California Inventory Jumps from 3.8 Months to 5.8 Months in January – Total California Housing Inventory 154,000 Homes. How Many Homes are in Mortgage Limbo and Don’t Show up in These Stats? If we take Distress Data About 793,000 Homes.
Rarely do we ever see an actual total inventory report for California because this would require a count of each county in the entire state. I try to track all this data in a spreadsheet since obviously the most important item we have in measuring California real estate is the actual quantity of homes we [...]
San Francisco Rent versus Buying? In Northern California you’d be Foolish to Buy. Examining the Bay Area Housing Market and Opportunity Cost of Buying a Home.
There are few housing markets in the world that rival the ups and downs of California. You would be hard pressed to find any other area with a proliferation of mortgages like option ARMs that defy any sensible notion of financial prudence. Yet many areas in California like the Central Valley for example have corrected [...]
California Housing Inventory – 3.8 Months of Inventory if we only look at Public Data. The Financial Math behind California Home Prices and Artificially Low Inventory. Distress Inventory Still Dominating Market.
For a state like California getting an accurate figure on total inventory is always a challenge just because of the size of the state. Throw in the large amount of inventory that is held off view from the public and it is hard to get an accurate figure of what is out there. As of [...]