The seasonal inventory build is underway. It's going to be hard to get much pricing traction with inventory still too high. Any strength is going to be met by higher listings sapping pricing power.
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See the Ballard home that went 10% over2 days ago
About Me
- BingoBob
- Having met with success at calling various markets I thought it would be fun to launch these ideas in a public forum. I try to take advantage of over 25 yrs active trading experience, as well as, my prior experiences on; as a CPA on Wall Street, as a Stock Broker with Merrill, and, as the Trustee of a Retirement Plan. In addition, I have been the Senior Financial Executive for a diverse Real Estate Company involved in acquiring & developing Raw Ground, Single & Multi Family properties, Commercial projects and Real Estate Brokerage. Forecasting the unknowable is a wonderful challenge. I hope you like the blog.
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