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Anybody know the current inventory levels in Santa Clara County?
invite response
2010 Jan 17, 2:40pm 1,329 views 3 comments
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For Sunnyvale, homes in some state of foreclosure (NODs, NOTS, bank owned) stood at 265 in September. Currently pent up supply (NODs, NOTS, bank owned) stands at 287 homes. Not what I would call a positive trend.
toothfairy
2010 Jan 18, 11:12pm
where are you seeing that? I punched in Sunnyvale in E-man's spreadsheet and the trend is the same. inventory is down 60%
My data source is, without a doubt, noisy. However, I have found it good for tracking general trends. And the trend is "increasing pent up supply" -- especially in Fortress areas. I don't follow the South Bay enough to know if Sunnyvale would qualify as Fortress Bay Area, (more likely Santa Clara proper? And Crapertino?) On a side note, you can use Realty Trac (for free) and get the sq. footage for a property. Then bring up Zillow to zero in on a specific property by matching the area.
EBGuy wants to see a different outcome.
I would be more than overjoyed if the economy turned around and my house held its current (ridiculous) value. I still think there are, at the very least, a lot of government jobs to be shed before we turn the corner. Is everybody ready for the Superbowl? Here comes the Coalition of Willing...
I was looking on redfin, and the number of houses for sale, versus number sold chart didn't seem right to me. It showed that number of houses sold is more than number for sale which makes no sense to me.
I am trying to find another data point but am not having luck finding anything recent. Any advise on where to get this data.
Chris