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The press is catching on.... The market has hit bottom!

I just watched the video below reported by Conway Gittens of the Reuters news agency. The real estate market nationwide had a nice rebound in July, offering hope that the worst is over!

Consumer confidence showed a sharp rebound as well...

Enjoy the video!

I've been experiencing a solid resurgence of business since President Bush signed the Housing Bill at the end of July. The inventory of homes priced under $300,000 in Mount Vernon, Burlington & Sedro Woolley is down to a 4 month supply of homes, suggesting a Seller's Market... Thats right, I said a Seller's Market.

Believe it.... It is coming.

Posted by Bill Sauneuf on 08/27/2008 04:18 PM

Comments (4)

market report, real estate, skagit county, sedro woolley, mount vernon, burlington

This post has been included in Washington Information Skagit County, WA Information

4 Comments on The press is catching on.... The market has hit bottom!

AUG

let's hope so....

Rockville & Bethesda Realtor. Bethesda Homes for Sale

The signs are all over the place of the nation's housing market stabilizing. The really bad parts are now limited to California, Nevada, and Florida. The rest of the country is either doing fine, or not too bad....

Take a look at the OFHEO's 2nd Quarter Housing Report (released August 26th, 2008) for a more complete picture of the market.

Believe it... The housing market is rebounding!