Good Morning.
Today we have 124 ACTIVE LISTINGS
197 in BACKUP AND PENDING STATUS
and in the time period of 1.22.2010 to 2.22.2010 we closed 55 SALES.
So our INVENTORY is officially at 2.25 Months... which is low and makes for a better market for sellers than buyers at this time. Espeically if the sellers happen to be equity sellers which is about 40+ percent of our market. The rest are shortsales and foreclosed properties.
If you don't believe the market has shifted gears, keep watching these weekly reports.
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