Good morning! Hope everybody is having a good three day weekend. And I hope that at some point today, you stop and think about what this holiday represents. Hint: it ain't about cookouts and ballgames. That's not to say that we shouldn't enjoy those things; I think it would dishonor the memory of the men and women we remember with this day not to live the lives they fought and died for us to be able to live. So enjoy the day - I plan on doing that myself. But just take a little time to remember them and contemplate their sacrifices.
Enough said - let's take a look at this week's numbers:
Active Listings: 93
Contingent Listings: 38
Pending Listings: 66 (33.5% of the inventory)
Price changes for the past week: 7 (5.3%)
Click here for the up to date price per square foot chart.
I think I mentioned a few weeks ago that we were approaching a point where our combined pending and contingent listings would outnumber our active listings. Well, we got there this week. Our active listings dropped off sharply this week, and pending listings continued their climb.
Later this week I'll post about loan modifications.
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