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Name:	John C -	Reply
Subject:	June Home Sales
Date:	7/31/2012 8:01:04 PM

2012 keeps on truckin with a strong June. I think July will be even better. Other folks I talk to are also busy (home inspectors, closing attorneys, etc). Please see the below link for my report.

URL: June Home Sales Jump

Name:	roswellric -	Reply
Subject:	June Home Sales
Date:	7/31/2012 9:52:04 PM (updated 7/31/2012 9:52:36 PM)

Great info John. Do you know the absorption rate of the current inventory?

Name:	John C -	Reply
Subject:	absorption
Date:	8/1/2012 1:29:03 PM

Absorption can be a wacky stat in our area since our sales are seasonal. But in June we had 420 on the market with sales of 23, and in May 409 with sales of 32, so call it between 12 and 18 months of inventory, depending when you run it. Usually I look at the running 12 month total, which is 220, then compare that to the current month's inventory of 420. so that is about 23 months of inventory averaged over the last 12 months.

Name:	roswellric -	Reply
Subject:	absorption
Date:	8/1/2012 3:12:23 PM

If you used a 12 month moving average is the trend in inventory down or up? I'm wondering if the supply is staying the same or decreasing. The market is so inelastic I would think once it hits the tippping point prices would rise dramatically.What was the usual inventory when the market was good (but not crazy)?

Name:	lakngulf -	Reply
Subject:	absorption
Date:	8/1/2012 4:06:17 PM (updated 8/1/2012 4:06:45 PM)

In other words, if you took the square root of PI r Squared, and added the fuel saved because of no Aquapalooza 2012, would that equal the number of fish bites from Sand Island to the Bridge?

Name:	Summer Lover -	Reply
Subject:	Only
Date:	8/1/2012 4:14:14 PM

If the shrimp were grilled on a BGE.

Name:	BigFoot -	Reply
Subject:	WITHOUT...
Date:	8/2/2012 10:03:32 AM

regard to the beaver factor.....

Name:	roswellric -	Reply
Subject:	You guys...
Date:	8/2/2012 10:20:05 PM

Know how to hurt a guy..... :-)

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