bandon opinion: Current inventory is up...way up!
- 06/15/07 01:32 PM
Our market has been extremely flat. Realtors, lenders and title companies have all felt the pinch. Our inventory is up nearly 30% over last year and our production is down about $5,000,000 ytd. On an average year our total production is just over 30 million dollars. We are on pace for a 20 million dollar year. All indications of 2006 being our fall-out and expecting 2007 to rebound have yet to ring true. Now forecasters are pointing towards the summer of 2008 on the national scale to return to a healthier market. Normally, now is the time that we get busy. Our … (6 comments)
Our market has been extremely flat. Realtors, lenders and title companies have all felt the pinch. Our inventory is up nearly 30% over last year and our production is down about $5,000,000 ytd. On an average year our total production is just over 30 million dollars. We are on pace for a 20 million dollar year. ;)
;)
