OC Register - "O.C. home inventory mark up as year starts" (1-15-07)

"O.C.'s sellers and buyers of homes started the year on a slow note, says the math of Steve Thomas at Re/Max Real Estate Services in Aliso Viejo. The Thomas "market time" benchmark calculates how many months it theoretically takes to sell all the inventory in the local MLS for-sale listings at the current pace of pending deals being made."