Going into the end of March heading for the home stretch of April with the tax credits i thought it might be interesting to look at the relative strength of the market comparing the last three years. the graph below shows the percentage of pending sales as compared to the total active inventory. if you look ta those two market indicators separately you can mis-read the relative strength or weakness of the market. yet when you look at them together you get a better picture of the strength or weakness of the market, as you can see below 2010 is between 2008 and 2009. the real test will come when the tax credits are no longer available after the April 30th deadline.