Slow days

Astute readers will have noticed that there’s little real estate news being reported here these days but that’s not because of a shift in editorial emphasis; rather, it’s because there’s so little new news to report. We’re seeing a number of house closings, but those are mostly the concluding step to contracts entered into some months ago.

The past week: Friday, May 6th through today, saw just four single-home contracts reported, one for land, and three rentals. That’s due entirely to lack of inventory, rather than lack of buyers, but the result is the same: look for sales reports coming up for a while, but not much new business after they pass through the python.