Wednesday, October 04, 2006

2705 Homes on MLS This Week

Last week the count was 4764.

I think the decrease was mostly due to the normal end of the month data purge. Still, I wouldn't be surprised if inventories decrease slightly as we go into the holidays and then pick up again in January.


Anonymous Anonymous said...

Do you have raw land that you would like to sell?
Are you stuck in the subdivision process?
We buy land. Quick Closing.

Thursday, October 05, 2006 12:34:00 AM  
Anonymous Anonymous said...

And all of those 2705 homes are still over priced. Some bubble.

Thursday, October 05, 2006 7:47:00 AM  
Anonymous Anonymous said...

NO !
If you think logically about it, some have just taken their obnoxious over priced shacks off the market out of frustration.

Their cheap Home Depot Flowers in the front yard have turned into Halloween straw. And their "Sell this House" video gimmics didn't work. (Buyers seen same techniques) Sorry Quick Buckaroos!
Party is over....

Thursday, October 05, 2006 7:52:00 AM  
Anonymous Anonymous said...

Give it up already, you bubble heads!
There is no bubble.
The fed will not allow that to happen.
If anything the prices will remain steady until inflation catches up.
Your wishing for something that will never happen!
The economy is great and people are making more money that ever, give it up!

Thursday, October 05, 2006 10:31:00 AM  
Anonymous Anonymous said...

NO-You give it up already!

Judging by your stale comment on the economy, you sound like a typical MAGOT-MINDED MTV socialite who believes the all BS.
Also it is pathetic that you have to rely on the "Feds" as you call them to protect you from yourself!

Its shxtheads like you who are in a dream world of plastic wealth!

Personally I would NEVER MAKE A PERSON LIKE you rich off my money.

I guess some of my comments really hit home! GOOD! I guess you have to run back to the store and buy more flowers..... you should thank me!

Thursday, October 05, 2006 11:05:00 AM  
Blogger njcoast said...

It's official- Asbury Park Press Online reports Kara Homes to file Chapter 11 bankruptcy. First Dwek and now Kara Homes. So far Dwek has found 19 greater fools to buy his properties - only 331 more to go! How many GF's will Kara Homes need?

Thursday, October 05, 2006 11:45:00 AM  
Anonymous Anonymous said...

Do you mean all those airplanes with Kara banners flying over the beach didn't work?
Now the Fed needs to give the housing market a nice kick in the ass with a 1% increase. Forget the 025% b.s. Save our dollar and scare the crap out of the greedy sellers/ realtors.

Thursday, October 05, 2006 3:21:00 PM  
Anonymous Anonymous said...

The size of the dip surprised me, I even thought that a small part of the Monmouth Ocean MLS system went down, but as the declines haven't suddenly snapped back I think the dropoff is real and only partly related to the normal end of month activity.

As Anon 7:52 a.m. put it, some sellers may have left the market out of frustration. It is worth noting that the E MOn. MLS that you track dropped further and has stayed down more than the other two MOnmouth MLS's and Ocean Cty's.

I think we're going to get past the year's highs that were hit at the end of September later this month and maybe even edge them out for a short time in November before the December decline takes hold.

YOY for September (measured on the 19th) inventory was roughly 63% higher than 05.

Based on the recently released ACS, roughly 5 percent of the owner occupied homes in the Monmouth County are for sale.


Thursday, October 05, 2006 7:12:00 PM  
Anonymous Anonymous said...

Only a fool, at this point, would believe in a spring recovery for this dying market. I'm not buying until 2008.

Thursday, October 05, 2006 9:38:00 PM  

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