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Don't Call it a Comeback!

By Todd Pierceall

Real Estate Agent with Prestige Properties

March 26, 2009 04:33 PM

I'm not ready to say it is a full recovery but surely the signs are showing we may be on our way. Housing prices are holding steady and in many areas going up. Inventory is finally down and building permits are on the rise again. They are certainly not at the level of a year ago but looking back a few months ago we are going in the right direction.

Everybody get out there and shake the bushes and let's make sure this maintains a correct heading!

(pep talk for the day since my Dukies lost and I am feeling blue!)

Todd Pierceall
Prestige Properties
www.prestigeproperties4u.com

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Christine Donovan

Donovan Blatt Realty - Costa Mesa, CA

Broker/Attorney 714-319-9751 DRE01267479 - Costa M

I don't know that I'd call it a come back either though I will call it a definite step in the right direction.

Mar 26, 2009 04:34 PM

Dean Moss

Dean's Team - Keller Williams Realty Partners Chicago IL - Chicago, IL

Dean's Team Chicago IL Real Estate Team

Todd -

Any step above grade is a step in the right direction!

We're not roaring back yet - but it is far better than the alternative - yes?

DEAN & DEAN'S TEAM CHICAGO

Mar 26, 2009 04:38 PM

Jon Zolsky, Daytona Beach, FL

Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL

Buy Daytona condos for heavenly good prices

Watching carefully and cautiously, but hopeful. Since January we see a warming up market. market is in turmoil, but there is clearly more interest to real estate.

Mar 26, 2009 04:40 PM

Omega Omega

Omega - Glendale, CA

Hey Todd - good info and I think you are correct. For those who have weathered the storm I can hear John McKay.........The thrill of Victory....the agony of Defeat!!!! We want Victory!!!!!

Cheers

Mar 26, 2009 04:42 PM

Renee L. Norton

Birmingham, AL

I too think we are seeing signs of improvement....welcome signs. Time and stats will tell. I'm looking forward to the end of the month to see how sales compare to last month and March 2008.

Mar 26, 2009 04:46 PM

Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty

Leolinda Realty - Surprise, AZ

Sun City Grand in Surprise Arizona

Todd, I am seeing flippers in the Surprise housing market. What about there?

Mar 26, 2009 05:15 PM

Cameron Novak

The Homefinding Center - 1000 Palms, CA

Real Estate Broker since 2008

Duke choked! But there is definitely strength in the Southern California market (specifically Corona).

Cameron Novak
Corona & Riverside Short Sale Specialist
The Homefinding Center^TM
Corona, California
951-212-7479

Mar 26, 2009 06:29 PM

Judy Schneider

eXp Realty - Bellingham, WA

Things are going the right direction get ready. This is the time to get prepared!

Mar 27, 2009 02:56 AM

Todd Pierceall

Prestige Properties - Gastonia, NC

Leolinda,

flippers are still around here but properties for them are getting harder to find. A lot have been stuck with properties as well. They bought too many and once they were fixed up they were competing with the other sellers and the flippers couldn't reduce their prices very much. I am seeing a lot of properties that were intended to be flips are now up for rent. We are in unique times and I am still waiting to see how some of it shakes out.

Cameron, go easy on my Devils, you have to think they were one of the top 16 temas in the country. Nothing to be ashamed of. :)

Mar 28, 2009 10:03 AM