Active Inventory at the end of July was 4,056 and topping the 4,000 mark for the first time since October 2020! The Market has probably peaked for New Listings this year, and will begin to decrease the number of new listings each month for the rest of 2021. This is an excellent time for Buyers to reengage and find that first or next home as Inventory increases, and Interest Rates are still historically low! The rest of the July numbers also showed some Buyer Fatigue and Seller Apathy in July as New Listings were down 6.5%, Pendings were down 9.8% and Closed Homes were down 21% in July 2021 vs July 2020! Closings YTD are still well ahead of last year, and this market is still very healthy, especially the Luxury Market! The bottom line is, we still have very low Inventory and very high demand.