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An Insider's Guide to North San Diego County's Coastal Real Estate
Jim Klinge, broker-associate
858-997-3801
klingerealty@gmail.com
Compass
617 Saxony Place, Suite 101
Encinitas, CA 92024
Klinge Realty
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Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!

Jim Klinge
Cell/Text: (858) 997-3801
klingerealty@gmail.com
701 Palomar Airport Road, Suite 300
Carlsbad, CA 92011


Posted by on Nov 10, 2018 in Graphs of Market Indicators, Jim's Take on the Market, Market Conditions, North County Coastal, Rich Toscano | 3 comments | Print Print

Months of Active Inventory

Rich’s latest report is out!

The worrisome spike last month did flatten out, but it does make you wonder if we should adjust our sights.

I agree with Rich that the months of active inventory will probably be rising from now on.  But if the coastal market had 3 or 4 months of active inventory, it wouldn’t be a bad thing.  Rancho Santa Fe is 7+ and doing fine.

Click here for the full report:

https://www.piggington.com/october_2018_housing_data

3 Comments

  1. Speaking of adjusting our sights…..

    Goldman Sachs sees unemployment falling to 3% by early 2020 and wage growth to hit the 3.25 – 3.5% range over the next year or so.

    “Labor market tightness is moving to levels rarely seen in postwar history at the national level, and our analysis of city-level data suggests that such extreme readings typically push inflation notably, not just slightly, higher.” – Jan Hatzius, Goldman Sachs’ chief economist




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  2. Wall Street has been predicting higher wages for about 7 years now and wage growth is higher than its been but much lower than before financial crisis.




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  3. 3.5% increase in wage growth over the next year!!??!?! sweet!!! remind me again how much health care, food costs, and home prices have gone up since the recession?




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