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It looks like the second part of May brought out more Buyers. When I did the mid-month statistics, it looked like we may not break 500 Pendings for the month. As of a few minutes ago, we were at 541.

But along with the Pending Sales increasing over last month, so have New Listings. We are already over 900 new lisitngs which will add to the already high level of inventory. Price changes also had a sharp increase which is what happened last May when we started seeing the correction in prices.

I will be running all the reports and updating the www.SloWatch.com graph late tonite or tomorrow.

Written by Keith Byrd - Go to Keith's Website/Profile