16
Jan
Housing Inventory At Historic Lows
San Diego home
I do believe that the housing inventory is a historical lows.
But it is probably equal to the demand – which currently is close to zero! Anyone who wanted a house – bought a house.
And many of those that want to sell (mid to upper end homes) – can’t.
And currently, in San Diego, there is a very very small net migration in, but very small. This doesn’t produce any kind of meaningful demand for new single family housing.
Sacramento real estate brokers
4
Feb
Housing Demand … Will it Ever Come Back?
The demand for housing will never come back with the same unbridled momentum we saw in the years leading up to the collapse — nor do we want to see it return to such frothy levels. Indeed, foreclosures will continue and I feel very confident the contagion will bleed into commercial markets in coming months.