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I read today the above headline on one of those news network scrolls we all see at the bottom of the screen! 

If true, this is sure sign of pent up real estate purchase and sale demand.  It is not only a reflection of a slow market in which homes cannot be sold, but also bodes well for the future of real estate sales and thus prices in the future!

The time to buy is before the market strengthens:  The selection is better and pent up motivation to move is greater than when sales increase.  I have advised my clients early this month that number of sales in our market increased about 18% last year and this trend seems to be continuing. this will reduce the inventory of great buys. And I can assure you, based on the owners I talk with daily, the large portion of owners is not motivated to part with their property at todays prices. 

This is another indicator of an end coming to bargain prperties sooner rather than later. If you want a great buy, this may be the best time you will see for a while. and remember interest rates are low! contact me at jerry@765LIST.com with any questions anytime!