Well I believe we are at the end of the price reductions for this year. I know many sellers are waiting for an upswing in prices. Our inventory is still high, so perhaps the rise in prices won't be as high as one would think.
Its still a great time for buyers to scoop up some real estate. Prices and Incentives are high and many need to sell their current home NOW.
New Home Sales have been good, with a bit of a slow down for the upcoming holiday season, a normal trend. Many New Home Builders are offering incentives and reduced prices to sell some inventory they current have on the market. NEW HOME - WHY NOT. Put your own twist and stamp on a new home, the feeling is pretty great - being the FIRST family to live in a home.
Cheers and Have a Great Remainder of 2007.