Good morning again. Every year on Memorial Day I have to say something about this - I think that we as a nation seem to have lost perspective on this holiday. We've turned it into some big "start of summer" three day weekend where we can get together with friends and have a few beers and grill up some steaks, or go out to the mall to take advantage of the great deals on their holiday weekend sales. And I have a problem with that. Not so much with enjoying the time off work, but with losing sight of what this holiday is actually commemorating. Over the years we've asked a lot of our military, and they've always answered the call. By all means, have a few beers and fire up the BBQ, but also take some time today to think about the young men and women that have made the ultimate sacrifice for our nation.
OK, let's look at some numbers:
Active Listings: 139
Contingent Listings: 39
Pending Listings: 57 (24.3% of the inventory)
New listings: 11
Months of inventory: 5.9
Click here for the updated price per square foot chart.
Inventory is down slightly from last week, and we're below the 6 month level for the first time since the beginning of this year. Aside from that, there's not much of note in the numbers this week. I still haven't figured out what I'm going to cover later this week, but when the muse comes to me I'll bang something out.
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