Ed's Blog

 

Just wanted to send a little uplifting news your way. (Seems harder and harder to find any these days on the news, so I thought I’d help out).

The good news? The surplus of homes for sale in December declined almost 12% over November. Of course short sales are playing a big role, particularly here in the West, but all the same, reducing the inventory to a 9.3 month supply versus 11.7 months in November is welcome news.

Also, keep in mind, rates are eking upwards in recent days, but still remain SO low.

Feel free to contact us with any questions.


Posted by Ed Craine on February 7th, 2009 4:53 PMPost a Comment (0)

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