Comments on: Poll: Where will King County SFH Months of Supply max out? http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/ News & discussion about real estate & the housing bubble in the Seattle area. Sat, 21 Nov 2009 10:02:55 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Alan http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62529 Alan Mon, 15 Dec 2008 23:57:49 +0000 http://seattlebubble.com/blog/?p=3599#comment-62529 How about another poll... where will the KC SFH inventory bottom out? It is sort of like the DOW prediction poll several months back, but with higher numbers.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62529','Alan',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62529','Alan','How about another poll... where will the KC SFH inventory bottom out?\r\n\r\nIt is sort of like the DOW prediction poll several months back, but with higher numbers.',''); return false;">Quote</a></div> How about another poll… where will the KC SFH inventory bottom out?

It is sort of like the DOW prediction poll several months back, but with higher numbers.

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]]> By: patient http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62266 patient Mon, 08 Dec 2008 19:18:43 +0000 http://seattlebubble.com/blog/?p=3599#comment-62266 It's what has been said here over and over again, you can't keep favouring irresponsible homeowners before the rest of the population. It's all lobbyist initaiated corrupted toxic garbage. I'm glad to see that the latest rumours from washington seems turn away from that and is now more focused on actions that favours all, as lower interest rates and generic stimulous. Revovery and re-instated financial strength for this country needs to go through lower home prices not by trying to sustain a bubble economy.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62266','patient',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62266','patient','It\'s what has been said here over and over again, you can\'t keep favouring irresponsible homeowners before the rest of the population. It\'s all lobbyist initaiated corrupted toxic garbage. I\'m glad to see that the latest rumours from washington seems turn away from that and is now more focused on actions that favours all, as lower interest rates and generic stimulous. Revovery and re-instated financial strength for this country needs to go through lower home prices not by trying to sustain a bubble economy.',''); return false;">Quote</a></div> It’s what has been said here over and over again, you can’t keep favouring irresponsible homeowners before the rest of the population. It’s all lobbyist initaiated corrupted toxic garbage. I’m glad to see that the latest rumours from washington seems turn away from that and is now more focused on actions that favours all, as lower interest rates and generic stimulous. Revovery and re-instated financial strength for this country needs to go through lower home prices not by trying to sustain a bubble economy.
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]]> By: patient http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62265 patient Mon, 08 Dec 2008 19:09:24 +0000 http://seattlebubble.com/blog/?p=3599#comment-62265 You just have to give these "experts" some time and a couple of hundred billions to burn first and they also will come to realize what common bloggers said from the start: Snippet fom sf_boomerang's link "The new data raise questions about whether government money may be better spent on creating jobs, rather than averting foreclosures, said John Reich, director of the federal Office of Thrift Supervision office"<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62265','patient',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62265','patient','You just have to give these \"experts\" some time and a couple of hundred billions to burn first and they also will come to realize what common bloggers said from the start: Snippet fom sf_boomerang\'s link\r\n\r\n\"The new data raise questions about whether government money may be better spent on creating jobs, rather than averting foreclosures, said John Reich, director of the federal Office of Thrift Supervision office\"',''); return false;">Quote</a></div> You just have to give these “experts” some time and a couple of hundred billions to burn first and they also will come to realize what common bloggers said from the start: Snippet fom sf_boomerang’s link

“The new data raise questions about whether government money may be better spent on creating jobs, rather than averting foreclosures, said John Reich, director of the federal Office of Thrift Supervision office”

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]]> By: sf_boomerang http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62263 sf_boomerang Mon, 08 Dec 2008 18:27:58 +0000 http://seattlebubble.com/blog/?p=3599#comment-62263 Looks like those distressed sales aren't going to stop piling up any time soon: http://news.yahoo.com/s/ap/20081208/ap_on_bi_ge/financial_meltdown<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62263','sf_boomerang',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62263','sf_boomerang','Looks like those distressed sales aren\'t going to stop piling up any time soon:\r\n\r\nhttp:\/\/news.yahoo.com\/s\/ap\/20081208\/ap_on_bi_ge\/financial_meltdown',''); return false;">Quote</a></div> Looks like those distressed sales aren’t going to stop piling up any time soon:

http://news.yahoo.com/s/ap/20081208/ap_on_bi_ge/financial_meltdown

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]]> By: joness http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62262 joness Mon, 08 Dec 2008 17:06:22 +0000 http://seattlebubble.com/blog/?p=3599#comment-62262 Here's a link to a fun chart where you can see Seattle median price compared to Case-Schiller. It does a good job of demonstrating the lag-effect in Seattle and leaves me with the impression things around here need to get further reduced to come into line with the rest of the nation. http://www.nytimes.com/interactive/2008/10/28/business/20080624_HOUSING_GRAPHIC.html<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62262','joness',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62262','joness','Here\'s a link to a fun chart where you can see Seattle median price compared to Case-Schiller. It does a good job of demonstrating the lag-effect in Seattle and leaves me with the impression things around here need to get further reduced to come into line with the rest of the nation.\n\nhttp:\/\/www.nytimes.com\/interactive\/2008\/10\/28\/business\/20080624_HOUSING_GRAPHIC.html',''); return false;">Quote</a></div> Here’s a link to a fun chart where you can see Seattle median price compared to Case-Schiller. It does a good job of demonstrating the lag-effect in Seattle and leaves me with the impression things around here need to get further reduced to come into line with the rest of the nation.

http://www.nytimes.com/interactive/2008/10/28/business/20080624_HOUSING_GRAPHIC.html

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]]> By: stephen http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62261 stephen Mon, 08 Dec 2008 15:26:50 +0000 http://seattlebubble.com/blog/?p=3599#comment-62261 I would think that almost all informed folks who want to buy are waiting unless they can find a great deal on a distress sale. These number will likely get really high until it's OK to go back into the water.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62261','stephen',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62261','stephen','I would think that almost all informed folks who want to buy are waiting unless they can find a great deal on a distress sale. These number will likely get really high until it\'s OK to go back into the water.',''); return false;">Quote</a></div> I would think that almost all informed folks who want to buy are waiting unless they can find a great deal on a distress sale. These number will likely get really high until it’s OK to go back into the water.
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]]> By: Alan http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62256 Alan Mon, 08 Dec 2008 09:11:15 +0000 http://seattlebubble.com/blog/?p=3599#comment-62256 Are those MOS numbers calculated using Pendings or Closings? Because based on closings, King County MOS was around 11 in November.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62256','Alan',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62256','Alan','Are those MOS numbers calculated using Pendings or Closings? Because based on closings, King County MOS was around 11 in November.',''); return false;">Quote</a></div> Are those MOS numbers calculated using Pendings or Closings? Because based on closings, King County MOS was around 11 in November.
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]]> By: +veLooker http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62249 +veLooker Mon, 08 Dec 2008 02:39:04 +0000 http://seattlebubble.com/blog/?p=3599#comment-62249 New Homes is redmond are being priced much lower than those listed on the website. Dont be afraid to quote 25% below the list Price. Sellers are just waiting to have atleast 1 or 2 sales each month based on my experience.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62249','+veLooker',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62249','+veLooker','New Homes is redmond are being priced much lower than those listed on the website.\r\n\r\nDont be afraid to quote 25% below the list Price. Sellers are just waiting to have atleast 1 or 2 sales each month based on my experience.',''); return false;">Quote</a></div> New Homes is redmond are being priced much lower than those listed on the website.

Dont be afraid to quote 25% below the list Price. Sellers are just waiting to have atleast 1 or 2 sales each month based on my experience.

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]]> By: The Tim http://seattlebubble.com/blog/2008/12/07/poll-where-will-king-county-sfh-months-of-supply-max-out/#comment-62244 The Tim Sun, 07 Dec 2008 22:16:40 +0000 http://seattlebubble.com/blog/?p=3599#comment-62244 If you don't know what "Months of Supply" means, <a href="http://seattlebubble.com/blog/2008/02/16/2007-neighborhood-months-of-supply-breakdown/" title="2007 Neighborhood Months of Supply Breakdown" rel="nofollow">refer to this post for a full explanation</a>. Also, for anyone that's interested, here's the trend of MOS from 2000 through the present in bar form: <a href="http://seattlebubble.com/blog/wp-content/uploads/2008/12/kingcosfhmos.jpg" rel="nofollow"><img src="http://seattlebubble.com/blog/wp-content/uploads/2008/12/kingcosfhmos-tn.jpg" /></a> And here's the same data, in line format. <a href="http://seattlebubble.com/blog/wp-content/uploads/2008/12/kingcosfhmos-line.jpg" rel="nofollow"><img src="http://seattlebubble.com/blog/wp-content/uploads/2008/12/kingcosfhmos-line-tn.jpg" /></a><div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('62244','The Tim',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('62244','The Tim','If you don\'t know what \"Months of Supply\" means, <a href=\"http:\/\/seattlebubble.com\/blog\/2008\/02\/16\/2007-neighborhood-months-of-supply-breakdown\/\" title=\"2007 Neighborhood Months of Supply Breakdown\" rel=\"nofollow\">refer to this post for a full explanation<\/a>.\n\nAlso, for anyone that\'s interested, here\'s the trend of MOS from 2000 through the present in bar form:\n\n<a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/12\/kingcosfhmos.jpg\" rel=\"nofollow\"><img src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/12\/kingcosfhmos-tn.jpg\" \/><\/a>\n\nAnd here\'s the same data, in line format.\n\n<a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/12\/kingcosfhmos-line.jpg\" rel=\"nofollow\"><img src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/12\/kingcosfhmos-line-tn.jpg\" \/><\/a>',''); return false;">Quote</a></div> If you don’t know what “Months of Supply” means, refer to this post for a full explanation.

Also, for anyone that’s interested, here’s the trend of MOS from 2000 through the present in bar form:

And here’s the same data, in line format.

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