I have noticed that the market has seen a little spike in the last week. I am a Realtor and also sell insulation.  In todays market we must do what we have to do.  I have seen more building starts in the last 2 weeks then there has been in the last 2 months. Building permits that were pulled months ago are starting to make the move. Spec homes in the million plus market are coming out of the ground. Subdivisions are starting to build inventory and Real Estate calls are getting more and more. Why?

I think because contractors and investors see the drop in interest rates and feel the buyers may start making moves. Those with spec homes or inventory will be the first to prosper. Those who are waiting and losing employees will be trying to catch up. The buyers are not going to want to wait for a home  to be built. Immediate gratification comes to mind.

Buyers are seeing the rates droppping and the stimulus packages coming and they don't want to miss the boat. The packages will go away and right now is the best time to jump. By the time the buyer locates a property and puts it in escrow the packages should be goiing full bore. If they wait and see they could miss it.

That is what I see and feel about the market.

NOW IS THE TIME TO GET BACK IN THE GAME...