Monday, September 04, 2006

Sacramento Area House Listings Inventory For September 2, 2006

Inventory levels are officially in decline in the Sacramento Region:

Even the usual Saturday jump wasn’t enough to offset the end-of-the-month decline. If this trend is anything like last years, we should see a steady decline until January 2007. Pending sales also held the line at 7% of total listings:

Flippers continued desperately to try to prevent losses, as their positions bunched up against the 0-25% gain mark:

This deterioration is also reflected in the flipper market share graphs. Flippers are reducing their overall market holdings, and those unable to do so are getting into trouble:

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