Sunday, May 3, 2009

April inventory charts

These are pretty self-explanatory. Santa Monica <$3M and Pacific Palisades <$2M inventories are extremely high.


Anonymous said...

Very interesting. Santa Monica and Pacific Palisades inventories are through the roof, at all-time highs and getting worse. Meanwhile Mar Vista inventory is easing.

What explains the difference? Mar Visa is further along the correction for the Bubble. Santa Monica and PP are still Bubble priced. Until they start correcting for the Bubble, there will be no sales. Try explaining that to a Realtard.

Anonymous said...

Nobody in Mar Vista has any equity...therefore they won't sell...depressing inventory. said...

You Made Some Good Points here on this topic. I Did a Search on the Topic and Found Most People Will Agree with Your Words. Thank You!