I have posted real estate statistics from our MLS that shows that inventory is beginning to stabilize, and that demand is increasing http://www.davidbarrhomes.com/marketstats.html . We had 3 straight months of stable data, which foretells slight increases in the coming year in both units sold and average sales price. Coldwell Banker is predicting sales growth of approximately 5% for 2010. Keep in mind this is against a relatively abysmal 2009, so real estate prices will remain attractive as the economy rebounds.
If you have further real estate-related questions, please contact me at email@example.com.
David Barr, Broker