Clearly, housing continues to underperform. But as long as demand keeps growing, it's just a matter of time before the housing market turns around and becomes an engine for, rather than a drag on the economy. Despite improving affordability and very low intrest rates, existing SF home sales remains weaker than I would like to see. Historically, the housing market sees one new home buyer for every two new jobs created, but this time around that has not happened. Job growth has been vastly outperforming housing.... Many buyers are just sitting on the fence. Our guess that consumers are waiting for home prices and even interest rates to fall even further.

I have had several REO's sitting on the market for months and months....I just listed several more....I am staying that if you want to BUY get out there. IT will and has been a buyers market. I can n ot understand why people are just not moving on some the best times to buy a property. There is still money to get and I know it is not as esy to get it...but if you have some money put aside, the banks will loan you money. I know of many programs still out there  that you do not have to have a lot of down payment. Investors are gun shy...Why I am not sure....but Buyers need to buying. Last year was the best year I had in Real Estate in many years. So I hope that if you are looking you will contact me. Until next time have a great day!