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Seattle Bubble Forum Archive • View topic - Are inventory numbers going thru the roof this month?

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Are inventory numbers going thru the roof this month?

Anything and everything relating to Seattle-area real estate.

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Bjeezus

Postby george » Thu May 31, 2007 6:28 pm

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Postby RedHotLama » Fri Jun 01, 2007 7:32 am

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Postby Alan » Fri Jun 01, 2007 5:09 pm

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Postby deejayoh » Sun Jun 03, 2007 5:33 pm

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Postby mike2 » Sun Jun 03, 2007 7:33 pm

It really might be different this time. People aren't pulling homes off the market trying to wait out the downturn.

One thing that was very different at the 1989 peak from the one in 2006 was the trend in the number of homes being offered for sale. When prices peaked in 1989, the number of homes for sale was already declining, and it continued to fall for some months, perhaps reflecting decisions by homeowners to hold on and wait for prices to come back.

http://www.nytimes.com/2007/06/02/busin ... ref=slogin
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