The Market

How many people are wondering what is going on with the housing market?
There is good new to report!! The housing market is slowly starting to rebound. The number of units are up and our monthly sales reflect those dating back to 2005. 54% of all sales were distressed properties. REO inventory is down especially in the lower end market. Banks are becoming more responsive to short sales and the number of closed short sale units are up. REO sales are closing relatively close to list price.

RL Brown, a leading spokesperson in the Valley has been quoted as saying that the market has bottomed out earlier this year. If you are thinking of making a purchase, DONT WAIT!!