Looking at 1/1/2007 through 2/22/2007 for Home and Estates/PUDs for Carpinteria Real Estate/ Summerland Real Estate there were 12 properties that went into escrow for the same period of time for 2006 there were 11, for 2005 there were 5 and for 2004 there were 14.
For that same period of time for 2007, 1 of those 12 properties fell out of escrow for a 8.3% fall through rate. For 2006 1 or those 11 homes fell out of escrow for a 9% fall through rate. For 2005, 0 of those 5 fell out of escrow for a 0% fall through rate and for 2004, 0 or those 14 properties fell out of escrow for a 0% fall through rate.
On the condo side of the ledger for Carpinteria Real Estate/ Summerland Real Estate 12 condos went into escrow for 2007. For 2006, 6 went into escrow, for 2005, 8 went into escrow and for 2004, 19 went into escrow. In 2007, 0 of those 12 fell out of escrow for a 0% fall through rate. For 2006, 1 of those 6 fell out of escrow for a 16% fall through rate, for 2005, 0 of those 8 fell out of escrow for a 0% fall through rate. And for 2004, 0 of those 8 fell out of escrow for a 0% fall through rate.
On the Home and Estate/PUD side we see Escrows at about the same rate as 2005 and not quite 2004 numbers, but the Fall Through rate of 8% is higher for 2007 as opposed to the 0% of 2005 and 0% rate of 2004.
For Condos we are above the level of activity that occurred in 2004 and the Fall Through rate is the same with 0% in 2004 0% in 2007.
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