Got a busy crazy day ahead of me, so let's get this out of the way early. Here are the numbers for this week:
Active Listings: 72
Contingent Listings: 39
Pending Listings: 63 (36.2% of the inventory)
New listings: 8
Months of inventory: 4.2
Click here for an updated price per square foot chart.
We had a big jump in pending listings this week, and a slow week for new listings resulting in a slightly lower inventory. I think that the push is officially on for buyers who want to get in on that home buyers tax credit before it expires at the end of April. Later this week, I have some advice for buyers in this market that I'm going to share. Tough love, actually. Make sure you come back to check in on that.
On a whole different topic - I started a Yahoo group for NCAA tournament picks. I spent all of about 10 minutes last night plugging in my picks for the brackets. Some years I do really well at this, and some years I suck at it. Come on in and join the group and see which kind of year this one is...
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