Here's an inventory update -- the statistics are from Virginia MLS. It's a little quirky -- I read it from right to left. It begins in March 2005 and ends on September 20, 2010. I included September 20th to show the jump from the beginning of this month.
Here's the link to the whole spreadsheet.
Saturday, September 25, 2010
Current Available Inventory
Posted by Harriet at 8:27 PM
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5 comments:
Yes, we are creeping up. We are still way off the worst and looking at 2005 numbers which were on the low side (to say the least). Summer of 2005 is when the inventory started going up big time.
This will take time to determine whether we have a problem. The really low inventory of 2008 and 2009 was caused by investors and others jumping on the bargains; as well as first-timer's going for the 8K.
Did you get the house? Or was it someone else that wrote an offer?
Whoops, meant for jeremy on the previous thread.
http://franklymls.com/DC7346853
sells for 165K assessed at 289K
40% down.
Va_Investor:
I updated Wednesday's thread - we didn't get it. Didn't want to sidetrack another thread with all the details. There are two new open houses today that look promising though. We're leaving soon to look at those and to start making a list of all the immediate home related expenses we'll have once we buy - lawn mower, ladder, rake, shovel, etc.
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