Davis is normally a cyclical market because of the University. There will be fewer buyers throughout the fall and early winter with an upswing in activity starting in March. Davis is less affected by the current state of the market, but as financing begins to be a bit more challenging, especially in the jumbo mortgage market, I believe that will have a slowing effect on the Davis market. At the beginning of the summer Davis was in a neutral market, currently it is shifting back to a buyers market. At the end of June there was less than a 2 month supply of inventory.