Author Topic: Low inventory?  (Read 43927 times)

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Offline zubs

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Re: Low inventory?
« Reply #165 on: February 06, 2013, 10:26:07 AM »
Wait a min!  I thought the Bernanke said he would use the full power of the fed to hold interests low atleast until 2015.  So you're saying that the Bernanke with the full power of the fed will not be able to hold interest rates at 3% for 2 more years?

You are betting against US government policy?  If Romney had won, maybe the interest rates would creep up, but we got the other guy.  How long has Japan been at 2% interest rates?  15 years?


Offline Homer_Simpson

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Re: Low inventory?
« Reply #166 on: February 20, 2013, 07:19:00 AM »
Are the inventory levels still pretty low?
#FARM

Offline irvinehomeowner

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Re: Low inventory?
« Reply #167 on: February 20, 2013, 09:45:45 AM »
Are the inventory levels still pretty low?
Yep... according to the IHB ZipRealty chart, 211.
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Offline Cubic Zirconia

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Re: Low inventory?
« Reply #168 on: February 20, 2013, 09:59:22 AM »
Are the inventory levels still pretty low?
Yep... according to the IHB ZipRealty chart, 211.

That doesn't count pending sales ;-)
USC and IR will come up with a better number.
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Offline USCTrojanCPA

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Re: Low inventory?
« Reply #169 on: February 20, 2013, 10:49:49 AM »
Are the inventory levels still pretty low?
Yep... according to the IHB ZipRealty chart, 211.

That doesn't count pending sales ;-)
USC and IR will come up with a better number.
There are 208 active listings in Irvine as of 10:30am today.
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Offline JasonTheArtist

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Re: Low inventory?
« Reply #170 on: February 20, 2013, 01:59:34 PM »
Isn't there usually a spike in inventory in the summer time?
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Offline irvinehomeowner

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Re: Low inventory?
« Reply #171 on: February 20, 2013, 02:03:23 PM »
Isn't there usually a spike in inventory in the summer time?
Usually... but no real big one last summer. Inventory has been slowly dwindling since mid 2011.
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Offline JasonTheArtist

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Re: Low inventory?
« Reply #172 on: February 20, 2013, 02:18:30 PM »
Isn't there usually a spike in inventory in the summer time?
Usually... but no real big one last summer. Inventory has been slowly dwindling since mid 2011.

With Heritage fields, Cypress village, Portola springs, and the rest of Stonegate, as well as surrounding cities' (Rancho Mission Viejo) communities releasing new homes this summer, I would think this summer is going to have a high number.
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Offline USCTrojanCPA

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Re: Low inventory?
« Reply #173 on: February 28, 2013, 10:59:40 PM »
Isn't there usually a spike in inventory in the summer time?
Usually... but no real big one last summer. Inventory has been slowly dwindling since mid 2011.

With Heritage fields, Cypress village, Portola springs, and the rest of Stonegate, as well as surrounding cities' (Rancho Mission Viejo) communities releasing new homes this summer, I would think this summer is going to have a high number.
Those homes better get the to market fast because we are back down to 190 active listings as of today (down from about 220 about 3-4 weeks ago). 
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Offline Homer_Simpson

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Re: Low inventory?
« Reply #174 on: March 14, 2013, 08:57:30 AM »
Has the inventory blipped upwards yet?
#FARM

Offline Cubic Zirconia

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Re: Low inventory?
« Reply #175 on: March 14, 2013, 09:15:26 AM »
198, as per IHB. USC and IR know the exact number..
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Offline irvinehomeowner

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Re: Low inventory?
« Reply #176 on: March 14, 2013, 10:30:25 AM »
As soon as homes hit the market, others get sold.

Too many buyers out there before we see a significant uptick in inventory numbers. This last 2 years or so of dwindling inventory has built up a backlog of demand, even new homes sales are moving through phases quicker than before.

Other than high unemployment, with the Dow breaking records, feels very familiar.
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Offline Liar Loan

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Re: Low inventory?
« Reply #177 on: March 14, 2013, 10:42:57 AM »
As soon as homes hit the market, others get sold.

Too many buyers out there before we see a significant uptick in inventory numbers. This last 2 years or so of dwindling inventory has built up a backlog of demand, even new homes sales are moving through phases quicker than before.

Other than high unemployment, with the Dow breaking records, feels very familiar.

That's a great observation.  Not many people were talking about the lack of inventory 2 years ago, but it was already happening back then.  We started looking in June 2010 after the tax credit expired.  There was more inventory than now, but so much of it was distressed / flawed / fixer-upper stuff that it really didn't feel like much to choose from even back then.

Offline gld2

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Re: Low inventory?
« Reply #178 on: March 14, 2013, 10:44:03 AM »
feels very familiar before the crash??? ::)

Other than high unemployment, with the Dow breaking records, feels very familiar.

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Offline Homer_Simpson

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Re: Low inventory?
« Reply #179 on: March 14, 2013, 11:04:22 AM »
feels very familiar before the crash??? ::)

Other than high unemployment, with the Dow breaking records, feels very familiar.

Yeapppppppp
#FARM

 

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