October Data is looking good

October is now over and it looks like there were at least as many sales in October as there were in September.

Usually there is a decline in sales for October as we get deeper into fall.  This increase in sales combined with
the fact that we are now below 47,000 active listings for the first time in a while indicates to me that some sellers
are finally getting the picture and allowing their listings to expire or are taking their houses off the market.  I hope
that this trend continues throughout November and December so 2007 starts off with a more reasonable inventory.

With still just over 46% of all listings being on the market for more than 90 days, something has to give.