Could it be..a glimmer of light?

Sales volume is up, and supply is down. For the last 3 months in a row in the Livermore Pleasanton area we have seen the trends indicate a small recovery.

60+ home sales in Livermore was a 20% increase from the month before and the unsold inventory dropped to 8+ months, down from 12 month supply in December 07.

Last week at an open house I had 16 groups through, potential buyers from as far away Walnut Creek and Morgan Hill, buyers poised to execute once their current property sells. The demand is building make no mistake. Falling prices have tenants and fence sitters thinking about buying again. If we are not at the bottom of the market then we must be fairly close and after all people do need somewhere to live.

Click on the tab at the top of the page and search for available homes in you price range and town. To get the most recent statistics for your town click the statistics tab on the right.

Related posts:

1. Inventory Creeps higher
2. Fed Lowers Rate
3. Interest Rates Fall
4. Sales Volume Up in Livermore and Pleasanton!
5. Have we hit bottom?

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