APPRECIATION! Home values gained 1% in January and 0.7% in February…so things are starting to look like “stabilization” from the nationwide view. Remember the local markets are most important to be familiar with for our clients. Some markets are posting much higher appreciation for the first few months of 2009 thanks to a flood of buyers with low rates and other incentives.

NEW HOME SALES! The report for new homes sales was published on Friday. It looks like sales are UP more than expected for March. This is just ONE MORE THING that says we are stabilizing!! Real estate is always local, but these national #’s coming in better than expected is a good positive end to last week. Buyers need to realize that now is the time to buy!! Interest rates are at historic lows, there are some real deals out there and banks ARE lending.