Wednesday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here.
Off-topic comment? Interesting link?
Head over to the forums, or click here for open threads.
Head over to the forums, or click here for open threads.
6 comments:
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.
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!
"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....
Argh. Grivetti and I are sharing the same brain today, apparently....
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.
I thought that readers of this blog might be interested in knowing that Trilogy (a retirement community in Redmond, WA) is now offering a number of inducements for home buyers. As far as I know, this is the first time that they have offered such generous inducements.
AD
Dear Arthur,
Our Holiday Gift to You - No Payments Till July 2007
Season's Greetings from Trilogy at Redmond Ridge. As an early gift to you, we are offering no payments for six months PLUS incredible savings on select Designer Homes closing by December 31, 2006. With these homes, you can move to Trilogy by the holidays and enjoy a great style of living now! Visit Trilogy today and take advantage of this limited time offer.*
For more information, please call 1-866-407-1832.
Trilogy at Redmond Ridge
Trilogy is a true sanctuary for life and exploration. Just minutes from Seattle, this magnificent resort community celebrates the splendors of nature, providing the ideal setting to pursue wellness, inspiration and personal growth. The centerpiece of the community is the Cascade Club with cyber cafe, indoor swimming pool, indoor running/walking track, state-of-the-art athletic club, spa retreat and more. Right outside is the 18-hole world class golf course designed with an emphasis on enjoyment and playability for all skill levels. When it comes to living life and living it well, nothing compares to Trilogy.
Happy Holidays,
Richard Obernesser
Area Vice President
Trilogy at Redmond Ridge
Post a Comment