The total number of active listings is down again this week, presently at 2,484.  Inventory has been dropping steadily since the middle of March, 2009.  There were 251 new listings this week, and 217 sales, so the list to sale ratio remains pretty tight.  Buyers have discovered that they are not so in charge as they were in the months of November, December, January.  There is a lot of speculation that we are experiencing just a blip, and things will cool off in the summer.  Who really knows?  Personally, I am seeing many new buyers enter the market, so this is not just a case of pent-up demand from last fall.  It is possible that buyers may ease off for the summer, but they would also make room for new ones entering the market, so things could continue in balance.  There is some talk that fixed mortgage rates may be going up, and if that happens, we are likely to see a rush to buy before the current rate holds expire.  Month end stats will be out in a few days ..... stay tuned.