Why don’t you e-mail your fellow realtor there and get back to us with the answer?
Meanwhile, I see LOTS AND LOTS of price reductions in just my own small neighborhood in the last two days AND several new listings just today. So much for the spring bounce or “spring-hope-mania” as I have heard it called.
There isn’t “alot” of anything being sold right now, except maybe PAINT for all those new “price reduced” signs going up. Who’s seen those “I’m beautiful inside” signs? Soon those will be changed to “I’m SCREWED inside”
Finally, screw statistics…get out there and look around, take the pulse of the market…every open house I went to last weekend had an agent in it that seemed like they knew they were wasting their time.