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July 2007 - Posts

Inventory levels: What do they mean?
It looks like we've reached a plateau in the inventory for single family homes. There are 4519 active listings as I write this. Inventory has increased minimally(1.7%) since June 30. Condos are a different story. Today there are 1602 active listings, Read More...
Surprising statistics after 12 days of July
These numbers defy all logic and reason. After 12 days of not updating, I expected that prices would have been falling by now, but under the Old Criteria , prices for July are up $11,792 compared to June. It takes a little longer to sell a house; 36 days Read More...