Overall it’s looking like 25% down in the attached market and 28% in the detached market.

I realize it could swing dramatically, but I chuckle everytime I hear talking heads talking about the improvement cause volume is only down in the teens or single digits from 2006.

That’s nice, but 2006 was down a pretty consistent 30% from 2005.

So being down 28% on top of being down 30% from the prior year lobs you in at literally 1/2 of the volume from March 2005.

It won’t be long now, they’ll talk about the resurging market since volume is up 5% YOY, but that of course will still leave us down 25%-40% from 2005.

Actually, I’ll stand corrected by myself. I just rechecked the volume numbers from SignOn.

For SFRs in July, Central SD had the following:
758 – 2004
602 – 2005
463 – 2006

North Coastal in July had:
580 – 2004
455 – 2005
293 – 2006

North Coastal was at half bubble volume last summer! April shows the same volume collapse. March has a change in data format, but it appears March 04-’05 was flat.