Welcome to my Web Site enjoy some information from the First Half of the year 2009:

Here is a brief overview of what is happening so far this year.

· Interest rate had dropped to a very low rate 4.375% for some

· The housing affordability index (219) is at its highest since they have been tracking this

· Home sales are (21.3%) higher than 2008

· The average sales price continues to decline (17.3% thus far thru April)

· There are (14.8%) fewer homes on market than 1 year ago

· New home starts are at the lowest since they have been tracking

· Foreclosures and short sales are accounting for the majority of sales

· On average our absorption rate is (7.7) months

This information is very helpful to both sellers and buyers.  We are inching closer to a more balanced market and pricing stabilization but are not there yet, maybe by 4^th quarter.

Richard