North Jersey Weekly Inventory Update

Posted on October 18, 2006 by grim

GSMLS – http://www.gsmls.com
(Garden State Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren Counties)

10/11 – 19,084
10/18 – 19,035 (0.3% Decrease)

NJMLS – http://www.njmls.com
(New Jersey Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Passaic Counties)

10/11 – 9,261
10/18 – 9,183 (0.9% Decrease)

MLSGuide – http://www.mlsguide.com
Single Family Homes, Condo, Coop
(Hudson County)

10/11 – 2,787
10/18 – 2,804 (0.6% Increase)

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18 Responses to North Jersey Weekly Inventory Update

  1. SAS says:
    October 18, 2006 at 9:39 pm

    by the tone of this blog lately, the RE bubble is getting too hot under the collar for some because the are coming out of the woodwork.

    As the bubble continues to burst, many will soon discover this site. Come a year, its going to be a war zone on this blog…

    he he…

    I can’t wait.

    SAS

  2. Lindsey says:
    October 18, 2006 at 10:31 pm

    Monmouth and Ocean counties are seeing similar declines though OC seems a bit more volatile. I’ll try to remember to post the numbers tomorrow when I’m in the office.

    Funny SAS, I was starting to notice more wackos here and at Calculated Risk, but I didn’t think of it as a defensive stand. I think you’re right though, the true believers have to step up and try to defend their beliefs, or at least find someone else to blame for their being wrong.

  3. Lindsey says:
    October 18, 2006 at 10:35 pm

    SAS,

    Also, I hope you’re wrong about this becoming a war zone, but as I said, I think you’re right and so the quality of the postings here is likely to start degenerating. I’ve noticed it a bit already. That’s a shame, this has become a great place to let your mind chew over the RE news, and while the bubble proponents dominate, the discussion has remained lively and civil more the most part.

  4. Grim Lies says:
    October 19, 2006 at 1:29 pm

    This site will be gone in a few months the market is not going to crash.

    Now we see inventories going down and sales going up.

    some bubble downturn lasted a few months lol

  5. SAS says:
    October 19, 2006 at 10:42 pm

    “some bubble downturn lasted a few months lol”

    RE bubbles take years to play out.
    We are not out of the woods.

    Check the graphs and see for yourself.
    yes?

    SAS

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