No surprise to "The Pearson Group"   .... The up tick has been happening for months now in certain price points and locations.  Now may be the best time for seller's who have been waiting for a brighter market to make their move.

Read the Article

"Realtors are trying to recruit potential buyers with the message that anyone thinking of buying a home in Florida ought to look now, because the bargains won't last forever."

I found this to be a good read since we have been telling folks for the past couple of years that they are far better off to buy now than to pay rent. After reading this article, I still believe that is true......for most people

Trends in Housing Affordability

POSTED BY TRACEY VELT ON FEB 27, 2012

December showed a bounceback in buyer activity from a slight slowdown in September through the first half of November. Pending sales were up along with showing and website activity.

Homeowners weighing their options to fix up an existing home or make home improvements to a home recently purchased, may find the Cost vs. Value Reports to be a valuable resource.

So far this year we have had a classic economic struggle of Good vs. Evil.

The Good Side

* Values are stable to rising (even Case-Shiller shows metro Detroit values are up!)

* We are creating jobs in Michigan

* Consumer Confidence moved up a bit

* Strong pent up buyer and seller demand

* Record low combination of prices and interest rates

The Evil Side

* Lack of saleable home inventories

* Larger percentage of homes with little to no equity

* Slow job growth

CoreLogic September Home Price Index Shows Second Consecutive Month-Over-Month and Year-Over-Year Decline

November 07, 2011, Santa Ana, Calif. –

––Prices Are 4.1 Percent Lower Than a Year Ago––

Read the Entire Article

SALES PRICES ARE UP! 

NUMBER OF HOMES SOLD IS DOWN!