Saturday, December 22, 2007

WTF

Don't mean to steal the Irvine Housing Blog's schtick here, but it is immensely fascinating to look at SoCal real estate listings. The quantity of properties on the market, the absurd prices/appreciation rates that people seem to believe they're entitled to, etc.

And, hey, whatever price they can get, but there's 13+ months worth of inventory in that area.