I'm not a very good "Stat" counter like some of my Activerain buddies; I'll see what I can figure out and report it later!
What I am sure of is that I think April was a pivotal month for our entry level market.
Six weeks ago there where many homes to choose from in Carson Valley, Nevada under $250,000. Yesterday I was showing homes to a single buyer who wanted to find a house under $170,000.00. There were very few to look at and ... to make matters worse ... we are experiencing multiple offers on those that are available.
I think this is a good sign of things to come! Could it be that the "Good Old Days" were last month?
I know that I have a couple of buyers that waited and waited to buy. they wanted to take advantage of the "bottom of the market". The sad truth for them is that they just may have out foxed themselves and waited a bit too long!
Time will tell!