Does that mean we have hit a bottom? Is the end in sight? Is it time to buy??
Inventory levels would indicate that we have some time to go. However, The Federal Reserve Chariman Ben Bernanke appears set to continue to lower interest rates.
Federal lawmakers are committed to work with Government backed lending institutions (Fannie Mae , Freddie Mac ) to stimulate the Real Estate Market and banks are working with consumers to help keep them in their homes.
Don't let the naysayers fool you. If it's not the time, to buy, there is plenty to indicate, at least here in Maricopa County and the cities of Scottsdale to suggest we are very close.
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