Comments on: The Short Sale Report: Volume 2 – Record 10,000+ Short Sales in Southern California.

By: drhousingbubble

drhousingbubble — Wed, 17 Oct 2007 04:08:00 +0000

Seth,

Sorry about the confusion. Each week is independently tallied. That is, if next week short sales went down, the chart would trend downward. Each week is an independent look at short sale inventory.

Hope this helps and yes, it can go down but won’t since we are only entering the 1st stage of this multi-year housing correction.

By: Seth

Seth — Tue, 16 Oct 2007 21:04:57 +0000

> A healthy market would have decreasing short sales in relation to the entire housing inventory of the area.

I agree 100% with that — all I’m saying is that the graph is misleading (if the number on the graph is cumulative, how can it ever go down ?).

–S

By: Richard

Richard — Tue, 16 Oct 2007 17:57:56 +0000

Thanks for the explanation Dr.

By: drhousingbubble

drhousingbubble — Tue, 16 Oct 2007 05:13:28 +0000

See above response.

By: drhousingbubble

drhousingbubble — Tue, 16 Oct 2007 05:13:06 +0000

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