This Morning, May 5, 2009, I halted the grinding of my coffee to listen to some actually positive news! The 
Chairman of the Federal Reserve, Mr. Ben Bernanke proclaiming that "We have all the tools we need to get this economy back on a growth track". Music to my ears! I grabbed the remote and began the news feed from the beginning and listened more attentively this time.
Bernanke also commented on the housing market by saying that "home prices may stop falling in some areas" and that "interest rate will begin to climb". Hearing this I was inspired to look at the New York Times today to see that they were also spreading the positive news that "Home Sales rose in March instead of Falling!!!
Personally I have been seeing a clear turn in my local real estate market. I was out showing property this past weekend in Ameriage Heights in West Fullerton. Last summer I drove through this community and there was an abundance of "for sale" and "open house" signs at every corner. Now I only saw 3 homes being held open and very few "for sale" signs. More surprising was several "SOLD SIGNS"!
If you are on the fence about buying a home or selling your home call your local REALTOR today to find the current market condition in your area.
Written by Tina Maraj, North Orange County REALTOR Since 1989! www.TinaMaraj.com
Comments(4)