Even though we’re in the midst of what is usually our slowest season, and see the usual declines in sales and inventory, this is not a typical winter market. A quick look at the graphs above shows that while the economic and social impacts of the pandemic are giving us what seem to be familiar trend results, what is going on is far from normal. Buyer demand, while not huge, far outpaces available inventory. We believe that inventory is constrained by seller reluctance both to change in uncertain times and to opening their homes to buyer visits. And as long as inventory remains critically low, prices will be pushed higher. But with vaccines coming online, we’re hoping to see a gradual return to more active patterns as we move into summer and the economy begins to recover. It’s going to be an interesting and challenging year for buyers and sellers alike.