Jump to content



Photo

240 homes nearby for sale


  • Please log in to reply
5 replies to this topic

#1 nimblebear

nimblebear

    Welcome to the Dark Side !

  • Traders-Talk User
  • 6,062 posts

Posted 12 September 2007 - 05:46 PM

This number on Zillow, has gone from 136 awhile back (less than a year) to 240 now. For this area that is a huge number. We have been steady for years, and we didn't see the huges spikes like other parts of the country. We also don't see declines either, or much of a slowdown. This rate of change in inventory seems like prices are going to pressured to decline.

Edited by nimblebear, 12 September 2007 - 05:46 PM.

OTIS.

#2 JAP

JAP

    Member

  • Traders-Talk User
  • 575 posts

Posted 12 September 2007 - 06:08 PM

This number on Zillow, has gone from 136 awhile back (less than a year) to 240 now.

For this area that is a huge number. We have been steady for years, and we didn't see the huges spikes like other parts of the country. We also don't see declines either, or much of a slowdown.

This rate of change in inventory seems like prices are going to pressured to decline.


I live in San Diego. After a "for sale" sign is up for a few weeks, a PRICE REDUCED sign gets added a week or two later.

ARMs will reset... forclosures will increase... inventories will increase... prices come down lower, lower and lower. It is unavoidable.

#3 atlasshrugged

atlasshrugged

    Member

  • TT Patron+
  • 4,409 posts

Posted 12 September 2007 - 06:10 PM

This number on Zillow, has gone from 136 awhile back (less than a year) to 240 now.

For this area that is a huge number. We have been steady for years, and we didn't see the huges spikes like other parts of the country. We also don't see declines either, or much of a slowdown.

This rate of change in inventory seems like prices are going to pressured to decline.


I live in San Diego. After a "for sale" sign is up for a few weeks, a PRICE REDUCED sign gets added a week or two later.

ARMs will reset... forclosures will increase... inventories will increase... prices come down lower, lower and lower. It is unavoidable.


i dropped mine 100k and still cant get any one to call!

#4 ed rader

ed rader

    Member

  • Traders-Talk User
  • 2,390 posts

Posted 12 September 2007 - 06:15 PM

This number on Zillow, has gone from 136 awhile back (less than a year) to 240 now.

For this area that is a huge number. We have been steady for years, and we didn't see the huges spikes like other parts of the country. We also don't see declines either, or much of a slowdown.

This rate of change in inventory seems like prices are going to pressured to decline.



within a 2 mile radius of my home i'd say about 1000 units are still under construction. 400 just at the site of the old del monte cannery (KBR). these hi-density units will hopefully sell for $450k to $750k...i believe.

at least a couple hundred more units are being built by summerhill at the old lou's village restuarant site.

ed rader

"Everybody's got plans... until they get hit."

-- Mike Tyson

http://erader.zenfolio.com/

#5 maineman

maineman

    maineman

  • Traders-Talk User
  • 1,987 posts

Posted 12 September 2007 - 08:19 PM

Ed, Awesome photos.... thanks. What kind of camera do you use? mm
He who laughs laughs laughs laughs.

My Blog -Maineman Market Advice

#6 ed rader

ed rader

    Member

  • Traders-Talk User
  • 2,390 posts

Posted 12 September 2007 - 09:24 PM

Ed,
Awesome photos.... thanks. What kind of camera do you use?

mm


thanx MM -- the first 15 were with the canon 5d and the rest with the canon 30d. i used the 100-400L f4.5 -f5.6 on both cameras. i'm practicing for safari next year in south africa B) !

ed rader

"Everybody's got plans... until they get hit."

-- Mike Tyson

http://erader.zenfolio.com/