ZipcodeListed 1/08Pending 1/08Sold 1/08Exp/Canc 1/0892078/Detached5926213892069/Detached531192192078/Attached367102192069/Attached206314Totals168504394Data from Sandicor, Inc. on 2/11/2008. Now, if I just present those numbers in the grid, you might think that San Marcos is OK as a micro-market. Well, if you were to conclude that, I think you would be making a MISTAKE!Let's look at the home inventory graph for the past 3 years. Here's where we stand today (red line) versus the last couple of years:As you know, supply and demand are what determine prices, and supply is UP (i.e., the red line is above the other lines). When supply is up, prices usually go down. But let's take a look at the other vector in San Marcos that is important - foreclosures. Here's a pic of our bank-owned pro...
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