Since the start of 2007, most of us in the Real Estate sector have seen noticable increased activity in Real Estate.  While prices are holding steady, inventories has decreased, but with spring around the corner, we should see inventory levels rise. 

What does this mean?  Remember that home prices are mainly effected by simple economics of supply and demand. Supply grew in 2006 which lowered our prices.  Many factors effect the supply and demand, Interest rates being a big factor. 

Lending Trends support increased strength:  Unexpectedly positive news for the housing sector arrived in the form of the Mortgage Applications Index, showing the largest percentage increases in home loan applications for purchasing and refinancing since the middle of 2005. But the real good news is that this also indicates that home loan rates are favorable, and most markets are stabilizing in terms of home values. In fact, many experts feel that August of 2006 was the bottom for the housing market. So if you have been thinking about investigating a purchase or refinance, now might be an excellent time to act!

If I was thinking of moving, I would be very tempted to get my home listed now, while the inventory levels are low.  New home inventory seems to have been lowered which helps if you are competing in that sector, which many do.