Current Market Conditions are very competitive and fast moving. Our Inventory is at approximately 400 homes on the market For sale at the present time. We have an all time high 420 homes Pending meaning they have an accepted Ratified Contract on them and are going through the Escrow and title search process.

Only 120 of the Active For Sale Homes are Bank owned The Rest are Short Sales and this means Pre- Forclousures and we advise not to be involved with those because the Bank can take up to 90 days just to give you and answer and then 45 days more for the Escrow process.

The medium price for the 1st time in 3 years went up 4K instead of going down like it was for every month for 3 years. The market has a Ton of 1st time buyers as well as 1st time Investors all Jumping off of the Fence to take advantage of low Rates and Low prices. This is the 1st time in 30 years you can put down 20% on an investment property and Break Even on the Rent paying for your mortgage in OUR Area.

All the signs are there that we have HIT Bottom. AS I always say if I could say 100% that we have hit Bottom I would not have to work for a living. There is no sure way of knowing when that time is HERE. But you can do the Math and figure out that with Rates and Prices being this low it is time to be in position to catch the ride up. Years ago a wise man told me, Bill Real Estate is like a roller Coaster ride there are dips and ups and downs so you just try and catch one of those rides up.