Financial Freedumb and Brownie

My Home: A series about the home buying process through the eyes of a first time home buyer.

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I’ve been receiving daily email updates on the housing market in Hawaii through a site called PrudentialLocations.com, and recently, I’ve noticed a sharp decline in the number of updates I’ve been receiving.  By sharp, I mean just last month I saw about 4 or 5 houses per daily update, this month it’s dropped to 1, if even that.  Some days I don’t even get an update.  These updates include changes in status (new to market, ACS, sold), price updates, etc.  I get notified on everything.  So it’s a good indication of activity in my local market.    

Here are some sample status updates in the past couple of weeks:

• from In Escrow Continue to Show To Active
• from $828,000 To $799,000
• from In Escrow Continue to Show To Pending
• from $825,000 To $799,000
• from $717,000 To $699,000
• from $699,000 To $689,000
• from ACS To Active

Until finally, I see one of these, “from ACS To Sold,” and a “New on Market.”  As a casual observer, and a generally numb observer, I notice a trend, and if I noticed it, something must be really obvious, trust me. 

As I notice more trends, I’ll be sure to let you know.  I’ll write up something in the future on online house hunting as well.

Hazzard @ Everybody Loves Your Money also notices a similar trend.

So does LAMoneyGuy @ It’s Just Money.