It's clearly a market mix issue. Expensive homes are not selling as fast as inexpensive homes.

Overall things are slowing down, but they are slowing from what was basically a very strong, if not frenzied, market.

These numbers include condo conversions and (that) activity increased sharply last year. Since they are lower-cost homes, they pull down the median.

You have distress selling. We're in a market that is slowly dying out. There's not much volume at all.

This is a stronger strategy. Clearly, selling the incentive was not working.

I really think that cost is the big factor. We're not inexpensive, even for our own Pennsylvanians, and I think that's motivating some students to be conscious of the time it takes them to finish their degree.