Star Smith's (schaumburghomes) Blog

While the estimated inventory hasn't gone up (still 11 months) there has been a large drop in the number of condos under contract. This will mean less closings over the next 2 months and an increase in teh months of inventory. We will watch this as it could be a sign of a slowing market.  Compare...

The market has continued to slow a little over the past 2 months and we are now up to a 15 month inventory. The next month or two will remain slow, but the spring market should help clear out some of the inventory.   Currently on the Market: 193 Currently Under Contract: 25   Closed in the last 9...