On September 20th, real estate agent Matt Lanning posted the following to his blog:
There is a veritable saturation in the market this week of way too many homes. This will last for a couple of weeks, then that will be it, more or less, for the rest of the year. Don’t be fooled into thinking that this stockpile of inventory is a trend. It is a one-time occurrence. And you can quote me on that.
Okay, we will. A couple of weeks have now passed and we’ve been waiting with bated breadth. We know California inventories have since spiked, but what about San Francisco and the Bay Area? Consider this a general “shout out” to all our readers and a request for any and all information on local inventory levels (email: [email protected]).
