The opportunity to buy short sales and foreclosures is going away in Park City. In Summit County, Notices of Default peaked in the third quarter of 2009 and have been on their way down ever since. Remember, Utah is a non-judicial foreclosure state and we do not have the backlog of foreclosures that judicial foreclosure states like New York and Florida have. Nationally, distressed sales still account for 25% of all sales, with an average discount price of 14% off retail. In Park City, distressed sales account for 17% of our sales, with a discount of 8% off retail.