Good morning everyone! Last week was as crazy as we anticipated, and this week looks to be another one. Hey, if I want stability and a predictable schedule, I need to go find another job. I can't even fathom doing that anymore...
Let's look at this week's market stats:
Active Listings: 59
Contingent Listings: 59
Pending Listings: 55 (31.8% of the inventory)
New listings: 10
Months of inventory: 3.6
Click here for an updated price per square foot chart.
No big changes this week from last week. It looks like our backlog of unlisted REO properties is continuing to grow, which probably indicates that we should see new listings increase in the coming weeks. It's been a couple of months since I updated REO activity, so I'll do that later this week for my "Focus On" post.
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