update san diego

mal wieder ein update von von bob casagrand der die lage ungeschminkt wiedergibt.
http://realtytimes.com/rtmcrcond/California~San_Diego~bobcasagrand

highlights:

July 2006: San Diego Housing Market - single family attached & detached homes:

Homes sales continue to decline, sales for July were 2,396 versus 3,779 for last July. This is a drop of 37% from last year and a 19% decline from this June. July Pending sales were a dismal 2,310, which is a predictor for a continuing decline in home sales. The sales in August 2005 were 3,927 and it looks like we will come in 35% to 40% below this level.

While we are on track to sell 30,000 homes this year, I believe that the continuing erosion of sales makes it likely that home sales will be below the 30,000 level. The inventory at the end of July was 22,919; this is almost a 10 month supply of homes and an increase of almost 1,000 homes in the month.

Approximately 65% of this year listings have gone off market by expiring, cancelling or being withdrawn, approximately 90% of those re-list and are put back on the market. In seller market years the expired, cancelled and withdrawn listings represented about 8.5% of the listings. I think this gives us some idea on how long it is taking to sell homes.

das ganze hört sich irgendwie nicht so wohlwollend und verhamrlosend an wie die üblichen pressemitteilungen der nar oder car, oder(vereinigungen der immobilienmakler auf landesebene und in californien) ?

riecht nach ner explosion von zwangsversteiegrungen und dramatisch fallenden preisen.

gruß
jan-martin