What’s Normal?

If it’s one thing I’ve learned in my 21-year career, it’s there’s no such thing as “normal.”  There is no “normal” transaction and there certainly is no “normal” market.  There are always traits and nuances that make every market different than the last one.  Gosh, this week’s market is different than last week!  That being said, there are some numbers that jump out at me which tell me that today’s market is very unique.  Let’s look at a few of those.

First, there’s only 2.5 months of inventory.  That means, at…