Tuesday, September 07, 2004
9-6-04 Century 21 Tuesday Caravan
5 homes were pitched at caravan this morning. New listings at both Friday and Tuesday Caravan are starting to slow a little, probably due to families getting back to school. Total inventory has not slowed and is moving toward the 900 level.
Not all homes that are newly listed are placed on caravan, so even if the caravan numbers are low, inventory can still increase. Homes are still selling at a regular pace, what we are facing is a very large supply of homes for sale which will take a longer time to sell.
Not all homes that are newly listed are placed on caravan, so even if the caravan numbers are low, inventory can still increase. Homes are still selling at a regular pace, what we are facing is a very large supply of homes for sale which will take a longer time to sell.
