Russ
I stopped tracking this one after the first but since I only missed a couple weeks it’s easy to pick up where I left off.

Active inventory is at 126 which is lower than it ws at any point in time in 2007. This time last year it was 156. Pendings are at 32 which is also lower. This time last year it was at 52.

Prices have fallen modestly there and will probably stabilize a bit due to the season upswing in demand and lack of inventory. As in my area people are digging in. Lower interest rates, rising loan limits and checks from Unky Sammy will only help them do so. No chunking down has happened there nor will it anytime soon. Overall I expect another 5 to 10% decline this year with most of it coming after July.