Interessting facts

C.A.R (California Assn. of Realtors) statistics for Oct. :

1. C.A.R,'s Unsold Inventory Index for existing single-family detached homes in October 2008 was 5.9 months compared with 15.2 months for the same period a year ago. The index indicates the number of months needed to deplete the supply of homes on the market at the current sales rate.