Inventory keeps ticking up!

The CHOPS hsve not come home for XMAS..The rally in the Stock Market is keeping hopes high

Local Hamptons brokerage Town & Country Real Estate has released its 4th quarter market report and it looks like ’09 ended with a nice little pop: 47% increase in overall sales from '08 to '09, with median prices rising over 12%.

Looks like you may be missing the boat here. I'm back in!

limstone, you posted the same bullshit on every thread, get over yourself. Prices will decline another 50% over the next 2-4 years, just be patient (unless you already own or are a broker which is what it sounds like).

NYC10013 On the Money Limmer is a shill CHOPS Coming MANHATTAN CONDOS SLIDING Again

WHEN STOXX FALL L O O K O U T !!

I looked at inventory in Bridgehampton off this web site and there are currently something like 392 homes for sale . Admittedly a few are multiple lisitngs of the same house but not in the main. Average number of houses sold in 08 /09 was 80 odd. So even if assume a 30% uplift in number of sales, in theory about 3 years plus of supply or am i wrong somewhere..

Also in terms of new inventory coming to market, do you think it hits nowish ahead of expected buyers post bonus + weather improving , ahead of summer?