The last four years have been interesting to say the least. Talk about a head jerk turn around in the market. These past few years have been dominated by large inventories, short sales and reo's.
I'm very optimistic though that better days are right around the corner, at least for certain markets. Recently, I have been having a hard time finding properties for certain clients. They are ready, willing and able to buy, but there are no homes that match their criteria! "You've got to be kidding me, right?"
In running the local inventory figures, we are down 30% - 40% from the all time peak! That is incredible and it can only mean good things to come!
What are you experiencing in your markets?