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Housing inventory starts to grow again...

By Heraclitusstudent following x   2018 Sep 24, 5:52pm 1,250 views   5 comments   watch   nsfw   quote     share    


Rats starting to leave the ship?


But inventory is still incredibly low...


Home sellers slash prices, especially in California:
https://www.cnbc.com/2018/09/20/home-sellers-are-slashing-prices-especially-in-california.html
1   Heraclitusstudent   ignore (2)   2018 Sep 24, 5:54pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Thank you Trump, for the higher mortgage rates and higher CA real estate taxes!
2   FortWayne   ignore (4)   2018 Sep 24, 5:56pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Thank you Democrats for housing shortages... assholes
3   Evan F.   ignore (0)   2018 Sep 24, 6:02pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Increased inventory = shortage?
4   mell   ignore (2)   2018 Sep 24, 6:03pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Definitely seeing changes everywhere, incl. former hotbeds such as the bay area. More inventory, sellers slashing prices, houses don't sell way above asking anymore and stay longer on the market. Watch the short housing ETFs such as SRS.
5   FortWayne   ignore (4)   2018 Sep 24, 6:07pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Cost of housing is very high in CA.

Evan F. says
Increased inventory = shortage?

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