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I would recommend reviewing the most recently completed report: 2008-2009 and make some comparisons to the 1999-2009 report. What you will find is a rather interesting trend we have seen in the past. Sellers should take note of the inventory signals as positive. November sales actually exceeded new inventory, inventory has dropped to the lowest since 2000, and the sales, closing, and under contract numbers have collided. The last time I have seen these numbers collide was 2003 through 2004. (see 1999-2009 report)
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PenFed Realty, LLC 11864 Sunrise Valley Dr, Reston, VA 20191 703-716-2900 1:40:33 PMFriday, November 02, 2007
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