Deed recordings for July 2010 were down in the Big Bear area from 562 units in 2009 to 515 through July 2010. This represents an 8.3% decline in units YTD. This is a lower number of recordings than we had in March, April or June of this year. With 191 current pending / contingent sales, the numbers may rise over the next couple of months as these homes close escrow. According to the Big Bear MLS statistics, traditional sellers are still the main category that is selling, followed closely by bank owned homes and around 14% short sales. Price differential (list vs. sold price) stood at 93.07% of list. Properties that are overpriced are continuing to sit on the market. Average days on the market for closed sales last month in Big Bear was 101. Inventory is up to 881 units as of today (823/2010).