MLS Inventory

MLV InventoryThe inventory of Multi-List Vallarta continues to increase. We are now up nearly 50% over this time last year. And I think we are going to continue to see this increase. Realtors that I have talked to say that the market for this year was not as good as 2006. And that doesn’t look good for 2008. Real estate sales can’t afford to just stay the same as last year, they need to increase to work through our increased inventories, not just with MLV but also with all the new product coming online from developers. If Realtors are seeing a slow down, they we are really going to see a growing separation between properties on the market and properties being absorbed through sales.

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