Rustico get your panties out of a bunch and help me do it right then. If you have a suggested improvement to the methodology I’m all ears and would gladly make it better. Here’s what I’m thinking. The balance between supply and demand is among the best in all of SD county if not the best as measured by the actives vs. pendings. If this market weakens it might a bad sign for weaker markets. If it doesnt weaken that isnt necessarily a sign that other markets wont but it would certainly provoke further questions and analysis. This is about absolute answers, we all know better than that. It’s about watching changes in the marketplace and this is yet another way. The truth is we could look at any market and use it as a benchmark. I just chose this one because so many around here are interested in it (in spite of the fact I dont care for CV at all).

Pendings are the same thing as in escrow.

New listings are either new or relists. It doesnt matter because we are measuring the change and relists would be balanced by expireds/cancelleds.