Inventory back over 9500 again...

Useful. Thanks

I like looking at the ratio of new listings to contracts signed because it ignores the "seasonal sellers". The ratio was 4:1 (new inv. to sales) around Jan/March but has tighten to 2:1 recently. This tells me the trend in prices is still down, but to a lesser degree. I see the Jan/March ratio as being bad for banks as inventory forces big price reductions, but the current ratio suggests market is passing losses from the banks to owners as the debt burden forces them to "accumulate equity" -- great stuff Urbandigs!!!

The DOW is up over 9500 and probably stable there, although it was above 10000K. I think these real estate numbers are stable too.

unfortunately no one has anywhere near accurate numbers on the real number of listings.

they're certainly not perfect.... but as long as the measure is consistent....