Our friend Rich Toscano has his latest San Diego housing analysis here:
https://piggington.com/october_2017_housing_data
In spite of record prices, the inventory has been setting recent lows:
Yet, sales have been mostly better than every year since the Frenzy of 2013!
Fewer homes for sale but more sales?
Are sellers doing better to improve their homes before selling, or are buyers so desperate that they are buying crap they wouldn’t have bought during the last couple of years just purely because of the scarcity?
Full report here:
Sometimes, things get so weird that the only thing that makes any sense is keeping your foot on the gas…
https://www.youtube.com/watch?v=_I-YPXCzjsQ