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Sunday, November 29, 1981

Wednesday Open Thread

This is your open thread for today. Please post random links and off-topic discussions here.

6 comments:

meshugy said...

King county Inventory stands at 2.8 months supply and dropping fast (was 2.9 last month). With median prices rising and inventory dropping, I don't think we can characteristic the market as anything other then a sellers paradise. Perhaps it will slow down sometime next year, but it's clear the market has shown little, if any signs of weakness.

Matt Rivett said...

Me's loves the Shug's periodic "turds in the punchbowl"...

King county Inventory stands at 2.8 months supply and dropping fast (was 2.9 last month).

dropping fast... hmmm...

Shall we sit down for a little math lesson mmmmkay?

fast, is characterized in the physics world as a 'rate of descent' which connoates acceleration the derivative of velocity... in order for one to take a 'derivative' you have to have a curve/function/discrete data set, which is usually a series of points over a time epock. Even armed with your handy derivative, you can merely only 'extrapolate' with a curve fit of a likely function e.g. logarthmic, exponetial (right tab excell for more curve-fit fun)for future epochs.

As King of the MOM reporting, unless you actually perform said derivative and curve fit for inventory listings, can you statistically say 'fast'...?

e.g. Math skills in public schools are continuing to drop and WASL math scores are falling fast!

MisterBubble said...

"King county Inventory stands at 2.8 months supply and dropping fast"

So, what's the rate of the drop, Meshugy?

Since you're sure that inventory is dropping "fast," you obviously know the rate, yes? But here's what I can't figure out: if you know the rate, why do you use meaningless descriptions like "fast," instead of simply stating something factual?

Puzzling. Truly puzzling....

MisterBubble said...

Argh. Grivetti and I are sharing the same brain today, apparently....

PugetHouse said...

Meshugy,

If you must cram the market into a myopic pigeonhole, I suppose "sellers' paradise" adequately expresses the miserable lot of first-time buyers.

IMHO, this forum is valuable as an alternative to such coarse platitudes.

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