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It's true. Andrew's prediction (which I shared), didn't come to pass. The market is far from fundamentals.
It's your prediction as you signed off on it.
Sorry, but saying record inventory when the opposite happened is an epic failure. Blaming the fundamental just demonstate your incompentence as it should be accounted for.
Greg: You should sell your house now before inventory floods the market
Seller: ok
Seller 3 months later: What happended to the flood of inventory you talked about? I sold too early.
Greg: Market is not following fundamentals
Seller: WTF does that mean? Not following fundamentals, seriously?
Hey, Greg got his take. From his perspective it was a slam dunk. Cha-Ching
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Here’s a bold prediction: There will be a record number of new listings in San Francisco this September.
Why? Simple: It’s an unbelievably good time to sell real estate.
http://bayarearealestatetrends.com/2012/09/07/dear-san-francisco-property-owners-its-an-unbelievably-good-time-to-sell/
#housing