[kensmith]

Glenn I would agree with you, you have a buyers market. You have about 4 years of inventory based on the last 30 days of closings. That is a huge number.

We are around a years inventory in most markets. Some markets are getting close to 2 years but they are ones that had the largest price increases over the last few years. We are only down about 10% on the total sales for the year. We still have a lot more sales year to date than 5 years ago when I started in the business. The market is slower, but not a buyers market yet.