Mild interpretation moved per Desmond. I’ll take a mulligan as I tried to get the data up asap and did so late at night after a long travel day back from Seattle.
This week we seem to have stopped the inventory decline as a whole. In our 3 areas of review, we saw some small increases, declines and a flat result. Thats shouldnt be a surprise as home buyers typically shut down the 2nd week of April each year for obvious reasons.
Its too early to call it trend but given past history this a very important week or two ahead. IN a normal market, the strongest market traditionally arrives once Tax Day passes. Many people are told by tax advisors they cant afford their homes, they should stop renting/buy a home or they are making too much money/should consider a move up. Buyers and sellers with school age children kick it into high gear to facilitate a move while school is out. If the party is going to kick into high gear in either direction we should start to see it.
