" and "could have" for the next few years. Furthermore, we are heading into the traditionally slower season.

SD's inventory, as an example, peaked at about 23,200 a week or two ago. It is now heading back below 23k again.