It's October ...So where are the doomsayers now, saying that we'll get a flood of housing inventory due to the layoffs?

Last week's inventory numbers are LOWER than end of June (peak month). Wrong again, doomsayers. I guess people in a better financial situation are doing just fine.

Real statistics and data here, no bullshit.

http://www.sdlookup.com/Market-92010-Carlsbad

http://www.sdlookup.com/Market-92008-Carlsbad

http://www.sdlookup.com/Market-92009-Carlsbad (below May 2015)

http://www.sdlookup.com/Market-92130-Carmel_Valley

http://www.sdlookup.com/Market-92014-Del_Mar

http://www.sdlookup.com/Market-92024-Encinitas

http://www.sdlookup.com/Market-92007-Cardiff

Oh and some of our favorites... POWAY!!!

http://www.sdlookup.com/Market-92064-Poway : inventory down to June (peak month) too... Why not? Most managers/directors/senior staff nerds didn't get laid off. Just the low level entry grunts that probably rent right now anyway.

It must be pretty depressing for those of you non-Qualcomm people hoping for a big real estate crash before you can possibly afford to own, not seeing prices crater 40+% like you had hoped. Wrong again. It still sucks to be you!

Comment! It's anonymous!

6 replies (most recent on top)

Wait. wait. wait. wait. i'll fing wait for prices to drop until i retire. and i'll spend my whole fing miserable life renting. wait, wait, wait.

Wait until the severance runs out numb nuts.

Wait until next June. The January layoff round will let go people in March. Families won’t put their house on the market until kids are out of school. So, if you want choices, wait for next June.

The layoff doesn't officially start until November. Most people will receive GTFO packages and accrued vacation equal to several more months. Any effect the layoffs would have on local housing would not be felt until well into next year.

Hey @bitterrenter, good morning.. Don't be late to your dayshift at McDonald's...Get moving!

yawn, @bitterbrokenrecord. i'm not sure why you are so defensive to attack some ridiculous argument about layoffs affecting a large market, especially before anybody is unemployed! only that doomsayer idiot thinks people are going to panic sell their million dollar crapshack preemptively. still wouldn't want to live up in that north county bubble though.

Thread regarding Qualcomm Inc. layoffs

It's October ...So where are the doomsayers now, saying that we'll get a flood of housing inventory due to the layoffs?

6 replies (most recent on top)

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