Monday, February 5, 2007

Inventory is up slightly...

to end up at 20,009 active listings in the 7 county metro area this week - that's less than I thought it would be. That is a 1.0% increase. The inventory is still growing at a slower pace than last year so that's good news too!!!!!

New pendings were up nicely at 24.1% over lat week and that is a 14.3% increase over the same time last year. The total number of new pendings for the 7 day period ending on Wednesday the 31st was 737 that compares to 594 for the week before.