Thursday, May 5, 2011

Holding Numbers

I read through the news this morning. All seems to be saying we are moving in an upward fashion on the home sales front.

Okay, still a tough challenge to get something closed, let alone an offer accepted. But, we are helping people, and that's what it's all about.

Stats measured this morning shows that we are holding together fairly the same. About 4 1/2 months of inventory.

1252 Active in Santa Clarita. 809 in Pending (or taking back-up offers). And 290 closed sales in the last 30 days. Still looking at a lot of Short-Sales. But, the banks are continuing to improve on the way home-owners in default are being cared for.

If we can continue to weed through the SS and REO's and close sales, all the better for the housing market.

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