More here:
https://www.piggington.com/august_2018_housing_data_cooling_market
by Jim the Realtor | Sep 17, 2018 | Actives/Pendings, Jim's Take on the Market, Market Conditions, Rich Toscano | 3 comments
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“We” are seeing it in all “the canary in the coal mine” places. We looked at Sacramento last week. I am seeing inventory starting to pile up in 92397, my personal “canary.”
Minor correction however. Bill McBride at CR hosted/popularized the “months of supply” on his great blog but my recollection was that the ratio was initially from the comments which at that time was populated by some really smart/connected people.
Minor correction however. Bill McBride at CR hosted/popularized the “months of supply” on his great blog but my recollection was that the ratio was initially from the comments which at that time was populated by some really smart/connected people.
I think Rich might have mixed up his blogs there?
If you remember 2006… you weren’t there. 😉