As of this morning we have seen a small spike up in inventory to 611 resy’s.   I noticed that it was up on last Friday to 612, but went down as quickly.  I was kind of hoping that 609 would be the peak. 

Lakehome inventory peaked yesterday at 413 on inventory with 251 of those in Douglas County.  The highest number ever achieved was 417 on July 30, 2007.  It is heir apparent that this segment of the real estate market is taking a harder pounding than the residential side.  My spin is that people are just not as willing to pony up the cash to go into a lakehome at the present time.  Henceforth, the logjam on the inventory and the reductions seen on pricing.  I wonder how the assessor’s are doing?

Statistical information provided by the Greater Alexandria Area Association of Realtors Multiple Listing Service.