Thursday, May 24, 2007

Mission Viejo Breaks 1,000 Inventory Units

Congratulations to the newest member of the One Thousand Club, Mission Viejo!

According to ZIP Realty, Mission Viejo joined the infamous ranks of inventory-laden cities this morning at 1,007 units of inventory for sale. If you're shopping for a home in that city, be sure to whack an extra 10 or 15% off of your offer.

Mission Viejo sellers, gird your loins, you officially have lost ALL leverage in any price negotiations. Good luck.

Vivo los Osos!

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