Monday, December 24, 2007

Sacramento Regional Real Estate Trends for December 22, 2007

Just the graphs m'am. Happy holidays!


Anonymous said...

Maybe it's too early to say, but it sure looks like the shape of the inventory reduction this year is much more horizontal. In other words, maybe not as big of a vertical inventory drop as last year going into January? If so, this is a very, very disturbing development and bodes poorly for the spring season. Are we close to seller capitulation? Me thinks yes.

Anyway, I wanted to thank you Max, and AB for the great blog and Merry Christmas to you both!

Perfect Storm said...

Inventory appears to be significantly higher than last year at this time. This spring is sure to bring a new flood of homes on the market as the credit market goes into death spasms.

Housing/Mortgage Doom 2007.

Foreclosure Hell 2008

Were right on track for a 50% decline by 2009.

Gwynster said...

I just did a search on Zip on Xmas eve and sure enough, new 22 listing came up under my criteria. Normally I see 7 or 8 so someone is hoping to beat the superbowl rush - lol.

The total inventory under my search is now 113. It was between 103 and 107 all summer and fall. Not a huge bump but still interesting.

Anonymous said...

Excellent site. I really like your graphs. If I may ask, what software do you use to create your graphs?