Click on the presentation above to see graphically the statistics for Boulder County real estate for April 2011. On first glance it will appear that the market is struggling. Afterall, sales are down 19% year to date when compared to last year. But remember that last year our market was heavily influenced by the tax credit. Our early sales were very strong but it ended up that we borrowed sales from later in the year. I like to compare this year to 2009. In 2009 we had similar market conditions. Sales so far in 2011 are up 8% from 2009. Inventory is creeping up to healthy levels and market activity as measured by the number of homes under contract remains very strong.