Dead Reckoning! Does This Signify the Beginning of the End?

Maybe I shouldn't have used the term "Dead Reckoning" without a definition for you non-mariner types out there. I want to be sure that we are perfectly clear with what is happening here.

Dead Reckoning in the marine environment can be defined as:

Determining your current position from a previously known position or "fix" and extrapolating it mathematically on a chart over regular time intervals using your estimated speed, the heading or direction along with factoring wind and current effects.

Christopher Columbus was one of several explorers able to successfully navigate this way. It is now used as a backup for a backup navigation system yet it's still good to know. (Always keep fresh batteries handy for the GPS) The major disadvantage of relying on dead reckoning is that since new positions are calculated solely from previous ones any error becomes cumulative, growing easily with time.

The most interesting feature about our expired listings does not even appear on this graph. Because today is July 1st, would you care to venture a guess into the number of expired listings shown today? Admittedly, it will be a peak time in July so I'll just shout it out, FOUR HUNDRED AND TWENTY TWO. Yes, 422, overnight, already exceeding half of June's total. It's not a record by any means and is fully anticipated. Many will reappear as new listings in the coming days then some will hibernate through the off season and try their hand again this fall or winter. Please understand that this is an overview of the entire Naples market, your individual neighborhood ultimately has different statistical information. Contact me for a more specific individual analysis of your property?

Take a WILD guess which month they're most likely to return?

Vacation time is just around the corner, where shall we go this year?