With regard to your question about current inventory within Alamo Ranch: Over the past 12 months, 199 homes have sold in Alamo Ranch. There are 25 pending contracts and 4 Active Option contracts. Currently, there are 70 homes on the market of which 4 are new listings, 11 have had recent price changes and the remainder are active on the market. Considering all told there have been 228 homes sale or are currently under contract over the past 12 months, the currently inventory for the area is actually low. Alamo Ranch presently indicates a 4 month marketing time for full absorption of all existing inventory.