One request. Lets try not to turn this into a battle over interpretations and try to keep this one focused on the data. Maybe we can start a separate thread if folks want to dicuss it.
SD County
Active 7335
Cont 4359
Pending 4795
Ratio of Actives to cont/pendings 0.80
NCC
Active 1717
Cont 584
Pending 809
Ratio of Actives to cont/pendings 1.23
Both ratios are very low. In a more freely traded market ratios like that would put upward pressure on prices. We are in anything but a freely traded market at the moment.
