Verona Real Estate Market Activity

Looking at the Verona real estate market activity since June 1st, 2007

What is the holding inventory or absorption rate in Verona? How long would it take to sell a home?
How we calculate that data is:

How many homes are selling in a month?
Based on the current active inventory, how long would it take to sell?

So the [...]

Federal Reserve Cuts Interest Rates

A rate cut was expected today, but the aggressive .50% rate in both the Federal Funds Rate and the Discount Rate surprised many, including myself.
The Federal Reserve lowered its benchmark interest rate by a half point to 4.75 percent, this is the first Fed rate cut in four years!
We wrote more about the rate cuts, [...]