Hodge Podge for the long weekend.
First a tribute to Canada. Canada, for all its faults, is a pretty darn nice place to live. Its mostly free, mostly clean, mostly peaceful, and delightfully uninteresting in most respects!
Next, a local real estate market inventory update courtesy of realtor Rob Chipman. Inventory is following an almost identical path to last year with the significant difference of being 30% higher! July is the month when we should start to see the beginning of the fall inventory build up and I expect the Chipman area will break 13,000 for the first time ever in July sometime.
Finally, the June Real Estate market information should be out on Tuesday from the REBGV and FVREB. What do you think it will indicate? I expect marginally higher prices from May, higher inventory than last year and lower sales than last year. Months of inventory should continue rising but all in all no big surprises. The real action will probably start in the fall.