According to CNNmoney.com pending sales are up but home prices are still heading south. This is not more prevelant then in the Las Vegas real estate market were 1800sqft homes are going for $120,000. Las Vegas real estate agents are busier now then they have been for years scrambling around searching for the next best deal. There are even indications of a "Floor" being hit. We will see if the prices can flatten out before we call over. Las Vegas Real Estate is much like the Stock Market. You never know when its going to turn the other way, you just know its going to and you just have to be the judge to determine when to start buying.