While our inventories in Coto/RSM were near historic lows at the beginning of the year we’ve seen them grow to 115 in Coto and 235 in RSM. Today inventories have shrunk to 89 in Coto and 160 in RSM! The market has been slow the past 60 days but is showing signs of increased activity since school has begun and families are home from their vacations. We have also seen some softness in pricing as the market has adjusted downward slightly as it had been adjusting rapidly upward in the first part of the year. We’re predicting stability in the market for the near future. Its also time to take advantage of interest rates as they will be trending upward with our improving economy.
That’s it for now!
