Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: Riskmgmt who wrote (2553)	8/1/2016 12:22:52 PM
From: John Vosilla	Read Replies (1) \| Respond to of 2722

I go on Zillow app on my smart phone a lot to see how many months of inventory are for sale for myself. Is the best indicator for me no spin cause I don't trust the RE industry nor the media. Single family except the high end I see roughly 1-3 months of inventory so is quite tight while delinquency rates still continue to trend downward. Now I just checked the downtown Miami condo market and I come up with 10-12 months of inventory a totally different story we talked about in recent years finally playing out. No doubt the same story in our global gateway cities with overbuilding on the high end. Big difference this time the buyers are deeper pocket not as highly leveraged as the last bubble???