Feb 27 2010
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 [...]
Oct 22 2009
California Housing Inventory Mystery: 206,000 Homes on MLS but is the Real Inventory 412,000 or closer to 618,000?
It is probably one of the least desirable tasks to undertake but if we are to understand the California housing market we need to look at the entire state current inventory level. Now having access to the MLS gives us a general sense of the overall number of homes on the market but it does [...]